From Enterprise Staff
The Livingston school board heard a quarterly investment report and voted against a stipend in September’s regular school board meeting Monday.
LISD Chief Financial Officer Ben Davidson presented the quarterly investment report and annual investment policy. The beginning balance on May 31 was $34,272,448, and the ending balance on Aug. 31 was $28,861,805. The interest earned in June was $6,668, July was $6,754 and August was $6,015.
The Livingston ISD Investment Schedule reflected a beginning balance on Sept. 1, 2020, of $24,546,206 and an ending balance on Aug. 31, 2021, of $28,861,805. The interest earned over the year was $76,257 in investments. The board approved the quarterly investment report and investment schedule as presented.
Upon returning from closed session, the board voted 4-3 against a resolution to provide a one-time Covid-19 vaccination stipend for all LISD employees. The stipend would have been a $500 addition for those who received the vaccine.
The board also voted unanimously to request the State Board of Educator Certification to pursue sanctions against Rosemary Allen in accordance with law and policy.
Dr. Marcia McMahon, Texas Education Agency Lone Star Governance facilitator, discussed how she has encouraged school boards to look at basic goals and target goals to see if they are realistic, based on what has transpired over the previous 18 months. She encourages a future workshop to review and set target goals that outline the priorities of the district, as well as student outcome targets. McMahon is available to help with a survey or lead workshops virtually that would involve members of the community.
The board approved the consent agenda, which included approval of minutes from previous board meetings, the financial statement and payment of bills, overnight trips, and purchasing additional reading materials from Heinemann, Carnegie Learning, Saddleback. The reading materials would be used at all campuses grades Kindergarten through 12th for the Intervention program in the amount of $125,000.