[0:00] I see proposed. It's cut in and tax rate.

[0:04] So part of your board agenda. Part of the point is just to notice the post hearings in the paper this year we posted in the. I want to order and the ground. It's great. Granted. Granted. Granted. Granted. Tax tax rate calculation worksheet. The one that is posted is the 36 cents for the debt service. I have.

[0:31] The one that I originally did for the, I guess the voter approved rate, like I said last month, we voted to increase that voter approved the rate.

[0:47] So let's first talk about our budget for our general operating, our maintenance and operation.

[0:55] The tax rate this year is going to be, that we're going to propose is 70.11 cents per

[1:02] hundred dollars of valuation. Our budget is calculated on, if you will, go, take a second.

[1:08] I want to put it on that. The one that says budget, the first one.

[1:17] Not the first one.

[1:18] The middle one, the first one that says budget, the BIC general operating.

[1:28] So we calculated the budget on an average daily attendance of 1,120 students for our average daily attendance.

[1:37] I will say for the first two weeks of school our average daily attendance is 1,180 or average daily attendance.

[1:44] So, as a bright now, we're looking, this budget proved, we're looking like it's, we

[1:52] could end up better than what we're projecting around now.

[1:55] You see the reason, the next reason for the revenue decrease where this last year or budget

[2:02] was not $19.6 million, the actual amount, we still made it, it happened a day or tomorrow

[2:09] we'll have a payment from TEA, when you look at the budget amendments, it's going to be

[2:13] over $19 million. So we'll generate revenue this year. So budget is for our

[2:20] maintenance operation, 18 million, 654,313. There's been no changes since our

[2:27] August 10 budget workshop. So, the only questions.

[2:40] Here's your hope of the

[2:41] interest in sinking.

[2:51] Alright, so our interest in sinking, once had on August 10th, we

[2:54] approved to recent voter approval tax rate with the proposed rate of 36 cents, the tax

[3:01] rate of 30.36 cents, not what we're proposing now, but the tax rate of 30.36 would have generated

[3:09] enough to pay the proposed expenditure budget, shows there $2 million, $512,600. That is our

[3:17] budget on the expenditure side with the tax rate of 36 cents per $100 valuation of property

[3:23] Texas district which is a rate of $3,000,000, $350.00.

[3:38] The last one is our food service budget.

[3:44] The cafeteria is a balanced budget of $927,268.00.

[3:50] I could tell you how a couple weeks ago we're not most sure what this is going to look like with our community out of the beverage program.

[3:54] here about the middle of September, in August, we'll run our reports to TDA to get the

[4:02] re-enforcement and we'll kind of see what the right-wing looks like for the community

[4:05] of the building provision program.

[4:08] Have you spoken to the elementaries?

[4:10] Is that working out good, Prairie?

[4:12] I think so.

[4:13] I know we've gotten a lot of positive feedback about food up here on the hill being served and

[4:18] the elementary food.

[4:19] So I think it's going to be good.

[4:21] I think it's going to be good.

[4:22] that they changed it up right? Yes. Yes. We have a free lunches for all the elementary, you know,

[4:28] I haven't heard anything from the cafeteria. Okay, I didn't know if you had more eat in the

[4:32] cafeteria since it was free lunches for the kids. I haven't pulled those numbers and I haven't

[4:38] heard anything feedback from the cafeteria. All I've heard about is foods better. The overall

[4:44] message yourself.

[4:49] Ms. Garge, I said I've discussed the tax rate so we're proposing tonight

[4:54] 70-21 cents for maintenance operation and 36 cents for the debt centers. Let's all have

[5:02] to go have a few questions.

[5:07] Do we need to go in and close? If you all would like to go in to close,

[5:11] we can go into closed.

[5:30] Go ahead, go ahead and vote on six.

[5:38] Next is budget amendments.

[5:48] Do we want to talk about the

[6:06] I finally saw the contract.

[6:07] Well, I guess they have a contract.

[6:09] We've talked to the party about the land purchase

[6:12] in the West station.

[6:14] And all I had was the contract.

[6:15] And the contract said, was it $300?

[6:18] For a total of $300.

[6:20] $300?

[6:21] Little less than $301,000.

[6:25] So that money from that we appropriate for that

[6:29] and moved it around.

[6:31] So we would have a balanced budget.

[6:34] One of the issues that we ran into, the accruals put most of our payroll over, I guess

[6:42] did you send them that email?

[6:44] I didn't send it to them.

[6:45] Oh, the one where you emailed me back while they're email address.

[6:50] My call?

[6:51] Oh.

[6:51] So anyways, our budget for payroll this past year was $12 million.

[6:55] After it was all sent down, it didn't end up being $12.00 million.

[6:58] So that's really what has caused some issues here at the end of the budget, hopefully.

[7:05] I think that's why I would see some increases in this year's budget and fight as in payroll.

[7:12] So anyways, I took that difference of what the contract said, $300,000, and you said $188,000

[7:22] to balance all the other budgets.

[7:23] So about 30 minutes ago, Paul was asking about that,

[7:29] because I thought it was $490,000.

[7:32] Well, we got to look into where he has another document

[7:36] that says it is $490,000.

[7:40] It is.

