End of the Fiscal Year

by Coy Holcombe.  

Today is the last day of the 09-10 fiscal year for EISD. Our fiscal year runs from September 1 – August 31. Other school districts have July 1 as the start of their fiscal year. Both systems have their advantages and disadvantages. Toward the end of each fiscal year, we have a called board meeting to do final amendments to the budget. During each regular board meeting, amendments are submitted for board approval.A majority of these amendments are for transportation and other small expenses such as postage. Over the past several years, the board has had to consider amendments for construction expenses also. Doing amendments during the school year not only keeps the district operating within the fiscal guidelines set forth by the state, it keeps the board from having to consider all of the amendments at one time. That would be a very time consuming process.

The final amendments serve two basic purposes: 1) take care of any normal amendments that might be necessary since the August board meeting, and 2) take care of the final amendments necessary to make sure that the district has not overspent in any function. 

Tonight, the EISD Board of Trustees will meet to consider the final amendments for the 09-10 school year. The meeting will start at 7:00 and be held in the HS library. The board will also consider renovations to the baseball and softball complex and hold an closed session on personnel and students transfer requests. 

Our High School volleyball team is traveling to Edgewood this evening. The games are scheduled to start at 4:30.  

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