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Board approves revised CFB (LOCAL) policy on inventories, 7-0
Summary
The Peaster ISD Board of Trustees voted unanimously June 15, 2026, to adopt a revised district policy — CFB (LOCAL): Accounting: Inventories — on a motion by BJ Sharp, seconded by Laura Stewart.
The Peaster ISD Board of Trustees voted unanimously June 15 to approve a revised district accounting policy titled "CFB (LOCAL) — Accounting: Inventories." BJ Sharp made the motion to approve the revision and Laura Stewart seconded.
The motion was recorded in the minutes as: "BJ Sharp made a motion to approve revised policy CFB (LOCAL)- Accounting: Inventories, Laura Stewart seconded the motion." The roll call listed Sharp, Stewart, Stafford, McKinley, Bashore, Cross and Evers in favor; none opposed. The minutes note the motion "carried 7-0." The approval was entered in the open minutes (see meeting record SEG 002).
The revision was recorded as a formal board action in the meeting minutes; the transcript excerpt does not include the text of the policy change or implementation details such as effective date, administrative guidance, or budgetary impact. Those specifics were not provided in the excerpt and are listed as not specified in this report.
Next steps: The minutes do not record additional open-session discussion, amendments or a separate vote on implementation steps. Any administrative instructions or effective-date details would normally appear in accompanying policy documentation or later minutes.
