Commissioners Court Meeting

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Meeting Date:	05/13/2024
Submitted for:	Elizabeth Ortiz	Prepared by:	Elizabeth Ortiz
Department:	Business Office

Subject:

Discussion and possible action to approve the following amounts for the distribution of funds to United Independent School District, Laredo Independent School District and Webb Consolidated School District in the amount of $1,435,963.63 from the reserve fund balance of the Webb County School Lands that is to be distributed on a Scholastic Basis; and any other matters incident thereto. [Available Permanent School Funds]

Acct. Number	Acct. Name	Adopted
5100-8010-001-480001	LISD	$57,119.27
5200-8010-001-480001		$1,596,319.24

5100-8010-001-480002	UISD	$180,163.68
5200-8010-001-480002		$5,035,056.92

5100-8010-001-480003	WCISD	$713.99
5200-8010-001-480003		$19,953.99

Issue: The original budget for these accounts were adopted with an estimated amount before the final numbers were provided by each school district. Only UISD will need a budget amendment in the amount of 1,435,963.63.

Solution: The budget adjustment will provide accurate amounts in each account for the general request for payment.

Result: The disbursements of funds will be processed.

Fiscal Impact

Budget Account Number:	N/A
Funding Source:	N/A
Balance:	N/A
Financial Impact:
N/A