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Missing finance reports?

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Key facts

  • Last monthly set we found in a public packet: Dec. 11, 20251
  • Months since with none found: November 2025 to August 20262
  • What the district says: it gives the board investment reports monthly3
  • What state law asks: an investment report at least every three months4

In short

The district used to post monthly money reports in public board packets. The last set we found was from Dec. 2025.1 The district says it gives the board investment reports monthly.3 We have not seen them.

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Every month, the district used to post four money reports in its public board packets. They showed spending, investments, bond projects and tax collections. Anyone could read them.

What we found

The last set we found was in the packet for Dec. 11, 2025.1 It covered October 2025.

After that, we looked through every public board packet through October 2026. We did not find those monthly reports.2

Some money updates did appear. Short budget letters came to the board in January, February, April, May and June 2026.5 A yearly investment report came in August.3

What the district says

In August 2026, the district’s yearly investment report said this. The review “is in addition to the mandated quarterly reporting (which LISD provides to the Board monthly).”3

We cannot rule that out. Reports sent another way, such as by memo, would not show up in the packets. We have not seen any.

What staff have said out loud. In Feb. 2023, the finance chief told the board: “There’s monthly finance reports in every board meeting.”6 In Oct. 2026, a benefits staff member said “we get monthly reports from our finance department.”7 We could not find those reports in the public packets.

It’s not only finance reports. The monthly bond status report also stopped appearing after Dec. 11, 2025. Yet the district website says the board gets monthly updates.8 The Oct. 29, 2026 agenda still had no monthly finance, investment, bond or tax report.9 We also found no change-order log in any board packet from 2023 to Oct. 2026, though board policy asks for a monthly one.10

The other side: reports can be handed to the board outside the posted packet. Missing from the packet is not proof the board never got them.

What the rules say

State law asks for an investment report to the board at least every three months.4 No state rule asks for a monthly spending report. The monthly reports were the district’s own habit.11

Open questions

  • Did the board get these reports each month after December 2025?
  • If so, where can the public read them?
  • If not, why did they stop?

We will update this page when we learn more. For the latest money picture, see Reserves and deficit.

Questions to ask

  • Did the board get monthly finance reports after the last one posted?
  • Where can the public read the monthly finance reports?

Changes to this page

  • Nov. 2, 2026: Reworded two hedged lines.
  • Nov. 2, 2026: We made the source link names plainer.
  • Nov. 2, 2026: Added questions to ask.

What you can do or watch next

What we still don’t know

  • We do not know if the monthly reports still exist in a place we haven’t looked.
  • We have not seen a full set of monthly reports from December 2025 on.

Footnotes

  1. Board agenda, Dec. 11, 2025, item 9.B.8, “Business and Finance Monthly Reports”: Monthly Bond Status Report, Monthly Financial Report (October 2025), Monthly Investment Report and Monthly Tax Collection Report. Board agenda. ↩ ↩2 ↩3

  2. Our search of the public agendas and packets on BoardBook for every board meeting from Jan. 8 to Oct. 29, 2026. We searched for “Monthly Financial Report” and other report titles. This is what we could find in public packets. It does not show what the board got in private. Agendas: Jan. 22 · Feb. 19 · Apr. 23 · May 21 · June 18. ↩ ↩2

  3. Leander ISD, Annual Investment Report, FY2026, Aug. 17, 2026, cover letter (page 2 of the file). The FY2025 report has the same sentence (FY2025 report). FY2026 report. ↩ ↩2 ↩3 ↩4

  4. Board policy CDA(LEGAL), based on Texas Government Code §2256.023: the investment officer must give the board a written investment report “not less than quarterly.” Policy CDA on TASB Policy Online. ↩ ↩2

  5. Board agendas: Jan. 22, Feb. 19, Apr. 23, May 21 and June 18, 2026, each with a “2025-2026 Budget Projections” letter. Agendas: Jan. 22 · Feb. 19 · Apr. 23 · May 21 · June 18. ↩

  6. Board meeting video, Feb. 7, 2023, at 00:34:08. ↩

  7. Board meeting video, Oct. 15, 2026, at 05:28:59. The quote comes from the meeting video’s automatic captions. ↩

  8. Our search of BoardBook packets, Dec. 2025 to Oct. 2026; latest public bond report Dec. 11, 2025 (as of Oct. 31, 2025). ↩

  9. BoardBook agenda, Oct. 29, 2026 workshop. ↩

  10. Board policy CV(LOCAL); our full-text search of 2023-2026 packets. ↩

  11. Board policy CFA(LEGAL) lists only yearly duties, such as the yearly audit and debt report. It has no monthly report duty. Policy CFA on TASB Policy Online. ↩

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