Consider Resolution to Assign General Fund Balance Description: The resolution will set aside oil and gas revenue of $210,641.89 earned during the 2025-2026 fiscal year. The oil and gas reserve is for future technology needs. Previous Reserve Balance at 6/30/2025                              $1,570,850.58 Reduced: Used for Laptops                                           $(301,682.00) Updated Res

Staff Report & Agenda Item Details

I.3. Consider Resolution to Assign General Fund Balance Description: The resolution will set aside oil and gas revenue of $210,641.89 earned during the 2025-2026 fiscal year. The oil and gas reserve is for future technology needs. Previous Reserve Balance at 6/30/2025                              $1,570,850.58 Reduced: Used for Laptops                                           $(301,682.00) Updated Reserve Balance at 11/17/2025                             $1,269,168.58 Add: 2025-2026 Oil and Gas Revenue                         $210,641.89 Total Reserve                                                                       $1,479,810.47 The district will also assign the following fund balances, which do not require board resolution, and are provided for informational and transparency purposes: $2,000,000 for Building and Construction projects $1,595,720 for Deficit 2026-2027 Budget $1,000,000 Reserve for Insurance Deductible A total of $6,075,530.47 General Fund Balance will be set aside for future expenditures. Attachments: ( 1 ) 15 Fund Balance Resolution

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.7/10). 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).