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Valley View ISD creates construction fund to track capital projects
Summary
The board approved a budget amendment to set up a construction fund to better track capital projects after presentation by Finance Director Sandra Martinez. Trustees voted unanimously to approve the amendment.
Valley View ISD's Board of Trustees approved a budget amendment at its Feb. 25 meeting to create a construction fund intended to improve tracking of district capital projects.
Sandra C. Martinez, the district finance director, presented the amendment explaining it will allow the district to segregate capital project receipts and expenditures for clearer accounting. Claudia Coronado moved to approve the amendment and Jaime Gaona seconded; the motion carried unanimously.
The board did not specify project start dates or project budgets in the minutes; administration will manage fund setup and subsequent project-level reporting.
