During a recent government meeting, key discussions centered around educational grants, student enrollment, and financial oversight for the district.
The meeting highlighted the awarding of the Effective Schools Framework Focus Support Grant, a two-year initiative from the Texas Education Agency (TEA) aimed at enhancing educational standards across Texas. CC Hardy Elementary received the grant, which will also benefit Lynn Lucas Middle School, a Title I institution within Hardy's feeder pattern. The grant will fund professional development and program implementation support, ensuring that all teachers and administrative staff across the district receive uniform training.
Enrollment figures were also discussed, revealing a total increase of 364 students across the district as of October 3rd. This includes a rise of 166 students in elementary schools, 20 in middle schools, and 178 in high schools, indicating a positive trend in student retention and attraction.
Financial updates were presented, with the district reporting significant expenditures in September, the first month of the fiscal year. Notably, 14 checks exceeding $50,000 were issued, primarily for payroll and construction projects related to turf installations and fine arts expansions. The district received its first installment of state aid amounting to $7.4 million, with additional local tax revenue expected to flow in by January.
Investment strategies were also reviewed, emphasizing the importance of preserving yield and minimizing risk for public funds. The district's primary depository, Woodforest National Bank, is under a contract set to expire in July 2025, with plans to potentially bid for new banking services in the spring. The district's cash balances as of August 31, 2024, totaled over $200 million, with significant portions allocated to bond funds and general operating expenses.
Overall, the meeting underscored the district's commitment to enhancing educational quality through strategic funding and professional development, while also maintaining a robust financial framework to support its initiatives.