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Board uncommits $900,000 from Veribest ISD fund balance
Summary
The Veribest ISD Board voted Dec. 16 to uncommit $900,000 from the district's fund balance to free those dollars for future use. The motion passed unanimously after the district's financial reports were presented.
The Veribest Independent School District Board of Trustees voted unanimously Dec. 16 to uncommit $900,000 from the district fund balance, a move the board said would free one-time dollars for future needs.
Board President Mark Kellermeier made the motion to uncommit the funds and Mark Schwartz seconded; the motion passed 5–0. Business Manager Denise Dusek had provided the board with multi-page financial reports and an account-balance summary showing total district cash and investments of $4,775,114.13 as of Dec. 13, 2024. The board did not attach conditions to the uncommitment during the meeting.
