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 $2,455,608.67 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 P

Staff Report & Agenda Item Details

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 $2,455,608.67 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 $106,356.73 5200-8010-001-480001 $547,571.85 5100-8010-001-480002 UISD $291,752.14 5200-8010-001-480002 $1,502.070.00 5100-8010-001-480003 WCISD $1,278.04 5200-8010-001-480003 $6,579.91 Issue: The original budget for these accounts were adopted with an estimated amount before the final numbers were provided by each school district. Each district will need a budget amendment to reflect final totals. 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. Acct. Number Acct. Name Adopted 5100-8010-001-480001 LISD $106,356.73 5200-8010-001-480001 $547,571.85 5100-8010-001-480002 UISD $291,752.14 5200-8010-001-480002 $1,502.070.00 5100-8010-001-480003 WCISD $1,278.04 5200-8010-001-480003 $6,579.91

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.3/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.