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Valley View ISD reports $279,991.80 interest earnings for 4th quarter
Summary
Finance Director Sandra Martinez told the board the district earned $279,991.80 in interest in the 4th quarter and provided fund-level balances; trustees asked about budget implications for planned pay raises and were told $900,000 for raises is already incorporated in the budget.
Sandra Martinez, Valley View ISD finance director, told trustees the district earned $279,991.80 in interest during the fourth quarter of fiscal 2025-26. "The total interest earned for the 4th quarter is $279,991.80," Martinez said, and she listed amounts by fund: Local $913,848; Debt Service $145,039; Child Nutrition $57,047.12.
A trustee asked whether the "300" line item would decrease because of the pay raises, and staff responded that the $900,000 planned for raises is already incorporated into the adopted budget and that interest rates remain steady. The discussion did not result in any change to the budget at the meeting; the board took no separate action on the investment report beyond asking clarifying questions.
