5.c.
Commissioners Court Meeting
- Meeting Date:
- 07/13/2026
- Title:
- New Custodial Fund and Bank Account for LISD
- Submitted for:
- Angelica Morales
- Submitted By:
- Angelica Morales
- Department:
- Auditor
Subject:
Discussion and possible action to establish a new custodial fund for Laredo Independent School District and the creation of related bank account for the ad-valorem tax collection.
Issue: A new custodial fund is required to properly allocate the distribution of receipts for Laredo Independent School District.
Solution: Establish a separate custodial fund and bank account to account for collections on behalf of Laredo Independent School District.
Result: Proper recording of receipts for Laredo Independent School District.
Issue: A new custodial fund is required to properly allocate the distribution of receipts for Laredo Independent School District.
Solution: Establish a separate custodial fund and bank account to account for collections on behalf of Laredo Independent School District.
Result: Proper recording of receipts for Laredo Independent School District.
Background:
N/A
Previous Court Action:
N/A
Fiscal Impact
- Budget Account Number:
- n/a
- Funding Source:
- n/a
- Balance:
- 0
Financial Impact:
N/A