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Borger ISD trustees review and approve quarterly investment report and district financial statements

Borger Independent School District Board of Trustees · December 12, 2024
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Summary

Business Manager Shannon Trenfield presented detailed financial reports (TexSTAR, Lone Star, Happy State Bank balances, general fund revenue, special education and capital expenditures, travel card report, and tax collections). Trustees approved the Quarterly Investment Report (motion by Eric Schneck, seconded by Gabriela Small).

During the Dec. 12 meeting, Business Manager Shannon Trenfield reviewed a suite of financial reports for the Board, including child nutrition statements, TexSTAR and Lone Star accounts, Happy State Bank account balances, general fund revenue and special education expenditures, capital projects expenditures, the district travel card report and tax-collection figures.

Following the review, the Board approved the Quarterly Investment Report on a motion by Trustee Eric Schneck with a second from Trustee Gabriela Small; minutes record unanimous approval by attending trustees. The minutes do not include numerical balances or investment performance figures.

The financial review was presented as part of routine oversight; the minutes do not record immediate budget amendments or hiring tied to these reports.