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LISD receives financial, goal reports

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Livingston ISD LogoBy Brian Besch
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September’s meeting of the Livingston school board included a few reports — quarterly investment and House Bill 3 — Tuesday from Creekside Elementary.

Livingston ISD Chief Financial Officer Ben Davidson presented the quarterly investment report, the annual investment report, and the annual investment policy. 

The district’s beginning balance on May 31 was $37,811,347. The interest earned in June was $28,688, $49,944,83 in July, and in August was $61,167. The ending balance on Aug. 31 was $30,231,605.

The LISD Investment schedule reflected a Sept. 21 balance of $28,861,805. The amount of interest earned from Sept 1, 2021, to Aug. 31, 2022, was $233,840, resulting in the ending balance of $30,231,605. The board approved the quarterly investment and annual investment reports as presented.

Livingston ISD Superintendent Dr. Brent Hawkins offered the report on House Bill 3 goals. 

“Our planning processes with the Lone Star Governance initiative requires us to set goals under House Bill 3 as part of the law,” the superintendent said. “This is the last piece of information that you will receive until December, when you receive my self-appraisal and the annual performance report of the district in January. The House Bill 3 goals are set through 2024. Our Covid and mitigation plans were written in a way to maximize student learning and go through 2026. Our district has received historic accountability ratings from TEA and A-plus ratings in Ben Davidson’s financial area. The last year has shown the phenomenal success of our students. The Class of 2019 was the most successful as a Texas UIL Lone Star Cup top 25 school, but the class of 2022 resulted in great success in many competitions, including UIL and other extracurriculars. We are fully staffed, which is important and crucial to maintaining the focus of accelerating student learning. We currently have a 70-student increase over last year, which reflects student growth. We always put much effort ensuring that we are educating the students of Livingston and not surrounding communities.  

“In our principal T-PESS appraisals (the Texas Principal Evaluation and Support System), one of the goals requires us to track our students and show one year of progress. This requires us to use data to monitor the progress of all students each day. The trajectory we were on at the completion of our curriculum audit in 2015 showed a projection of 20 years that reflected that we would never close the learning gap in sub-populations of students. We have found that the gap is closing, which means the work that we are doing is paying off, and we will close the gap by 2026.” 

Under the consent agenda, the board approved the purchase of a Chevrolet truck from Livingston’s Premier Autoplex in the amount of $69,505.

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