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Royse City ISD board approves consent agenda, personnel actions and finance resolutions; OKs up to $400,000 reimbursement plan for high school auditorium work
Summary
The board approved the consent agenda and personnel actions presented in closed session and adopted finance-related resolutions, including a resolution to declare intent to reimburse up to $400,000 for high school auditorium lighting and renovation work using fund balance until bond proceeds are available; all recorded motions passed by voice vote 6–0.
The board approved the consent agenda by voice vote and then approved hires and resignations that had been presented in closed session; the chair announced each motion and recorded votes as passing 6–0. The transcript shows the chair calling for a motion and the board responding in the affirmative to each item.
Byron Bryant presented two annual finance items: review and approval of the district’s investment brokers list and the district’s investment policy resolutions required under the Public Funds Investment Act; he said there were no changes to the broker list and that current investment pools were providing favorable rates. The board approved both resolutions. Bryant also requested adoption of a resolution declaring the district’s intent to reimburse certain project expenditures for high school renovations from bond proceeds later, noting the district would use fund balance now to fix auditorium lighting and be reimbursed when bonds are sold. “We’re asking not to exceed 400,000,” he said. The board approved the reimbursement resolution by voice vote (6–0).
