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Levelland ISD board approves single 2023–24 budget amendment to cover estimated expenditures
Summary
The board approved budget amendment #1 for 2023–24, presented by CFO Teresa Montemayor, to cover estimated expenditures and increase revenue to offset those expenditures; the amendment was described as the only one to be presented and will not create a deficit.
Chief Financial Officer Teresa Montemayor told the board that amendment #1 to the 2023–24 budget is intended to cover estimated expenditures, increase revenue where possible to offset those expenditures, and protect the district's ledger against possible audit-related journal entries. Montemayor stated that "this will be the only one presented."
Trustee Mike Stafford moved to approve the amendment as presented; Vice President Joyce Johnson seconded the motion and it passed. Montemayor told the board the amendment would not create a budget deficit. The minutes do not list specific dollar amounts for the amendment or line-item changes.
