Sep 21, 2026 Board of Trustees

[1. Call Meeting to Order]

[00:00:03]

I CALL TO ORDER THE REGULAR MEETING OF THE FRISCO ISD BOARD OF TRUSTEES AT 5 P.M.

WE HAVE SIX TRUSTEES PRESENT. WE WILL MOVE TO AGENDA ITEM TWO CLOSED SESSION.

[2. Closed Session under Texas Government Code Chapter 551, Subchapters D and E ]

THE TIME NOW IS 5 P.M.. THE MEETING HAS BEEN RECONVENED IN OPEN SESSION.

[3. Reconvene in Open Meeting]

I CALL ON MISS LANCE, INTRODUCE THE STUDENTS WHO WILL LEAD THE PLEDGE TO THE FLAG. GOOD EVENING.

TONIGHT, TO LEAD THE PLEDGES, WE HAVE A GREAT GROUP FROM ISABEL ELEMENTARY WHO ARE STUDENTS OF ISABEL, STAFF MEMBERS AND PTA FAMILIES. THEY'RE PROUD TO SERVE AS LEADERS AND HELPERS WITHIN THE ISABEL SCHOOL COMMUNITY.

AND THESE STUDENTS DEMONSTRATE KINDNESS, RESPONSIBILITY, AND A WILLINGNESS TO SUPPORT OTHERS.

THEY CONSISTENTLY REPRESENT ISABELLE WITH BOTH WELL, BOTH ON CAMPUS AND THROUGHOUT THE COMMUNITY.

FISD IS PROUD OF THE POSITIVE EXAMPLE THEY SET AND GRATEFUL TO HAVE THEM REPRESENTING THE ISABELLE FAMILY TONIGHT.

I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS.

ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

HONOR THE TEXAS FLAG. I PLEDGE ALLEGIANCE TO THEE TEXAS.

ONE STATE, UNDER GOD, ONE INDIVISIBLE. ALL RIGHT.

ARE WE TAKING A PICTURE? YES.

THANK YOU SO MUCH. AND BOARD, FOR THE RECORD, I, I JUST WANT TO STATE THAT WE WILL BE PULLING ACTION ITEM 11.B.

ACTION ITEM 11.B, AND THEN ALSO CONSENT AGENDA ITEMS. PULLED WILL BE Y THROUGH BB. Y THROUGH BB. THAT'S 12.

YES WE DO. I CALL ON [INAUDIBLE] REVIEW OF PUBLIC COMMENT PROCEDURES.

[5. Communication to and from the Board including Public Comments]

THE BOARD WELCOMES COMMENTS REGARDING AGENDA ITEMS FROM INDIVIDUALS WHO HAVE COMPLETED PUBLIC COMMENT FORMS THIS EVENING, WHICH ARE ACCEPTED UNTIL THE BEGINNING OF THE OPEN MEETING AND ARE NOT TRANSFERABLE TO OTHER SPEAKERS.

PLEASE BE ADVISED THAT THE INFORMATION SHARED IN PUBLIC COMMENT IS NOT AN ENDORSEMENT OF THE INFORMATION SHARED BY THE PRESENTER, AND SOLELY PROVIDES THE OPINION OF THE INDIVIDUAL SPEAKER, NOT THE DISTRICT.

DURING THE PUBLIC COMMENT PERIOD, COMMENTS SHOULD BE DIRECTED TO THE BOARD OF TRUSTEES ONLY, NOT OTHER ATTENDEES, AND ONLY MADE ONCE YOU HAVE BEEN CALLED UPON TO SPEAK TO ENSURE THAT ALL SPEAKERS ARE TREATED EQUALLY AND HAVE THE SAME AMOUNT OF TIME, THE PODIUM MICROPHONE WILL BE TURNED OFF AT THE CONCLUSION OF THE TIME FOR EVERY SPEAKER.

PLEASE KEEP ALL PUBLIC COMMENTS RELATED TO SCHOOL DISTRICT GOVERNANCE AND OPERATIONS.

IF YOU HAVE A SPECIFIC CONCERN RELATED TO AN EMPLOYEE OF THE DISTRICT OR A SPECIFIC STUDENT ISSUE, YOU ARE ENCOURAGED TO UTILIZE THE DISTRICT'S GRIEVANCE PROCEDURES PROVIDED IN BOARD POLICIES DGBA LOCAL, FNG LOCAL AND GF LOCAL. GRIEVANCE PROCEDURE ALLOWS FOR AN INDIVIDUAL TO REDRESS GRIEVANCES WITH THE BOARD OF TRUSTEES. ADDITIONALLY, IF THERE ARE FIVE OR MORE INDIVIDUALS THAT WOULD LIKE TO SPEAK ON THE SAME TOPIC, YOU MAY CHOOSE TO APPOINT AN INDIVIDUAL TO SPEAK ON BEHALF OF THE GROUP.

[00:05:05]

IF YOU WISH TO PROVIDE PUBLIC COMMENT ON AN ITEM THAT IS NOT ON THIS MONTH'S, THIS MEETING'S AGENDA, PLEASE JOIN US FOR OUR NEXT COMMUNITY INPUT MEETING.

THE FIRST PORTION OF OUR PUBLIC COMMENT SESSION IS STAKEHOLDER TESTIMONY, WHEN THE BOARD WILL HEAR FROM PARENTS OF FRISCO ISD STUDENTS, FRISCO ISD EMPLOYEES AND STUDENTS AND OTHER FRISCO ISD RESIDENTS.

ALL INDIVIDUALS ARE REQUIRED TO PROVIDE A FULL NAME, HOME ADDRESS WHEN SIGNING UP TO SPEAK.

IF YOU ARE UNABLE TO VERIFY AN INDIVIDUAL'S STATUS AS A STAKEHOLDER BASED ON THE INFORMATION PROVIDED, THE INDIVIDUAL WILL BE CALLED UPON TO SPEAK DURING PUBLIC TESTIMONY.

PRESIDENT MADDOX. THANK YOU TRUSTEE DAVIS. AND LOOKS LIKE WE ONLY HAVE ONE SPEAKER TODAY, MR. PAUL JENSEN. PLEASE COME FORWARD.

LET ME SAY IT'S ALWAYS A PLEASURE TO SEE YOU HERE, MR. JENSEN. AYE MY PLEASURE TO BE HERE.

THANK YOU. MR. JENSEN WILL BE SPEAKING TO CONSIDERATION ACT ON BUDGET TRANSFER AND AMENDMENTS FOR THE 26-27 GENERAL FUND AND CHILD NUTRITION FUND.

ARE YOU READY, MR. JENSEN? I JUST HAD TO PICK SOMEONE.

THAT'S WHAT I USUALLY DO. I DON'T KNOW WHAT MOST OF THEM MEAN.

HEY, I GOT A QUESTION FOR YOU THAT DOES GO WITH THIS, ACTUALLY.

IS IT TO THE AGENDA ITEM? WELL, IT'S A PROCEDURAL THING FOR SIGNING UP ON THESE THINGS.

AND I WAS GOING TO RECOMMEND THE TABLE THAT YOU HAVE OUT THERE FOR US TO USE.

THE COMPUTER MAKES US BEND WAY DOWN, AND WE USED TO HAVE A HIGHER TABLE.

IF THAT COULD BE CHANGED, THAT WOULD BE GREAT.

AND THEN IF THE PRINT ON THE SCREEN, WHICH IS FOR THE RECORD, MR. JENSEN, I WILL JUST LET YOU KNOW YOUR CLOCK HAS STARTED. OH YEAH. OKAY. NOT A PROBLEM. SO A HIGHER TABLE BECAUSE IN THE HIGHER TABLE HAD BEEN WAY OVER.

AND THEN I HAVE TO SQUINT BECAUSE THE PRINT IS SO DARK, IT'S SO LIGHT.

SO IF THE TABLE COULD BE HIGHER AND THE PRINT COULD BE DARKER, THAT WOULD BE GREAT.

AND I DIDN'T KNOW WHERE TO PUT THAT ON THE BUDGET, SO I JUST THOUGHT I WOULD JUST PICK ONE.

AND I LOOKED AT, OH, OCTOBER 5TH IS THE COMMUNITY INPUT ONE.

