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Raymondville ISD CFO reports $3,475,348.89 tax levy and $5,117,421 in investments
Summary
Chief Financial Officer David Longoria told trustees the district's January 2025 tax levy was $3,475,348.89 with $2,757,327 collected (79.33%) and that Raymondville ISD held $5,117,421 in investments; Longoria also presented the district's investment portfolio, revenues and expenditures and operating checks.
Raymondville ISD Chief Financial Officer David Longoria reported to the board on Jan. 31, 2025 financials and collections during the Feb. 11 meeting. He stated a tax levy of $3,475,348.89 and collections of $2,757,327 for the month of January 2025, representing a 79.33% collection rate, and listed total district investments of $5,117,421.
Longoria presented the district's investment portfolio along with revenues, expenditures as of Jan. 31, 2025, and a list of operating checks for the month. The minutes record those figures but do not include additional explanatory commentary on investment strategy or anticipated changes to revenue projections.
The board received the report as part of the Superintendent's report; no formal vote was required for the informational financial report.
