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CFO presents 2024–25 budget overview; trustees approve July financials
Summary
CFO Teresa Montemayor reviewed the district’s 2024–25 budget assumptions, tax‑rate context, fund balances and revenue/expense projections; trustees approved the financial report for period ending July 31, 2024 on a motion that passed unopposed.
Teresa Montemayor, chief financial officer for Levelland ISD, presented the district financial report for the period ending July 31, 2024 and led a 2024–25 budget overview. Her presentation covered a refresher on school funding, tax rate and property value history, fund balances, attendance assumptions, budget modifiers, revenue and expense projections and the projected fund balance impact.
Trustees asked questions during the presentation and then approved the financials. Trustee Matt Buxkemper moved to approve the financial report; Trustee Brooke Obenhaus seconded and the motion passed unopposed. The minutes record the budget topics covered but do not publish line‑item figures in the public minutes.
The review included next steps for the budget process; the minutes list items to be followed but do not record specific dates for final adoption within the public excerpt.
