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Muleshoe ISD board designates $4 million for capital and disaster needs
Summary
The board unanimously designated $4,000,000 of fund balance for future capital outlay and disaster response, a formal step to reserve district resources for large projects or emergencies.
The Muleshoe ISD Board voted to designate $4,000,000 of the district's fund balance for future capital outlay expenditures and/or disaster needs.
Mr. Myles James presented the recommendation; Jesus Tovar moved that the board designate the $4,000,000 and Kevin Morris seconded. The motion was recorded as passed 6–0 in the minutes: "Move that $4,000,000 in fund balance be designated for future capital outlay expenditures and/or disasters, as presented." The minutes do not specify which capital projects or disaster scenarios these funds will target, only that the designation was approved.
Board approval creates a reserve the district can use for major capital projects or emergency response, but the minutes do not list any immediate expenditures tied to the designation.
