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Canton ISD board extends district depository contract under Texas Education Code

Canton ISD Board of Trustees · April 21, 2025
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Summary

The Canton ISD Board unanimously approved a resolution to extend the district's depository contract under Texas Education Code Chapter 45, Subchapter G; the motion was made by Jack Thelen and seconded by Matt Dunn and passed 7–0.

The Canton ISD Board of Trustees voted April 21 to approve a board resolution extending the depository contract for the district’s funds under Texas Education Code, Chapter 45, Subchapter G. Jack Thelen moved the resolution and Matt Dunn seconded; the motion carried 7–0.

The resolution authorizes the district to continue its banking relationship under the statutory framework for school district depositories. The minutes identify the statutory citation on the agenda but do not specify the depository bank or contract term extents in the body of the meeting record.