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Board approves attendance-credit agreement and banking measures
Summary
The board approved a superintendent agreement to purchase attendance credits and approved creation of a basic securities account and an extension of the district's depository contract; all three finance actions passed unanimously.
At the Sept. 22 meeting, the WEST ORANGE-COVE CISD Board approved three finance-related actions: a superintendent agreement for the Purchase of Attendance Credits, approval of a West Orange-Cove CISD Basic Securities Account, and a resolution to extend the district's depository contract. All three motions were recorded as carrying by unanimous votes (7-0).
The Purchase of Attendance Credits motion was moved by Demetrius Hunter and seconded by Linda Platt-Bryant. The securities account approval was moved by Donny Teate Jr. and seconded by Tommy Wilson Sr. The resolution to extend the depository contract was moved by Linda Platt-Bryant and seconded by Tommy Wilson Sr. The meeting record lists the agenda items and vote tallies but does not provide contract amounts or banking institution names in the posted lines.
Board approval of attendance-credit purchasing and securities account setup typically affects how the district manages funds and state attendance calculations; the transcript does not include further detail on fiscal amounts or vendor identities.