SO I THINK I'LL SAVE IT FOR THAT BECAUSE I DIDN'T WANT, I DON'T WANT TO STRETCH THE MEETING OUT FOR ALL THE FOLKS THAT ARE HERE.

SO I'M DONE. YOU'RE DONE. BUT IT'S GOOD TO SEE YOU ALL, I APPRECIATE IT.

GOOD TO SEE YOU AS WELL. AND YOU, THANK YOU. TABLE.

THANK YOU SIR. BOARD WILL NOW MOVE THE BOARD REPORT.

[6. Board Report]

I ATTENDED THE LEADERSHIP FRISCO CLASS 30 KICK OFF WITH THE BOARD.

I AM A LEADERSHIP FRISCO ALUMNI CLASS 20 AND I THEN PARTICIPATED IN THE SHAWNEE TRAIL COWBOY DAY CELEBRATING 125 YEARS OF FRISCO AND COMMUNITY'S RICH HISTORY.

I SERVED ON THE TAX INCREMENT REINVESTMENT ZONE NUMBER ONE COMMITTEE, ATTENDED THE READ LEADERSHIP CONFERENCE HOSTED BY FRISCO CHAMBER, FEATURING OUR VERY OWN PETE HAZARD AND DAN CATHY AS SPEAKERS.

THEN I ATTENDED THE 9/11 REMEMBRANCE CEREMONIES AT FRISCO COMMONS AND LEBANON TRAIL HIGH SCHOOL, WHERE THE NAVY JUNIOR ROTC CONDUCTED A MOVING CEREMONY.

IT WAS INSPIRING FOR ME TO SEE OUR STUDENTS LEAD WITH REMEMBRANCE, WITH THE VETERANS IN ATTENDANCE, AND THEY DEMONSTRATED SO MUCH SUPPORT FOR OUR STUDENTS.

I ALSO ATTENDED THE FISD MENTOR KICKOFF HOSTED BY RANDALL FORD OUR DISTRICT STUDENT MENTORING COORDINATOR.

I AM PROUD TO SERVE AS A MENTOR, AND I ENCOURAGE OTHERS IN THE COMMUNITY TO CONSIDER BECOMING ONE.

THE OPPORTUNITY TO INVEST IN A STUDENT'S LIFE IS INCREDIBLY MEANINGFUL.

I HAD THE HONOR OF SERVING AS HONORARY CAPTAIN FOR PANTHER CREEK HIGH SCHOOL, AND I ATTENDED ONE OF THE HEARTS OF GOVERNANCE, THE POLICY COMMITTEE, TO ENSURE WE ARE IN COMPLIANCE WITH ALL GOVERNMENT CHANGES.

AS CHAIR OF THE TECHNOLOGY COMMITTEE, WE MET WITH SHERYL MCDONALD AND HER TEAM TO REVIEW THE CURRENT STATE OF TECHNOLOGY ACROSS THE DISTRICT.

AS SOMEONE WHO WORKS IN IT, I CONTINUE TO BE AMAZED AT WHAT THIS RELATIVELY SMALL TEAM ACCOMPLISHES BY

[00:10:04]

SO THANK YOU, CHERYL AND YOUR TEAM. THE COMMUNICATIONS COMMITTEE MET TO DISCUSS HOW WE CAN CONTINUE EVOLVING OUR APPROACH AND ENSURING OUR COMMUNICATIONS REMAIN RELEVANT AND EFFECTIVE.

AND IT'S REFRESHING TO BRING A NEW PERSPECTIVE TO HOW WE CONNECT WITH OUR COMMUNITY.

AND THANK YOU, DOCTOR FIORI FOR SCHEDULING THE TOURS OF ASHLEY AND SCOTT ELEMENTARY.

THANK YOU. TRUSTEE DAVIS. THANK YOU PRESIDENT MADDOX.

I DID WANT TO SHARE THAT I HAD AN OPPORTUNITY TO SIT ON A PANEL ALONGSIDE DOCTOR FOUCHE, PAGE HOLZ AND PHILIP POTTER, AS WELL AS ONE OF OUR LEBANON TRAIL BAND MEMBERS DURING THE STATE OF THE ARTS.

AND I REALLY ENJOYED THIS OPPORTUNITY TO SPEAK AND SHARE MY HEART ONE AS A FINE ARTS MOM, AS WELL AS A MEMBER OF OUR BOARD TO JUST DISCUSS OUR PERSPECTIVE OR HOW WE ALIGN WITH THE ARTS PROGRAM THAT WE HAVE WITHIN FRISCO ISD.

AND SO IT WAS A LOVELY OCCASION. WE HAD AN OPPORTUNITY TO SPEAK FOR ABOUT 30 MINUTES AND I REALLY ENJOYED IT.

THANK YOU TO MR. HAZARD FOR AFFORDING ME THE OPPORTUNITY TO COME AND SHARE MY HEART.

THANK YOU. YEAH. LIKE RENEE SAID, LIKE, YEAH, IT'S A BUSY SEPTEMBER, SEPTEMBER MONTH WITH A LOT OF EVENTS.

LIKE FIRST BEFORE GOING TO THE EVENTS, I WOULD LIKE TO CONGRATULATE ALL THE 100 AND 120 STUDENTS WHO GOT NAMED FOR THE NATIONAL MERIT SEMIFINALIST. SO I'M PROUD TO SAY LIKE WE ARE THE HIGHEST.

THIS IS THE HIGHEST NUMBER OF SEMIFINALISTS AMONG ALL THE SCHOOL DISTRICTS IN TEXAS.

AND CONGRATULATIONS TO ALL THE STUDENTS AND THEIR PARENTS AND THE TEACHERS AND PLUS OUR DOCTOR CUNNINGHAM AND THE TEAM.

THANK YOU. AND COMING BACK TO THE, THE EVENT SIDE THE FIRST, I MEAN, WE STARTED WITH THE INCUBATOR, THE BREAKFAST FOR THE VOLUNTEER BREAKFAST. IT'S A GREAT PARTICIPATION AND THANKS TO FRISCO EDUCATION FOUNDATION FOR VOLUNTEERING ORGANIZING THIS EVENT TO BRING IN A LOT OF PEOPLE TO VOLUNTEER FOR THE INCUBATOR PROGRAM.

AND, AND I HAPPEN TO ATTEND THE ONE OF THE THE INITIAL CLASS, THE INCUBATOR CLASS STUDENTS AT CENTRAL HIGH SCHOOL WITH MR.. TOMMY THOMPSON. AND I LISTEN TO SOME OF THE BUSINESS IDEAS BECAUSE IT'S JUST THERE AT THE INITIAL STAGE AND I DID SOME FEW ADVICES TO THEM, BUT THEY'RE STILL IN THE INITIAL STAGE, BRINGING UP SOME IDEAS ONTO THE TABLE AND AND THEN LIKE, YOU KNOW LIKE WITH RENEE AND THEN THE OTHER TRUSTEES, I ATTENDED THE 9/11 REMEMBRANCE AT FRISCO COMMONS ORGANIZED BY THE CITY OF FRISCO AND FOLLOWED BY THE, OUR OWN ROTC STUDENTS AT LEBANON TRAIL HIGH SCHOOL ON THE SAME DAY.

AND. AND ALSO I HAD THE HONOR TO SERVE AS THE HONORARY CAPTAIN FOR MEMORIAL HIGH SCHOOL AND INDEPENDENCE HIGH SCHOOL GAME AT THE FRISCO STAR. AND THANKS TO THE ALL THE ATHLETIC DIRECTORS LIKE INCLUDING CHRIS AND DEIRDRE AND ALSO ALL THE PRINCIPALS AND COACHES FROM BOTH HIGH SCHOOLS AND ALSO ATTENDED THE RED CONFERENCE ORGANIZED BY THE FRISCO CHAMBER OF COMMERCE. AND ALSO I HAPPEN TO ATTEND THE, THE CLASS OF LEADERSHIP FRISCO CLASS OF 30 STUDENTS AS WELL. SO THAT'S ALL. THANK YOU. CHAIR SALAS.

I'M SORRY. TRUSTEE. YES. OKAY. IT HAS BEEN A BUSY TIME SINCE WE LAST SAW EACH OTHER.

