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Pine Tree ISD board accepts financial report; purchases over $50,000 included Trane and Sysco Foods
Summary
The board accepted the district financial report noting a 95.38% tax collection rate, budget amendments for Reading Academy and laptops, and multiple purchases over $50,000 including Trane ($527,130) and Sysco Foods ($180,000).
Salena Jackson presented the district financial report at the May 11 meeting, reporting a tax collection rate of 95.38 percent and noting current and prior-year deletions and refunds as recorded in the packet. The board approved budget amendments including Reading Academy ($6,285) and laptops ($110,267) and accepted several purchases over $50,000: Trane ($527,130), Sysco Foods ($180,000), Velvin Oil Co ($64,500), Fun and Function ($57,609), Gas & Supply of ET ($52,183), and Heartland Payment Systems ($50,694).
Trustee Adam Graves moved to approve the financial report and Trustee Drew Seidel seconded; the motion passed with a recorded Yea: 6, Nay: 0. Donations and a quarterly marketing report were also noted in the packet.
