8.A.21 • Action ItemsVERNON ISD (Wilbarger County)

Consider action on amending Policy CFB(LOCAL) on the Capitalization Threshold for purposes of classifying individual capital assets. Description: Due to new regulations by the Federal Government, we now can establish a new capitalization threshold for purposes of classifying individual capital assets from $5,000 to $10,000. It is recommended by our Auditor to amend the policy.

Presented in: VERNON ISD Board of Trustees Regular Meeting on 2026-07-20

Official Roll-Call Vote

Expands Gov't • 5.0/10 Impact Weight

PASSED (7 - 0)

“Action on Consider action on amending Policy CFB(LOCAL) on the Capitalization Threshold for purposes of classifying individual capital assets. Description: Due to new regulations by the Federal Government, we n”

Carrie Hawkins

Trustee, Place 5 (Place 5)

YES

Amanda Lehman

Trustee, Place 6 (Place 6)

YES

Patrick Parmer

Trustee, Place 7 (Place 7)

YES

Emory Byars

Trustee, Place 1 (Place 1)

YES

Chris Lehman

Trustee, Place 2 (Place 2)

YES

Bryson Henry

Trustee, Place 3 (Place 3)

YES

Jarrod David

Trustee, Place 4 (Place 4)

YES

Staff Report & Agenda Item Details

8.A.21. Consider action on amending Policy CFB(LOCAL) on the Capitalization Threshold for purposes of classifying individual capital assets. Description: Due to new regulations by the Federal Government, we now can establish a new capitalization threshold for purposes of classifying individual capital assets from $5,000 to $10,000. It is recommended by our Auditor to amend the policy.

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 5.0/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).