SO I JUST WANT TO START OFF WITH JUST GRATEFUL FOR THE FRISCO CHAMBER.

THEY HAD INVITED US TO ATTEND THE GOVERNMENT RELATIONS BOOT CAMP WITH REPRESENTATIVE CHARISSA RICHARDSON, SO IT WAS GOOD TO HEAR HER UPDATE AS WELL AS WE WERE ALSO INVITED TO GO AND SEE THE SNEAK PEAK OF TOYOTA STADIUM.

FOR THOSE WHO'VE ALREADY BEEN THERE, IT'S AMAZING.

IF YOU HAVEN'T BEEN THERE, YOU NEED TO GET THERE. BUT IT WAS, IT WAS, IT WAS A GREAT TIME.

SPARKS ELEMENTARY. THANK YOU. THE PRINCIPAL, MISS SINCLAIR SHE INVITED ME TO GO AND READ TO THE KINDERGARTNERS

[00:15:05]

LET'S SEE. I WAS ALSO THANK YOU AGAIN TO THE STAFF FOR NICK SHARP AND ALL OF THE ATHLETIC DIRECTORS AND ALL THE COACHES AND PRINCIPALS.

I WAS THE HONORARY CAPTAIN FOR THE MEMORIAL HIGH SCHOOL AND LEBANON TRAIL GAME, AS WELL AS THE REEDY HIGH AND WALNUT GROVE GAME AS WELL. AND THEN I ATTENDED THIS LAST SATURDAY, THE 17TH ANNUAL SHAWNEE TRAIL COWBOY DAY WITH MY FELLOW TRUSTEES.

THANK YOU, TRUSTEE SALAS. IT HAS CERTAINLY BEEN BUSY AND I DID ATTEND SOME OF THE THINGS ALREADY MENTIONED.

I WILL SKIP MENTIONING THEM BECAUSE I HAVE A LOT TO SAY, AND I KNOW WE'VE BEEN TALKING FOR A WHILE.

SO LAST WEEK I GOT TO ATTEND THE STATE OF EDUCATION IN THE MCKINNEY ISD, WHERE I GOT TO WATCH OUR VERY OWN DOCTOR FOUCHE SUPERINTENDENT SIT ON A PANEL WITH MCKINNEY'S SUPERINTENDENT, AND IT WAS REALLY NEAT TO HEAR HOW OUR NEIGHBORING DISTRICTS, WHAT THEY ARE, YOU KNOW, WHAT THEY'RE EXPERIENCING, HOW THEY'RE BEING SUCCESSFUL, ALSO WHAT SOME OF THEIR CHALLENGES WERE. THAT WAS A REAL TREAT.

THE INCUBATOR BREAKFAST I WAS AT WITH MR. MANDUVA AND I LOVE THAT PROGRAM.

AND IT'S NICE TO SEE THAT OUR COMMUNITY MEMBERS COME OUT AND SUPPORT OUR STUDENTS IN THAT PROGRAM.

THE LEBANON TRAILS JUNIOR ROTC PROGRAM THAT WE SAW ON THE 9/11 MORNING WAS SOMETHING REALLY MEMORABLE FOR ME, BECAUSE I REMEMBER SITTING IN THE AUDIENCE BEFORE FRISCO HAD THAT PROGRAM.

I REMEMBER COMMUNITY MEMBERS ADVOCATING TO ADD THAT PROGRAM.

SO TO BE THERE AND SEE THOSE STUDENTS JUST REALLY PRESENTING WAS REALLY NICE AND IT REALLY FILLED MY HEART.

AND SO I JUST WANTED TO REALLY PUT WORDS TO THAT.

AND THAT'S ALL. THANK YOU. AND SO LET ME JUST CLOSE AND ADD THAT I HAD AN OPPORTUNITY TO VISIT SHAWNEE TRAIL AND EARLY CHILDHOOD SCHOOL, AND I CAN'T TELL YOU HOW IMPRESSED I WAS WITH BOTH CAMPUSES.

IT WAS, THANKS, DOCTOR CUNNINGHAM. AND HAPPY BELATED BIRTHDAY TO YOU YESTERDAY.

SO YEAH. BUT THE WORK THAT IS BEING DONE AT BOTH OF THESE CAMPUSES, I WOULD TRULY ENCOURAGE TRUSTEES.

YOU HAVE AN OPPORTUNITY TO GO OUT THERE, PARTICULARLY THE EARLY CHILDHOOD SCHOOL. I COULD HAVE STAYED OUT THERE ALL DAY. I DON'T KNOW IF PEOPLE REALIZE IN FRISCO THE VALUE AND THE ADVANTAGE WE HAVE WITH THE CENTER AND WHAT THEY'RE DOING WITH THREE AND FOUR YEAR OLDS.

AND WE HAD KIDS THAT WERE SPELLING AND WRITING ON THE BOARD, WORDS THAT I KNOW I DIDN'T GRASP UNTIL I WAS OLDER THAN THEY WERE.

SO BUT THEY WERE JUST TREMENDOUS. THE SHAWNEE TRAIL GUARANTEE THAT THEY HAVE, IT'S ANOTHER PROCESS THEY'RE USING TO BRING THEIR KIDS UP TO SPEED. SO JUST TOTALLY IMPRESSED WITH THAT. AND THANK YOU AGAIN, DOCTOR CUNNINGHAM FOR GOING OUT.

AND SO YOU'RE OUT THERE LISTENING. PLEASE INVITE US. GLAD TO COME OUT AND VISIT WITH YOU.

TOTALLY ENJOYED THAT. SO THANK YOU SO MUCH. MOVING FORWARD, WE DON'T HAVE ANY COMMITTEE RELATIONS INPUT,

[8. Invocation]

PLEASE BOW YOUR HEADS AND JOIN ME IN A MOMENT OF SILENCE IN RECOGNITION OF EVERY FAITH THAT IS REPRESENTED IN FRISCO ISD.

FATHER, THANK YOU FOR EVERY SEAT THAT HAS BEEN FILLED HERE TODAY.

FOR EACH MIND AND HEART THAT FILLS THE PRESENCE OF THIS ROOM, WE THANK YOU.

ONLY YOU TRULY KNOW WHAT WE ARE SETTING OUT TO ACCOMPLISH TODAY.

WE HAVE AN IDEA, A VISION, HINTS AND DAILY INSTRUCTIONS.

WE HAVE TALENTS, ABILITIES, AND TIME TO WORK.

HOWEVER, ONLY YOU CAN SEE IN PERFECT DETAIL THE END OF EVERY BEGINNING.

EVERY PROJECT, EVERY SEASON. EVERY LIFE. NOTHING IS EVER IN VAIN.

FOR EVEN MISTAKES AND MISSTEPS ARE USED FOR GOOD.

STRENGTHEN OUR CONFIDENCE IN WHO YOU HAVE MADE US TO BE.

BLESS THIS MEETING TODAY. ALL THOSE PRESENT AS WELL AS THE LIVES OF THOSE WE WILL ENCOUNTER AFTERWARD, READY US TO MAKE EVERY MOMENT COUNT. AMEN. THANK YOU, TRUSTEE DAVIS.

WE'LL NOW MOVE TO AGENDA ITEM NUMBER NINE. MISS SMITH TO PRESENT ON THE 25-26 FIRST PUBLIC HEARING.

[9. Discussion regarding 2025-26 FIRST Public Hearing]

AND SO TONIGHT IS THAT PUBLIC HEARING. I'M GOING TO BE FAIRLY QUICKLY GOING OVER THE 2025 2026 FIRST RATING FROM TEA. THE GOAL OF THE FIRST SYSTEM WAS TO PROVIDE TRANSPARENCY TO PUBLIC EDUCATION,

[00:20:03]

ONE THING THAT I WANT TO MAKE SURE THAT YOU ARE ALL AWARE OF IS THAT OUR 2025 2026 RATING IS BASED ON FISCAL YEAR 2025 FINANCIAL DATA.

SO THIS IS DATA THAT'S A YEAR OLD AT THIS POINT.

THEY WAIT UNTIL IT'S AUDITED AND SUBMITTED TO THE STATE, AND THEN IT'S ASSESSED FOR THE ACCOUNTABILITY RATING.

