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Quinlan ISD hears budget report, shows $53.5 million cash balance
Summary
Quinlan ISD business officer presented January financials showing $5.9M in revenues, $3.8M in expenditures and a cash‑flow ending balance of $53,504,262.17; trustees reviewed investment earnings and monthly interest rates for TexPool and LoneStar.
Business officer Becky Pfeil told the Quinlan Independent School District Board of Trustees the district’s cash‑flow ending balance was $53,504,262.17 at the close of the most recent reporting period. She said revenues were $5,904,374.70 and expenditures were $3,799,341.71.
Pfeil also reported investment earnings: monthly interest earned for January 2025 was $193,449.00 and budget year‑to‑date interest earnings stood at $1,389,240.00. She cited January interest rates of 4.5100% for TexPool and 4.5600% for LoneStar. The figures were presented as part of the board’s regular financial review; no formal action was required on the report.
