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Anthony ISD trustees discuss creating a fund-balance policy
Summary
Following the September budget report, trustees discussed the district fund balance and whether to establish a formal policy for 'fund balance days.' No policy was adopted; the item remained a topic for future consideration.
During the Sept. 17 meeting, Executive Finance Director Emily Levario presented the September budget report and the board engaged in a discussion focused on the district fund balance. Trustees asked whether the district should adopt a policy establishing target fund-balance days.
The minutes record the question about establishing a formal fund-balance-days policy but do not show any motion or vote on a policy at this meeting. Trustees discussed the concept among themselves; no public speakers commented on the topic.
Staff follow-up or a future agenda item would be required to create and approve a formal fund-balance policy.