WITHIN THIS RATING SYSTEM, THERE ARE 21 TOTAL INDICATORS.

FOUR OF THOSE INDICATORS ARE CONSIDERED CRITICAL, MEANING YOU HAVE TO PASS THOSE IN ORDER TO PASS THE SYSTEM AS A WHOLE.

SIX OF THOSE INDICATORS ARE CONSIDERED CEILING INDICATORS.

MEANING IF YOU DON'T MEET A CERTAIN THRESHOLD, THEN YOUR LETTER GRADE IN YOUR ACCOUNT FINANCIAL ACCOUNTABILITY RATING CAN BE KNOCKED DOWN EITHER 1 OR 2 LETTER GRADES. AND THERE ARE 100 POSSIBLE POINTS.

THIS IS JUST A STATEWIDE SUMMARY OF RESULTS. SO YOU CAN SEE WHERE DISTRICTS ACROSS THE STATE KIND OF SHAKE OUT.

ABOUT 82% OF DISTRICTS ACROSS THE STATE RECEIVE AN A RATING.

AND YOU CAN SEE HOW THAT HAS SHIFTED FROM LAST YEAR TO THIS YEAR WITH A FEW MORE DISTRICTS ACROSS THE STATE EARNING B'S THIS YEAR AND A FEW LESS EARNING A'S. SO NOW I'M GOING TO GO THROUGH EACH INDICATOR AND I'M GOING TO GO THROUGH THESE PRETTY QUICKLY.

SO IF YOU HAVE A QUESTION ABOUT ONE, FEEL FREE TO INTERRUPT ME AND STOP ME.

THE FIRST FOUR INDICATORS ARE CRITICAL INDICATORS.

AGAIN YOU HAVE TO PASS THESE IN ORDER TO PASS THE SYSTEM.

THESE ARE FAIRLY LOW BARS. THE FIRST QUESTION ASKS WHETHER OUR ANNUAL FINANCIAL REPORT WAS FILED ON TIME.

SO IT WAS AND WE PASSED. SECOND QUESTION ASKS WHETHER THE AUDITORS HAD AN UNMODIFIED OPINION ON OUR ANNUAL FINANCIAL STATEMENTS.

THAT JUST MEANS THAT THERE WERE NO INDICATIONS OF FINANCIAL MISMANAGEMENT, MATERIAL ERRORS OR POOR CONTROLS.

THE AUDITORS HAD AN UNMODIFIED OPINION, WHICH IS A CLEAN OPINION.

SO WE PASSED. INDICATOR THREE ASKS WHETHER WE MADE ALL OF OUR REQUIRED DEBT SERVICE PAYMENTS ON TIME.

WE DID. SO WE PASSED. INDICATOR FOUR ASKS WHETHER ALL PAYMENTS TO OTHER GOVERNMENTS WERE MADE WITHIN 30 DAYS, AND THEY WERE. SO WE PASSED. THE NEXT SECTION OF INDICATORS ARE CONSIDERED SOLVENCY INDICATORS.

INDICATOR FIVE ASKS WHETHER OUR TOTAL ASSETS EXCEEDED OUR TOTAL LIABILITIES FOR THE DISTRICT AS A WHOLE FOR THE 2025 FISCAL YEAR.

THEY DID. AND SO WE PASSED AND WE MET THE CEILING.

SIX ASKS WHETHER OUR FUND BALANCE IS DECLINING TOO QUICKLY, AND IF IT IS DECLINING, WHETHER THERE'S SUFFICIENT FUND BALANCE TO OPERATE FOR AT LEAST 75 DAYS OF THE FISCAL YEAR. THIS LOOKS AT A ROLLING THREE YEARS.

SO OUR, WE DID NOT EXPERIENCE A DECREASE IN FUND BALANCE OVER THAT LAST THREE YEAR PERIOD.

SO WE PASSED THIS INDICATOR. SEVEN MEASURES HOW LONG IN DAYS AFTER THE END OF OUR FISCAL YEAR COULD WE CONTINUE TO PAY BILLS WITHOUT RECEIVING NEW REVENUE? THIS IS IMPORTANT BECAUSE STATE AID DOESN'T START COMING IN UNTIL SEPTEMBER OR OCTOBER, AND WE DON'T START RECEIVING MEANINGFUL TAX REVENUE UNTIL DECEMBER AND JANUARY.

SO WE NEED TO HAVE ENOUGH CASH ON HAND TO PAY BILLS IN THOSE FIRST COUPLE OF MONTHS OF THE FISCAL YEAR.

YOU NEED AT LEAST 90 DAYS CASH ON HAND FOR A DISTRICT OUR SIZE TO RECEIVE RECEIVE A TEN SCORE OF TEN HERE.

WE HAD 174 DAYS CASH ON HAND, SO WE MORE THAN MET THIS ONE.

INDICATOR EIGHT MEASURES WHETHER WE HAD SUFFICIENT SHORT TERM ASSETS AT THE END OF THE YEAR TO PAY OFF OUR SHORT TERM LIABILITIES.

YOU NEED A SCORE OF, A RATIO OF THREE OR BETTER TO GET TEN POINTS.

YOU CAN SEE OURS WAS 3.13 WHICH WAS SLIGHTLY DOWN FROM LAST YEAR, BUT WE STILL RECEIVED A TEN.

INDICATOR NINE ASKS WHETHER ESSENTIALLY WHETHER WE SPENT MORE THAN WE EARNED.

AND IF WE DID SPEND MORE THAN WE EARNED, OR IN THE YEAR IN A DEFICIT, DID WE STILL HAVE ENOUGH CASH ON HAND TO OPERATE FOR AT LEAST 60 DAYS? WE ALREADY TALKED ABOUT HOW MUCH CASH ON HAND WE HAD AT THE END OF THE FISCAL YEAR.

BUT IN ADDITION TO THAT WE DID NOT END THE 2025 FISCAL YEAR IN A DEFICIT.

SO WE GOT TEN POINTS FOR THIS ONE. INDICATOR TEN MEASURES HOW ACCURATELY WE FORECASTED OUR REVENUE.

AND SO THIS COMPARES OUR BUDGETED REVENUE THAT WE SUBMIT TO TEA THROUGH PEIMS TO OUR ACTUAL REVENUE.

OUR THREE YEAR VARIANCE WAS 2.4%. WE NEED LESS THAN A 10% VARIANCE IN ORDER TO GET THE TEN POINTS HERE.

SO WE WERE WELL UNDER THAT. INDICATOR 11 ASKS IF OUR LONG TERM LIABILITIES TO TOTAL ASSETS

[00:25:05]

SO THIS IS ESSENTIALLY LIKE ASKING SOMEONE IF YOUR MORTGAGE EXCEEDS THE MARKET VALUE OF YOUR HOME.

THIS INDICATOR DOES RECOGNIZE THAT FAST GROWTH DISTRICTS INCUR ADDITIONAL OPERATING COSTS TO OPEN NEW INSTRUCTIONAL CAMPUSES.

AND SO, AND IT ALSO RECOGNIZES THAT WHILE YOUR FAST GROWTH FOR A PERIOD OF TIME YOU'RE GOING TO HAVE THESE RATIOS ARE GOING TO BE LOWER.

SO IT GIVES YOU A PASS IF YOUR FIVE YEAR GROWTH IS GREATER THAN 1000 STUDENTS.

SO YOU CAN SEE HERE, OUR RATIO WOULD PUT US AT A FOUR FOR THIS CRITERIA.

HOWEVER IF YOU LOOK AT OUR GROWTH OVER THE LAST FIVE YEARS, WE GREW BY JUST UNDER 1800 STUDENTS, WHICH IS GREATER THAN 1000. SO WE GET TEN FOR THIS ONE.

I WILL TELL YOU THAT ROLLING FORWARD THESE SCORES FOR THE 2026 FISCAL YEAR, OUR, OUR GROWTH FOR THAT ROLLING FIVE YEARS WILL NO LONGER HIT THAT THRESHOLD. SO WE LIKELY WILL GET A FOUR ON THIS ONE NEXT YEAR.

