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Lindsay ISD finance director reports steady collections and lower utility costs in March
Summary
Finance Director Jessica Reiter told the board that utility usage was down $2,261 year-over-year, tax collections were at 98.32% (about $91,000 uncollected), and district spending is approximately 75% of anticipated budget through April as staff prepare the 20262027 budget.
On April 22, Finance Director Jessica Reiter reported that utility usage was down $2,261 compared with the same time last year and that tax collections stood at 98.32%, leaving roughly $91,000 uncollected. Reiter said the district is operating at about 75% of the anticipated budget through April and will review a few functions that are slightly over to determine whether a budget amendment will be needed.
Reiter also reported staff are working on the 20262027 budget and plan to present items at an upcoming budget workshop. No budget amendment was presented or approved at the April 22 meeting.
