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Board approves Budget Amendment No. 1 for 2025-26; General Administration increased by $5,000
Summary
Spearman I.S.D. approved Budget Amendment No. 1 for 2025-26. The amendment increases General Administration spending by $5,000, leaving total General Fund revenue at $10,401,579 and reducing the projected fund balance to $495,116.
At its Dec. 10 meeting, the Spearman I.S.D. Board approved Budget Amendment No. 1 for the 2025-26 fiscal year as shown in Exhibit A. The amendment adds $5,000 to General Administration (account 41), increasing the expenditure total to $9,906,463 and lowering the projected fund balance from $500,116 to $495,116.
The board recorded that total revenue remains $10,401,579 and that specific line items elsewhere were unchanged. Scott Sonnenberg moved to approve the amendment; Rhett Renner seconded and the motion passed 7-0.
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