INDICATOR 12 LOOKS AT OUR ABILITY TO MAKE DEBT PRINCIPAL AND INTEREST PAYMENTS.

THIS IS ESSENTIALLY LOOKING AT OUR TOTAL TAXABLE VALUE IN THE DISTRICT AND COMPARES THAT TO OUR FUTURE DEBT PAYMENTS.

WE SCORED A TEN ON THIS ONE. WE NEEDED TO HAVE THAT RATIO BE LESS THAN OR EQUAL TO FOUR.

AND OURS WAS 3.4 DOWN A LITTLE BIT FROM THE PREVIOUS YEAR.

AND WITH THE DEBT, THE WORK THAT WE HAVE DONE TO LOWER OUR TOTAL DEBT AND PAY OFF SOME DEBT EARLY, THAT WILL CONTINUE TO GO DOWN SLIGHTLY. INDICATOR 13 WAS NOT EVALUATED FOR THIS FISCAL YEAR.

ALL DISTRICTS ACROSS THE STATE RECEIVED TEN POINTS.

BUT THIS ONE LOOKS AT OUR ADMINISTRATIVE COST RATIO.

THE REASON THIS ONE WASN'T EVALUATED IS BECAUSE THEY ACTUALLY MADE CHANGES TO THAT RATIO CALCULATION.

AND I THINK MAYBE IT IMPACTED SOME DISTRICTS ACROSS THE STATE DIFFERENTLY THAN THEY EXPECTED IT TO.

SO THEY JUST, THAT HAPPENS FROM TIME TO TIME WHEN THEY MAKE CHANGES TO THE SYSTEM.

SO THEY CHOSE NOT TO EVALUATE THIS ONE AND JUST AWARD EVERYBODY THE TEN POINTS.

HOWEVER, I DID WANT YOU GUYS TO SEE WHAT OUR RATIO WOULD HAVE LOOKED LIKE USING THEIR NEW METHODOLOGY.

AND YOU CAN SEE IT IS WELL BELOW THE 8.55% REQUIRED TO GET TEN POINTS.

OURS WAS 4.3% USING THAT METHODOLOGY. INDICATOR 14 ASKS IF OUR IF OUR ENROLLMENT IS DECLINING, DID THE NUMBER OF STAFF DECLINE PROPORTIONATELY? SO WHAT IT LOOKS LIKE WHAT IT LOOKS AT IS YOUR STUDENT TO STAFF RATIO AND THEY WANT YOU.

THEY WANT THAT RATIO TO NOT DECLINE BY MORE THAN 15%, BECAUSE THAT WOULD INDICATE THAT YOU'RE NOT REDUCING STAFF PROPORTIONATELY TO THE REDUCTION IN YOUR STUDENT BODY. OUR STUDENT TO STAFF RATIO DECLINED BY 4.3% DURING THAT TIME PERIOD, WHICH IS WELL UNDER THE 15% THRESHOLD. SO WE GOT A TEN ON THIS ONE.

ALL RIGHT. THE NEXT OR LAST SECTION OF INDICATORS ARE CONSIDERED FINANCIAL COMPETENCE INDICATORS.

INDICATOR 15 ASKS HOW WELL WE PROJECTED AVERAGE DAILY ATTENDANCE AT THE START OF THE BIENNIUM.

SO BEFORE EACH LEGISLATIVE SESSION, WE ARE REQUIRED TO SUBMIT TO TEA OUR PROJECTIONS FOR AVERAGE DAILY ATTENDANCE FOR THE NEXT TWO YEARS.

THE STATE AND LEGISLATIVE BUDGET BOARD THEN USE THOSE PROJECTIONS TO LOOK AT ANY CHANGES TO THE SCHOOL FUNDING FORMULA OR ANYTHING LIKE THAT.

AND THEY HELP, IT HELPS TEA PROJECT OUT WHAT OUR STATE AID PAYMENTS MIGHT BE OVER THE NEXT BIENNIUM, SO THE STATE CAN SET THEIR BUDGET. SO THEY WANT US TO BE AS ACCURATE AS WE CAN WITH THOSE FORECASTS.

THEY WANT OUR FOR A DISTRICT OUR SIZE, THEY WANT THAT VARIANCE TO BE NO GREATER THAN 7%.

OURS WAS 5.8% IN VARIANCE. WHICH IS ACTUALLY PRETTY GOOD CONSIDERING WE DECLINED OVER THAT PERIOD BY MORE THAN WE EXPECTED TO, RIGHT? SO WE GOT A FIVE FOR THIS ONE. INDICATOR 16 MEASURES THE QUALITY OF DATA THAT WE REPORT TO PEIMS. THIS IS THE FINANCIAL DATA THAT WE REPORT. THEY WANT US TO HAVE NO MORE THAN A 3% VARIANCE.

WE HAD NO VARIANCE IN THE DATA THAT WE REPORTED TO PEIMS. MEANING WE REPORTED THE SAME THING TO THE PUBLIC THAT WE REPORTED THROUGH THE STATE SYSTEM. INDICATOR 17 ASKS WHETHER OUR AUDIT WAS FREE OF ANY INSTANCES OF MATERIAL WEAKNESSES IN INTERNAL CONTROLS OR COMPLIANCE, OR ISSUES OF NONCOMPLIANCE. AND SO WE, OUR AUDITORS, FOUND NO MATERIAL WEAKNESSES OR SIGNIFICANT DEFICIENCIES IN OUR INTERNAL CONTROLS.

AND THEY FOUND NO INSTANCES OF MATERIAL NONCOMPLIANCE IN OUR FINANCIAL STATEMENTS.

SO WE PASSED THIS ONE. INDICATOR 18 ASKS WHETHER OUR AUDITORS FOUND THAT WE COMPLIED WITH ALL APPLICABLE LAWS,

[00:30:05]

AND THEY DID. SO WE GOT TEN ON THIS ONE. 19 ASKS WHETHER WE COMPLIED WITH LEGAL REQUIREMENTS TO TO POST FINANCIAL TRANSPARENCY INFORMATION ON OUR WEBSITE. AND WE DID.

20 MEASURES WHETHER YOU ALL HAD THE OPPORTUNITY TO DISCUSS THE DISTRICT'S REVENUE OUTLOOK PRIOR TO THE BUDGET PROPOSAL, AND WE HAVE A SERIES OF BUDGET WORKSHOPS IN EVERY SPRING.

SO YOU ALL HAD AMPLE OPPORTUNITY TO DISCUSS THAT.

AND THEN 21 DETERMINES WHETHER IF WE RECEIVED TOO MUCH STATE AID BECAUSE THE PROJECTIONS FOR THE STATE WERE OFF.

DID WE HAVE TO ASK THE STATE FOR A REPAYMENT PLAN TO PAY IT BACK? WE DID NOT HAVE TO ASK THE STATE FOR A REPAYMENT PLAN TO PAY IT BACK.

SO WE PASSED THIS ONE. SO HERE'S HOW WE SUMMED UP.

WE RECEIVED 100 OUT OF 100 POINTS. WE PASSED ALL OF OUR CEILINGS AND ALL OF OUR CRITICAL INDICATORS.

SO WE RECEIVED AN A FINANCIAL RATING. THANK YOU.

THERE ARE A COUPLE OF OTHER REQUIRED DISCLOSURES AS PART OF THIS FIRST SYSTEM.

THE TWO THAT ARE LINKED HERE AND THIS THIS PRESENTATION WILL BE MADE PUBLIC SO ANYONE CAN ACCESS THESE.

THE SUPERINTENDENT'S CURRENT EMPLOYMENT CONTRACT.

AND THEN A SUMMARY OF REIMBURSEMENTS RECEIVED BY THE SUPERINTENDENT AND BOARD FOR THE 2025 FISCAL YEAR.

THOSE ARE BOTH LINKED HERE. THERE ARE SOME OTHER REPORTS THAT ARE NOT APPLICABLE TO FRISCO ISD FOR FISCAL YEAR 25.

WE DIDN'T HAVE ANY DATA TO REPORT FOR THOSE. AND THEN LASTLY, JUST A QUICK PREVIEW FOR NEXT YEAR'S FIRST READING.

