By TONY VINDELL
Special to the NEWS
The San Benito Consolidated Independent School District has plenty of money both in cash and in investments.
According to the last report, issued on Thursday, Nov. 10, at the financial committee meeting, the district has more than $68.6 million in both accounts. Just in cash, the district has more than $4.5 million in a bank account and more than $64.1 million, in total investments.
Monica Matta, the district’s finance director, gave the report on the district’s latest financial standing, which also shows grand total revenues of more than $35 million and expenses of more than $23 million. In cash disbursements, a total of $90 million was issued at the end of Oct.
In other business, the committee approved a number of requests, including a meal and catering contract with a vendor, and a request to buy a delivery truck from Boggus Ford. The current truck the district has is in dire need to be replaced.
A district building committee meeting was also held on the same day.
Want the story in its entirety? Pick up a copy of the San Benito News, or subscribe to our e-Edition by clicking HERE!
Recent Comments