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Kountze ISD presents financials, approves bank depository and bond proceeds account

Board of Trustees of the Kountze Independent School District · August 11, 2025
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Summary

The board received a June 2025 financial statement, heard that cash in bank totaled $7,709,246.45, and approved a bank depository proposal for 2025–2027 and a Bond Proceeds Account; trustees also approved adult meal prices.

District financial staff reported Cash in Bank as $7,709,246.45 and presented M&O and I&S tax-collection information through July 2025 along with the financial statement for June 2025. The board accepted those reports as presented.

On motions carried unanimously (6-0) the board approved the Bank Depository Proposal for 2025–2027 and authorized opening a Bond Proceeds Account with the district's bank depository. Trustees also approved adult meal prices on a separate motion; the minutes do not list the specific adult meal price.