THIS IS BASED ON UNAUDITED FINANCIAL DATA, BUT I JUST WANTED TO GIVE YOU A QUICK LOOK AT WHERE WE EXPECT TO END UP BASED ON PRELIMINARY INFORMATION FOR THE CLOSE OF THE 2026 FISCAL YEAR. YOU CAN SEE I EXPECT THAT WE MAY GO DOWN A COUPLE OF POINTS IN INDICATOR EIGHT.

AND THEN ALSO AN INDICATOR 11. THAT'S THE ONE I MENTIONED TO YOU BEFORE THAT WE'RE NO LONGER GOING TO GET THAT PASS FOR BEING FAST GROWTH.

SO EVEN WITH THE DECLINE IN THOSE TWO, WE STILL ANTICIPATE AN A RATING FOR NEXT YEAR.

POTENTIALLY WITH 92 POINTS. WE WILL SEE ONCE WE HAVE AUDITED FINANCIAL DATA WHETHER THAT STAYS TRUE, BUT THAT'S JUST A QUICK PREVIEW. AND THEN LASTLY, I WANT TO RECOGNIZE OUR BUSINESS SERVICES DEPARTMENT AND OUR FINANCE DEPARTMENT FOR ALL OF THE OTHER FINANCIAL ACCOLADES THAT THEY RECEIVE. THE FIRST RATING IS JUST ONE OF MANY.

WE RECEIVE SEVERAL REPORTING AWARDS FOR OUR BUDGET AND OUR ANNUAL FINANCIAL REPORT.

WE HAVE ONE OF THE HIGHEST CREDIT RATINGS IN THE STATE OF TEXAS FOR SCHOOL DISTRICTS.

WE HAVE RECEIVED ALL OF THE COMPTROLLER'S TRANSPARENCY STARS THAT WE ARE ELIGIBLE TO RECEIVE.

AND WE'VE ALSO RECEIVED AWARDS FROM THE TEXAS ASSOCIATION OF SCHOOL BUSINESS OFFICERS OR OFFICIALS FOR EXCELLENCE IN FINANCIAL MANAGEMENT AND FOR THE AWARD OF MERIT AND PURCHASING OPERATIONS.

SO CONGRATULATIONS AND KUDOS TO THAT TEAM. ANY QUESTIONS? YEAH, MISS SMITH, THANK YOU. GREAT PRESENTATION. YOU KNOW, ONE QUESTION I ALWAYS HAVE IS THAT BOND RATING.

I SEE STILL BIG A SMALL A ONE. YOU KNOW I WANT 2AA.

I CAN'T FIGURE OUT WHY WE CANNOT GET. WE DO TOO.

SO YEAH. THE SO I CAN'T REMEMBER WHICH RATING AGENCY IT IS ONE OF.

THE MOODY'S ISN'T IT. MOODY'S IS THE ONE THAT SAYS THAT NO SCHOOL DISTRICT WILL EVER BE RATED HIGHER THAN THAT.

THAT'S JUST THEIR METHODOLOGY THERE. IT PREVENTS SCHOOL DISTRICTS FROM BEING RATED HIGHER JUST BASED ON THE WAY THAT THEY DO THEIR CREDIT RATINGS.

THE OTHER ONE. STANDARD AND POOR'S, WE DO HAVE A DOUBLE A+.

THE HIGHEST THERE IS TRIPLE A. I BELIEVE THERE ARE ONLY SEVEN DISTRICTS IN THE STATE, 7 OR 8 DISTRICTS IN THE STATE THAT ARE TRIPLE A RATED.

THOSE DISTRICTS ARE MUCH MORE ESTABLISHED THAN FRISCO ISD IN TERMS OF THEIR BUILD OUT.

SO THEY HAVEN'T BUILT SCHOOLS IN A VERY LONG TIME.

THEIR ENROLLMENT HAS BEEN STABLE FOR A VERY LONG TIME, RIGHT? THE, AND WE ASK THEM EVERY YEAR WHEN WE GET AN UPDATED CREDIT RATING, WHAT'S IT GOING TO TAKE TO BUMP US UP? AND THAT'S ALWAYS THE ANSWER, RIGHT? AS THE DISTRICT GETS A LITTLE BIT MORE MATURE, THEN WE CAN START TO KIND OF HAVE SOME PRESSURE TO BE UPGRADED IN OUR FINANCIAL RATING.

BUT WE STILL HAVE A NUMBER OF BUILDINGS THAT ARE UNDER 30 YEARS OLD BECAUSE WE GREW SO FAST AND BUILT SO MUCH, RIGHT? SO WE'RE STILL PAYING OFF THE DEBT ASSOCIATED WITH THOSE. AND OUR ENROLLMENT PATTERN IS STILL NOT QUITE SETTLED.

SO UNTIL WE GET THERE, WE LIKELY WON'T SEE AN UPGRADE.

YOU KNOW, I DON'T LIKE THAT, BUT NEITHER DO I.

BUT IT IS WHAT IT IS. THERE'S SOMETHING THAT JUST DOESN'T SEEM.

[00:35:04]

AND WE HAVE AN OUTSTANDING DEBT TO INCOME. WE'RE JUST ABOVE.

SO THAT DOESN'T MAKE SENSE. IT GOES AGAINST ANYTHING I EVER HEARD. SO CAN I BE THE FIRST QUESTION AGAIN? WHAT DOES IT TAKE? IT WILL ALWAYS BE THE FIRST QUESTION.

YES. I JUST DON'T SEE WHERE THAT MAKES SENSE, BUT I DIGRESS.

ANYONE. TRUSTEE DAVIS. THANK YOU. SO FIRST OF ALL, CONGRATULATIONS AND THANK YOU FOR YOUR HARD WORK AS WELL AS YOUR DEPARTMENT.

I DO HAVE A QUESTION ABOUT THE CASH ON HAND. YES.

WHAT IS THE AVERAGE NUMBER OF DAYS THAT A DISTRICT WOULD HOLD CASH ON HAND? AND IS IT NORMAL FOR US TO HAVE THIS MUCH? I SAW THAT THE MARKER WAS 90.

YEAH, SO I DON'T KNOW THE AVERAGE, I HAVEN'T LOOKED AT WHAT THE AVERAGE IS.

I WILL TELL YOU, WE HAVE ALWAYS, THROUGHOUT ALL OF OUR GROWTH YEARS A LOT OF TIMES KIND OF THE, THE BENCHMARK, THE MINIMUM YOU WANT TO HAVE IS 90 DAYS.

FOR A LONG, LONG TIME WE TRIED FOR MORE THAN THAT.

ONE, BECAUSE WE WERE GROWING SO QUICKLY. AND, AND ALSO BECAUSE WE WANTED TO MAKE SURE THAT AS OUR STATE AID PAYMENT TIMELINE CHANGE. SO ONE THING JUST TO GET INTO THE WEEDS JUST A TAD.

THE STATE CHANGES, THE STATE PAYS DISTRICTS STATE AID AT DIFFERENT TIMES BASED ON ESSENTIALLY HOW LARGE YOU ARE.

AND SO WHEN WE MOVED FROM ONE PAYMENT CLASS TO THE NEXT, RIGHT, AND STARTED GETTING PAID LATER IN THE YEAR FOR STATE AID, WE ALWAYS WANTED TO MAKE SURE WE HAD MORE THAN ENOUGH FUND BALANCE, ESSENTIALLY WHICH IS CLOSE TO THE SAME AS CASH ON HAND.

WE WANTED TO MAKE SURE WE HAD MORE THAN ENOUGH TO OPERATE DURING THAT TIME PERIOD.

SO NOT SO WE WEREN'T LIKE DRAINING OUR ACCOUNT ALL THE WAY DOWN TO ZERO BEFORE WE STARTED GETTING REVENUE IN.

WE WANTED TO HAVE A NICE CUSHION. AND SO WE STILL THAT'S JUST KIND OF A CONSERVATIVE WAY TO OPERATE.

WE STILL OPERATE THAT WAY. WE KEEP, WE KEEP ALL THOSE FUNDS INVESTED.

SO WE'RE EARNING INTEREST ON THEM. BUT IT WILL FLUCTUATE.

YOU CAN STOP RIGHT THERE. YEAH. THE INTEREST. WE GET INTEREST.

