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Angleton ISD finance and grants update: budget report, investment review and $3.5M in federal grant applications
Summary
Director of Finance Connie Cox gave the 2026–2027 budget update and investment review; the board heard that TASB offered a 4% workers' compensation premium decrease (projected $18,000 net increase due to payroll growth) and that the district will pursue approximately $3.5 million in federal grants across several programs.
Connie Cox provided the board with the district's 2026–2027 budget update and the quarterly investment report, emphasizing policy focus on safety of principal and liquidity for payroll and bills. She reported TASB's Workers' Compensation program offered a 4% decrease in premiums for the upcoming year but that total dollars paid are expected to rise roughly $18,000 because premiums are tied to payroll growth.
Bond consultant Tim Richard gave a status update on capital projects including Heartland Elementary and other facility work. Assistant Superintendent Vicki Harmon reported the district will apply for approximately $3.5 million in federal grants across several programs. Trustees approved the annual cooperative renewals, continued TASB workers' compensation participation and the investment policy review unanimously during the meeting; specific funding allocations and grant program names were not detailed in the minutes.
