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Levelland ISD reports $663,793.49 in investment earnings; board approves financials

Levelland ISD Board of Trustees · September 18, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

CFO Teresa Montemayor told trustees the district posted $663,793.49 in investment earnings for the period ending Aug. 31, 2024; trustees approved the financial and annual investment reports with minor corrections noted.

During the Sept. 18 meeting, CFO Teresa Montemayor presented the financial report for the period ending Aug. 31, 2024, and reported $663,793.49 in investment earnings. She told the board the average yield on checking investments was 4.00% and the average yield on pool investments was 5.30%.

Trustee Brooke Obenhaus moved to approve the financial report as presented; Trustee Matt Buxkemper seconded and the motion passed without opposition. Montemayor also presented the annual investment plan for 2024–25; Trustee Buxkemper moved to approve the investment report with a correction to a superintendent training date, and that motion likewise passed unopposed.

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