WE DO GET INTEREST, BUT IT WILL FLUCTUATE FROM YEAR TO YEAR.

AND I DON'T KNOW WHAT THE AVERAGE IS. OKAY. SOME YEARS IT WILL BE UP, SOME YEARS IT WILL BE DOWN.

BUT WE ARE INCURRING INTEREST. ABSOLUTELY. OKAY.

YEAH. THANK YOU. ON INDICATOR 13, CAN YOU PULL UP 13? IF I HAVE IT CORRECTLY. THIS IS THE ONE FOR THE ADMIN RATIO.

YES. CAN YOU EXPLAIN WHAT STAFF IS CONSIDERED ADMIN FOR THIS NUMBER OR MARKER? YES. SO I BELIEVE THAT THE NEW METHODOLOGY AND I'M IF I'M WRONG I WILL CORRECT MYSELF IN, IN HOME BASE FOR YOU GUYS.

I BELIEVE THAT THE NEW METHODOLOGY LOOKS AT FUNCTIONS 41 AND 21.

SO 41 IS GOING TO BE YOUR SORT OF WHAT I WOULD CONSIDER TO BE LIKE BUSINESS AND OPERATIONS TYPE.

SO YOU'RE GOING TO TYPE OF EXPENSES. SO IT'S GOING TO BE YOUR HR DEPARTMENT, YOUR BUSINESS OFFICE, YOUR COMMUNICATIONS DEPARTMENT PAYROLL RISK MANAGEMENT, LIKE ALL OF THE, ALL OF THE DEPARTMENTS AND THE COSTS ASSOCIATED WITH THOSE DEPARTMENTS TO JUST OPERATE AS AN ORGANIZATION.

AND THEN FUNCTION 21 IS CONSIDERED INSTRUCTIONAL SUPPORT.

SO THINK ABOUT THE PEOPLE IN IN CENTRAL OFFICE THAT SUPPORT INSTRUCTION DISTRICT WIDE.

SO OUR TEACHING AND LEARNING DEPARTMENT. DISTRICT LEADERS SITTING UP HERE, THAT KIND OF THING.

SO WHAT THE STATE WANTS TO SEE IS THAT YOU'RE NOT SPENDING MORE ON THOSE GENERAL ADMINISTRATIVE EXPENSES AND THOSE OVERSIGHT SUPPORT TYPE EXPENSES COMPARED TO THE REST OF YOUR EXPENSES THAT ARE CLOSER TO THE CLASSROOM.

AND SO THEY HAVE SET DIFFERENT THRESHOLDS BASED ON THE SIZE OF YOUR DISTRICT.

AND SO THAT'S WHAT, THAT'S WHERE YOU GET THE DIFFERENT PERCENTAGES. SO THESE ARE FOR DISTRICTS THAT HAVE MORE THAN 10,000 STUDENTS.

OKAY. THANK YOU. AND THEN ON INDICATOR 19, CAN YOU PULL THAT ONE? AND I'LL BE HONEST, I'VE ALREADY FORGOTTEN WHAT THIS ONE WAS.

OH, I WANT ONE TOO FAR. YES. THE FINANCIAL TRANSPARENCY.

RIGHT? SO THIS IS BASICALLY, I GUESS CAN YOU EXPLAIN WHAT THIS ONE IS? YEAH, I'LL DO THAT INSTEAD OF ME. WHAT I THINK IT IS, THERE IS THERE IS A LAUNDRY LIST OF THINGS WE'RE REQUIRED TO POST ON OUR WEBSITE FOR FINANCIAL TRANSPARENCY. AND THERE'S EVEN A CERTAIN NUMBER OF CLICKS THAT, THAT INFORMATION HAS TO BE FROM THE HOME PAGE OF,

[00:40:07]

WE'VE GOT TO POST ANNUAL FINANCIAL REPORTS. WE'VE GOT TO POST CERTAIN BUDGET INFORMATION AND SOME OF IT CAN BE IN A REPORT AND SOME OF IT HAS TO BE LIKE IN, IN DETAIL ON THE ACTUAL WEB PAGE ITSELF. SO THIS ESSENTIALLY JUST ASKS, DID WE POST EVERYTHING WE WERE SUPPOSED TO POST? SO THIS IS BASICALLY THE LAW MAKING SURE THAT WE MAKE THIS INFORMATION AVAILABLE TO OUR PUBLIC.

RIGHT? YES. AND I WILL TELL YOU, WE POST WAY MORE THAN WE'RE REQUIRED TO.

OKAY. AND THEN ONE LAST INDICATOR 16. THIS INDICATOR PRETTY MUCH SAYS THAT WHAT WE POSTED IN 19 IS IS ACCURATE TO WHAT WE TURNED INTO THEM. IN OTHER WORDS, IT IS CONFIRMING THAT WE HAVE SHARED TO THE PUBLIC ON OUR SIDE AND THEIR SIDE.

CORRECT? YES. THIS ONE THOUGH HAS TO DO WITH THE ACTUAL FINANCIAL INFORMATION.

SO NOT ONLY DO WE POST IT TO THE PUBLIC, BUT WE POST IT INTO PEIMS. AND THERE'S TWO PIECES THAT THIS LOOKS AT. IT'S IT'S OUR ANNUAL FINANCIAL REPORT AND OUR BUDGET.

SO THERE'S OTHER REQUIREMENTS TO BE POSTED ON THE WEBSITE, BUT THE ACTUAL FIGURES, THE FINANCIAL INFORMATION HAS TO BE, THEY LOOK AT WHETHER WHAT WE POSTED ON THE WEBSITE MATCHES WHAT WE REPORTED THROUGH THE SYSTEM.

AND IT DOES. THANK YOU. AND ALSO CONGRATULATIONS.

I SHOULD HAVE LED WITH THAT. I APOLOGIZE. THANK YOU. CONGRATULATIONS.

ANY OTHER QUESTIONS? ALL RIGHT. THANK YOU. WE'LL NOW MOVE TO AGENDA ITEM TEN.

[10. Discussion regarding Update on Internal Audit Department Activity]

HI. OKAY.

SLIDE OVER. IT'S EASIER THIS WAY. OKAY. OKAY.

I'M HERE TONIGHT TO GIVE YOU AN UPDATE ON INTERNAL AUDIT ACTIVITY FOR THE FIRST QUARTER OF THIS YEAR.

OKAY. I'LL BEGIN WITH THE AUDIT PLAN STATUS REPORT FOR FISCAL YEAR 2026.

DURING THE QUARTER, I COMPLETED AND FINALIZED AN AUDIT OF EMERGENCY MANAGEMENT.

YOU SHOULD HAVE RECEIVED IT DURING THE QUARTER AND YOU HAVE IT WITH YOU IN YOUR MATERIALS THIS EVENING.

AND I'M CURRENTLY AT THE FINAL STAGES OF AN AUDIT OF CONSTRUCTION SERVICES.

THE DRAFT REPORT IS OUT. WE'VE RECEIVED MANAGEMENT RESPONSES ON THAT AND IT WILL BE ISSUED SHORTLY.

SO I'LL MOVE ON TO THE AUDIT PLAN STATUS REPORT FOR FISCAL YEAR 2027.

I HAVE KICKED OFF AN AUDIT OF HEALTH SERVICES.

I'M CURRENTLY IN THE PRELIMINARY ASSESSMENT PHASE OF THAT AUDIT RIGHT NOW.

AND THIS IS OUR RECOMMENDATION TRACKING SLIDE.

IT SHOWS THE PERCENTAGE OF RECOMMENDATION IMPLEMENTATION PER YEAR.

SO IN THE LAST FEW WEEKS, WE HAVE MOVED THE NEEDLE FOR FISCAL YEAR 2025 AND 2026, EVEN JUST IN THE LAST FEW DAYS.

SO THOSE HAVE GONE UP QUITE A BIT. AND GIVING A LITTLE BIT MORE INFORMATION ON THOSE RECOMMENDATIONS THAT ARE OUTSTANDING A LITTLE LONGER. THESE ARE THE AUDITS THAT THOSE PERTAIN TO, AND I'M CURRENTLY WORKING WITH MANAGEMENT ON THESE TO GET THESE IMPLEMENTED.

