Commissioners Court Meeting

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Meeting Date:	01/09/2017
Disbursement of School Land Monies
Submitted for:	Rose Magana	Submitted By:	Rose Magana
Department:	Commissioners Court

Subject:

Discussion and possible action to authorize the distribution of funds to United Independent School District, Laredo Independent School District and Webb Consolidated School District in the amount of One Million Three Hundred Forty-Two Thousand Six Hundred Seventy-Six Dollars and Fifty-One Cents ($1,342,676.51) 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. [Requested by Webb County Auditor; Funds #861 and #862 (Permanent Available School Funds)]

Percentage	GL Account	School	Fund 861	Fund 862	Total
64.40%	XXX-0301-6072	UISD	$97,936.46	$766,747.21	$864,683.67
35.12%	XXX-0301-6071	LISD	$53,408.83	$418,139.16	$471,547.99
0.48%	XXX-0301-6073	Webb Consolidated ISD	$729.96	$5,714.89	$6,444.85

Background:

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Previous Court Action:

Fiscal Impact

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Financial Impact:
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