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Board adopts Budget Amendment No. 2, increases data-processing spending by $76,134
Summary
Spearman ISD approved Budget Amendment No. 2 for 2025–26, increasing Data Processing expenditures by $76,134 and reducing the projected general fund balance to $423,982; the motion passed 7-0.
Trustees approved Budget Amendment No. 2 for the 2025–26 fiscal year on Feb. 9, increasing the general fund expenditure budget by $76,134 for Data Processing. The amendment raises total general fund expenditures from $9,901,463 to $9,977,597 and reduces the projected fund balance from $500,116 to $423,982. Brenda Ferguson, Director of Finance, presented Exhibit C showing the line-item adjustments.
The motion to approve the budget amendment was made by Scott Sonnenberg and seconded by Anne Marie Pearson; the board recorded a unanimous 7-0 vote. Exhibit C in the record provides the revenue and expense breakdowns for the General Fund, Food Service, and Debt Service and shows the Data Processing increase as the primary adjustment in this amendment.
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