WE'RE MOVING ALONG ON THAT, AND I FEEL LIKE WE'RE PRETTY CLOSE ON A FEW OF THESE THAT HAVE BEEN OUT THERE FOR A WHILE.

LIGHTHOUSE ACTIVITY FOR FISCAL YEAR 2026. WE HAD 36 INCIDENTS REPORT INCIDENT REPORTS COME THROUGH.

11 OF THOSE WERE SUBSTANTIATED. 23 UNSUBSTANTIATED.

ONE IS UNDER REVIEW AND ONE WENT THROUGH THE GRIEVANCE PROCESS.

LIGHTHOUSE ACTIVITY FOR THIS YEAR WE HAVE NOT HAD ANY INCIDENTS REPORT INCIDENT REPORTS COME THROUGH.

BUT THE YEAR IS STILL YOUNG. AND I DO TEST THE SYSTEM WHENEVER WE HAVE NONE, WE DON'T HAVE ANY COME THROUGH AND IT'S WORKING.

SO THAT'S MY UPDATE FOR YOU THIS EVENING. THANK YOU, MISS TAYLOR.

ARE THERE ANY QUESTIONS? OKAY, THANKS. WE'LL KEEP IT MOVING.

OKAY. WE'LL NOW MOVE ON TO ACTION ITEMS. AS A REMINDER, ACTION ITEM 11.B WAS PULLED.

[11.A. Consider and Act on approval of minutes from the August 3rd Special Meeting and August 17th Regular Meeting]

I LOOK FOR A MOTION TO AGENDA ITEM 11.A. I MOVE TO APPROVE MINUTES FROM THE AUGUST 3RD SPECIAL MEETING AND THE AUGUST 17TH REGULAR MEETING SECOND.

[00:45:14]

MOTION PASSED SIX ZERO. AGENDA ITEM C CONSIDERING ACT ON RESOLUTION EXPRESSING INTENT TO ENTER INTO A GROUND LEASE WITH NORTHERN

[11.C. Consider and Act on a resolution expressing intent to enter into a ground lease with the Northern Texas PGA Foundation]

I MOVE TO ADOPT THE RESOLUTION EXPRESSING INTENT TO ENTER INTO A GROUND LEASE WITH THE NORTHERN TEXAS PGA FOUNDATION AS PRESENTED.

SECOND. HAVING BEEN MOVED BY TRUSTEE DAVIS. SECOND BY TRUSTEE MANDUVA, I NOW OPEN UP THE AGENDA ITEM FOR QUESTIONS OR DISCUSSION.

I HAVEN'T HEARD NO QUESTIONS OR DISCUSSIONS AND I LOOK FOR A VOTE. MOTION PASSED SIX ZERO.

[11.D. Consider and Act on budget transfers and amendments for the 2026-2027 General Fund and Child Nutrition Fund]

WHAT TO LOOK FOR A MOTION TO AGENDA ITEM 11.D.

I MOVE TO APPROVE THE BUDGET TRANSFERS AND AMENDMENTS FOR THE 2026-\27 GENERAL FUND AND CHILD NUTRITION FUND AS PRESENTED.

I SECOND. HAVING BEEN MOVED BY TRUSTEE DAVIS AND SECONDED BY TRUSTEE WAMHOFF, I NOW OPEN AGENDA ITEM FOR QUESTIONS OR DISCUSSION. I HAVEN'T HEARD NO QUESTIONS OR DISCUSSION AND I LOOK FOR A VOTE.

MOTION PASSED SIX ZERO. ACTION ITEM E, CONSIDER AN ACT ON THE APPOINTMENT OF PARENT AND COMMUNITY MEMBERS TO THE DISTRICT ADVISORY BOARD.

[11.E. Consider and Act on the appointment of parents and community members to the District Advisory Council]

I JUST HAVE A. IT'S NOT A QUESTION, IT'S JUST A.

IS THIS LIST PUBLISHED SOMEWHERE FOR THE COMMUNITY TO SEE OR? IT IS NOT PUBLISHED YET, BUT ALL MEMBER, EVERYONE WHO APPLIED FOR THE COMMITTEE WILL RECEIVE AN EMAIL TOMORROW MORNING, AND THEN THE LIST WILL BE PUBLISHED IN BOARD BOOK.

BUT NOT FOR THE COMMUNITY TO SEE. YES. YES, IT WILL BE.

YES. ARE THERE ANY ADDITIONAL QUESTIONS? I NOW LOOK FOR A VOTE.

MOTION PASSED SIX ZERO. ACTION ITEM F CONSIDERING AN ACT ON LEVEL THREE GRIEVANCE AND APPEAL SUBMITTED BY PARENT DM ON BEHALF OF STUDENT RM ON THE BOARD

[11.F. Consider and Act on the Level III grievance appeal submitted by Parent DM on behalf of Student RM under Board Policy FNG(Local)]

I MOVE TO UPHOLD THE LEVEL TWO DECISION OF THE ADMINISTRATION AND DENY ALL REMEDIES REQUESTED, WHICH HAVE NOT ALREADY BEEN PROVIDED AT LEVELS ONE AND TWO.

SECOND. HAVING BEEN MOVED BY TRUSTEE DAVIS AND SECOND BY TRUSTEE SALAS I NOW OPEN UP THE AGENDA ITEM FOR QUESTIONS OR DISCUSSION.

HAVEN'T HEARD NO QUESTIONS OR DISCUSSION. I NOW LOOK FOR A VOTE.

MOTION PASSED SIX ZERO. ACTION ITEM G, CONSIDER AND ACT ON LEVEL THREE GRIEVANCE AND APPEAL SUBMITTED BY PARENT DY ON BEHALF OF STUDENT DY ON THE BOARD

[11.G. Consider and Act on the Level III grievance appeal submitted by Parents DY and DY on behalf of Student WY under Board Policy FNG(Local)]

I MOVE TO UPHOLD THE LEVEL TWO DECISION OF THE ADMINISTRATION AND DENY ALL REMEDIES REQUESTED, WHICH HAVE NOT ALREADY BEEN PROVIDED AT LEVELS ONE AND TWO.

SECOND. HAVING BEEN MOVED BY TRUSTEE DAVIS AND SECOND BY TRUSTEE SALAS, I'LL NOW OPEN UP THE AGENDA ITEM FOR QUESTIONS OR DISCUSSIONS. HEARING NO QUESTION OR DISCUSSION,

[00:50:08]

MOTION PASSES SIX ZERO. MOVING ON TO CONSENT AGENDA.

[12. Consent Agenda Items]

BOARD, I LOOK FOR A MOTION ON CONSENT AGENDA ITEMS A THROUGH X, A THROUGH X.

I MOVE TO APPROVE THE CONSENT AGENDA ITEMS A THROUGH X AS PRESENTED.

SECOND. HAVING BEEN MOVED BY TRUSTEE SAMPLE. SECOND BY TRUSTEE DAVIS AND I OPEN AGENDA ITEM FOR QUESTIONS OR DISCUSSION.

HAVING HEARD NO QUESTIONS OR DISCUSSION, I NOW LOOK FOR A VOTE.

MY VOTE IS YES, BUT IT'S NOT ALLOWING ME TO. OKAY.

WELL, LET'S DO IT BY HAND. NO PROBLEM. ALL THOSE IN FAVOR? ALL THOSE OPPOSED? MOTION PASSED SIX ZERO. ITEM 13.

ARE THERE ANY MONTHLY REPORTS? YOU GUYS JUST WANT TO GO HOME? JUST WANT ME TO JOIN? WELL, THAT CONCLUDES TONIGHT'S REGULAR MEETING, AND THIS MEETING IS ADJOURNED.

I'D LIKE TO THANK OUR PUBLIC SERVICE OFFICERS FOR BEING HERE. THANK YOU SO MUCH. AND THE TIME IS 7:24 P.M..

PRESIDENT MADDOX. WE'D ALSO LIKE TO WISH YOU A HAPPY BIRTHDAY.

ON BEHALF OF HAPPY BIRTHDAY. THANK YOU. THANK YOU.

* This transcript was compiled from uncorrected Closed Captioning.