Adopted Budget

On an annual basis, the District presents the Board of Trustees with the proposed budget for the General Operating Fund and the Debt Service Fund for approval as required by the Texas Education Code and as described in the Texas Education Agency’s Financial Accountability Systems Resource Guide. The proposed budget is presented to the Board summarized at the function level for each of the stated funds above. The Board is required to hold a public hearing on the proposed budget and to adopt a final budget no later than June 30, the close of the District’s fiscal year. After adoption of the budget, the appropriation amounts are entered into the District’s accounting and encumbrance system and monitoring of the expenditures and encumbrances in relation to the approved budget begins.