001the meeting of the Mount Vernon Independent School District to order. Let the record show that a quorum of board members is present, that this meeting has been duly called, and that the notice of this meeting has been posted in accordance with the Texas Open Meetings Act, Texas Government Code Chapter 551. Do I have a motion to certify the agenda? >> Motion. Motion made by Linda. Do I have a second? Seconded by Donnie. All four 70. Let me lead us in a quick word of prayer. Dear gracious heavenly father, just thank you for this day and thank you for a great start to the school year and for the safety over our district. And we just ask for your continued hand upon our school. Lead us as we make decisions um that not only impact us
002but the community. In your name we pray. Amen. Please to the flag of the United States of America and to the republic for it stands. One nation under God indivisible with liberty and justice for all. >> Honor the flag. I aliance to thee. One state one indivisible. We don't have anyone here for open comment. All right. Public hearing for the purpose of receiving input on the 2025 2026 budget and tax rate. >> All right. As presented the last board meeting, nothing has changed on how we're going to uh have our tax rate. um M tax rate will be 62.86 and our INS debt will be 27.866 and that gives us a total of 90.726 for tax rate this year almost 10 cents less than last year. >> That's great. >> Is there any questions Mr.
003All right. And I don't we don't take action on this right now. >> Just the hearing on this one. >> Okay. All right. So, we'll move on to our consent agenda. Is there a motion to approve our consent agenda? >> I'll make a motion. >> Motion made by Kyle, seconded by Kathy. Alor 7. Okay. And our action items. Um action item A, consider approved to adopt the 2025 2026 budget. >> All right, we have three budgets that we are presenting. Uh the first one that we have is our debt service budget for our bond payments. As you can see, our total revenues we're expecting to get is 6,250,855. Um our payments are 66,251,850. That is a $965 u dollar impact of fund balance. Um fund balance is close to $3 million about $2.9 million on
004our fund balance. So that's not going to affect us much at all. Um, when you're working with the uh tax assessor, you have to look at different things and it it's it gets real real hard to come down to a solid dollar amount. You're either a little bit over, a little bit under. We're okay with the 965 being that we have such a healthy fund balance in our debt service. That is the debt service budget. The next one we'll do is food service. You can see it's going to be we're looking to be a balanced budget revenues and expenditures to be $942,594 that our last budget that we have is the big one that is our general budget general operating. And I'm showing this to be a balance as well. And it's quite a bit
005different from the approved budget we had last year of $18,888,000. We ended though with a thous 1,91,90,000 of fund balance added to that. So we are now approving looking at one at 21,79,698. It is a quite a bit of a increase, but we also have the extra funding coming from the state for the teacher raises and extra security funding and things like that. >> Any questions on that? doubt about. >> Okay, there are no questions at this time. We'll take it to a vote. Do I have a motion to approve the 2025 2026 budget? >> I'll make a motion. >> Motion made by Donnie. Is there a second? >> Second. Seconded by Linda. All four. 7. Okay. Action item B. um approval or consider approval to adopt the 2025 tax rate resolution. >> And again,
006this is just the resolution that would we you uh passed to set the tax rate at 90.726 cents overall. That's all the information on that basically break down M and INS which already have. So >> all right, >> just have to pass this resolution. Is there a um motion to approve the tax rate as recommended? >> Motion motion made by Linda, second by Donnie. All four. >> Okay. >> Thank you all very much, Craig. Thank you for all your work put into that. >> Thank you for everything you do. Action item C, consider approval of raising MVISD insurance contribution for employee premiums. >> Okay, so the recommendation is going to be uh increasing the monthly contribution by $29, uh, which doesn't completely offset the increase in insurance, but it does help. Uh, that would make
007the total monthly contribution from Mount Vernon IC to be $370 per employee. Uh that is a um add to the general budget which you just approved which was a part of that budget that Craig just presented to you of $60,000 addition to the general budget over what was there last year. So it' be my recommendation to for you to approve that $29 additional each month to the insurance contribution. >> Any questions? >> All right. Is uh there a motion to approve raising the MBISD insurance contribution for the employee premiums? >> I'll make a motion to approve it. >> Motion made by Donnie, seconded by Kathy. All four. >> Okay. Thank you very much. >> It is now 5:22 p.m. and we will convene to close session for personnel matters pursuant to Texas Government Code section
008551.074 074 and to address legal concerns, implications, and questions regarding the posted agenda items pursuant to Texas government code section 551.071. We are reconvening into open session. Um, does anyone have anything else? All right, it is 6:28 p.m. This meeting is adjourned.