Commissioners Court Meeting
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Meeting Date:
03/11/2019
Submitted for:
Elizabeth Ortiz
Prepared by:
Elizabeth Ortiz
Department:
County Judge
Subject:
Discussion and possible action to approve the following budget amendment (line item transfer) for the distribution of funds to United Independent School District, Laredo Independent School District and Webb Consolidated School District 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
Request
Current
End Bal.
5100-8010-001-480001
L.I.S.D
$236
$429.15
$236
$665.15
5100-8010-001-480002
U.I.S.D
$0
$1260.69
$0
$1260.69
5100-8010-001-480003
Webb Consolidated
$0
$7.73
$0
$7.73
5200-8010-001-480001
L.I.S.D.
$400,000
$534,867.32
$400,000
$934,867.32
5200-8010-001-480002
U.I.S.D
$600,000
$1,171,899.69
$600,000
$1,771,899.69
5200-8010-001-480003
Webb Consolidated
$0
$10,870.55
$0
$10,870.55
Issue:
The original budget for these accounts were adopted with an estimated amount before the final numbers were provided by each school district.
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
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