Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Contracts topic
No spam. Unsubscribe anytime.
Chisum ISD board approves financial statement, quarterly investment report and extends bank depository contract
Summary
The board approved the financial statement and quarterly investment report and voted to extend the depository contract with Farmers Bank from Sept. 1, 2025 through Aug. 31, 2027. All motions were recorded as passing with four trustees present and three absent.
At its April 17, 2025 meeting the Chisum ISD Board approved routine financial items and extended the district's depository contract. Board President Travis Ball moved to approve the financial statement (seconded by Matt Patterson) and Judd Oats moved to approve the Quarterly Investment Report (seconded by Matt Patterson); both motions were recorded as passing 4–0 with three trustees absent.
Later in the agenda Board member Matt Patterson moved and Judd Oats seconded a resolution extending the depository contract with Farmers Bank for an additional term from Sept. 1, 2025, through Aug. 31, 2027. The minutes record the motion as approved by the trustees present. The minutes do not include finance staff detail on projected fees or any comparative bids.
