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Trustees approve final 2024–25 budget amendment reducing fund balance by $1.66 million
Summary
The Cleveland ISD Board unanimously approved a final 2024–25 budget amendment that reduces estimated revenue by $4,168 and expenditures by $2,511,506, yielding a $1,656,494 net decrease to the budgeted fund balance.
The Cleveland ISD Board of Trustees voted unanimously at a special meeting Aug. 25 to approve the Final Budget Amendment for the 2024–25 school year. Trustee Pauline Johnson moved the amendment and Trustee Bethany Porter seconded; the motion passed by a 7–0 roll call.
The amendment as recorded reflects a decrease in total estimated revenue of $4,168, a decrease in total estimated expenditures of $2,511,506, and a net decrease to the budgeted fund balance of $1,656,494. The minutes note the roll call result: “The motion passed by a vote of 7 to 0.” The board took no additional action beyond approving the amendment.
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