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Krum ISD CFO says district eligible to apply for up to $1 million NIFA grant; finance reports praised
Summary
CFO Misty Ward told the Krum ISD board the district qualifies to apply for the New Instructional Facilities Allotment (NIFA), potentially receiving up to $1 million for the fiscal year; she also reported a superior FI.R.S.T. rating and reviewed quarterly investment results.
Misty Ward, chief financial officer, told the Krum ISD Board of Trustees that the district is qualified to apply for the New Instructional Facilities Allotment (NIFA) grant and "could receive up to $1 million for this fiscal year." Ward presented the district's July financials and the quarterly investment report for April through June.
Ward also reported the district received a superior rating on its FI.R.S.T. report. The board received the presentation with no follow-up motions. Ward's report served as the financial basis for later budget amendments approved on the consent agenda.
