Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Krum ISD receives Bond Series 2025; CFO reports expenditures at 13%
Summary
CFO Misty Ward reported the district received its Bond Series 2025 on Aug. 25, 2025; expenditures are at 13% (below the district target of 17% or lower) and debt service received $725,000 for the period reported.
Misty Ward, the district chief financial officer, presented the monthly financial report for August: the district received Bond Series 2025 on Aug. 25, 2025; staff said they prefer expenditures be at or below 17% and reported expenditures at 13%; and debt service receipts totaled $725,000.
The minutes present those figures but do not provide a multi-month trend or full budget totals in the text; they record the CFO's preference for an expenditures-to-date target and the receipt of bond proceeds. No board questions or follow-up tasks are recorded in the minutes for this item.