[7:41] I pulled our subcommittee notes

[7:43] that we had at those meetings with the EDC,

[7:48] and it is for $490.

[7:50] So we had the $189 for the purchase of the land, $300,000, $800,000, $811 for the purchase

[7:59] of our portion of the lift station for a total of $489,000, something, almost $490,000.

[8:10] So on this budget, you can look, we have overexpended function 11, well, we're right at it.

[8:16] I added a column this month that I don't normally have.

[8:19] it's encumbered and this was as of the last I think three days ago to this so yeah

[8:29] could I rank payroll for my day.

[8:33] My point being encumbered is what we said we're

[8:36] going to spend but mine not necessarily spend, right?

[8:43] No, no that's decimal, I'm sorry I looked at 50 for you.

[8:48] So it probably won't spin that much, but it's been appropriated, it's a PO's contract.

[8:54] Like, we give them some vendors that will pay it.

[8:56] It may not, the teacher that goes for whatever may not use all that money, or it may fall

[9:02] there and they don't use it off side of the money, it may come back.

[9:05] But these budget amendments cover, like I said, payroll is finished and it covers any

[9:09] in coverances that we have.

[9:11] If the spread didn't go in before September 1st,

[9:14] then it's up next year.

[9:15] So when we get to the resolution and it's been updated,

[9:19] if you've looked at it already because of this tonight,

[9:23] that's going to go into designated fund ballots.

[9:25] Did

[9:39] you say there was 900,000 increase in salary?

[9:42] Paul, we expanded the original budget last year

[9:46] in September was $12 million.

[9:49] And then we changed the budget throughout the year,

[9:52] but it's still wet enough. So it's 12.0. It's called Iroh. I went it up here.

[10:02] Anyone have any questions on that?

[10:07] We are going to go ahead and go into closed session.

[10:11] So it shouldn't take long, but if you don't want to step out, 640.

[10:22] So

[10:26] I'm not going to do so.

[10:27] We brought reading glasses. So we're getting ready.

[10:52] Are we run locked and we're ready?

[10:54] everybody? Yes, ma'am. All right. Item number five discussing to consider the approval of the 2025-2026 final budget amendments

[11:02] which we already went through and so each year we present final budget amendments since we're all funds and functions

[11:09] we've presented. For the audits, the more we'll consider the final budget amendments for revenues and expenditures, the 2025-2026 budget is recommended by

[11:18] administration. I get a motion to approve the final

[11:22] to the 2020-5-26 budget minutes directly and extenders

[11:26] and presenting. All in favor? All opposed?

[11:34] Motion passes?

[11:38] Tony, don't take a picture of

[11:39] me holding up the sheet. Directed over there.

[11:45] Item number six. Discussions consider adoption of the district budget at the

[11:50] the fund and function level for the 2026-2027 school year.

[11:57] On my question to adopt the 2026-2027

[11:59] record you're asking about it at the fine and function level.

[12:02] It's presented.

[12:03] Sorry.

[12:04] All in favor?

[12:06] All opposed?

[12:10] Number seven.

[12:11] Discuss and consider adopting an ordinance to set the 2026-2027

[12:15] district rate.

[12:16] The maximum tax rate the district can impose for the 2026-2027

[12:20] 1 is 0.7011 for maintenance and operation.

[12:25] The recommendation of tax rate of 0.36 for interest and sinking for a total tax rate

[12:32] of 1.0611, this is the recommendation of the district staff, the resolution to approve

[12:38] an ordinance to set the tax rate is attached.

[12:58] All in favor?

[13:01] All opposed?

[13:03] Motion passes.

[13:07] Number 8.

[13:08] Discuss and consider resolution of the board committing a fund balance.

[13:11] This form is for the addition of Matthew Devonport as an authorized representative for the district's Lone Star investment pool.

[13:20] Make a motion to approve the authorized representative form for the Lone Star investment pool for Prairie Freeman and Matthew Devonport to be authorized.

[13:29] Okay.

[13:32] All in favor?

[13:33] All opposed?

[13:36] Motion passes.

[13:38] Number nine, discuss and consider authorizing

[13:40] Prairie Freeman and Matthew Davenport as the designated

[13:43] authorized representatives to have full power

[13:45] and authority to execute the agreement.

[13:47] And any other documents is maybe required

[13:49] to deposit money to and withdraw money from

[13:51] Reconrich ISD's Lone Star Investment.

[13:55] I should move for Prairie Freeman and Matthew Davenport

[13:59] to be a designated pop-around representative

[14:01] to have the power of inquiry.

[14:03] Execute the agreement to the other documents

[14:06] I'd like to require to pause the money to draw money from

[14:09] right by student loans to start with that.

[14:13] Second.

[14:14] All in favor.

[14:15] Aye.

[14:15] All opposed.

[14:17] Motion passed.

[14:19] Number 10.

[14:20] Discussing, consider approval for the 2026, 2027 fuel bill.

[14:24] Fuel bids.

[14:33] Can we make the motion?

[14:33] No, that's not fair.

[14:36] Make a motion to approve the bid.

[14:38] The C4 fuels.

[14:40] Second.

[14:42] All in favor.

[14:43] of all of us. Meeting adjourned.

Untitled meeting

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