BY ANGELA BONILLA, EMILY LINCKE & LIZZY SPANGLER
LSCS ends year with $163M net income Lone Star College System finished the 2024-25 fiscal year with a net income of $163 million , after subtracting expenses from revenues, per LSCS’ Annual Comprehensive Financial Report. The gist Per the report, actual totals for FY 2024-25 were $604 million in nonoperating revenues, $563.64 million in operating expenses, and $122.68 million in operating revenues. Some context In a March 6 email, Chief Financial Officer Kristy Vienne explained that figures are not directly comparable to LSCS’ budget. “Net position is similar to net worth—it indicates ... long-term financial strength, rather than its available cash,” Vienne said.
New gym proposed for WISD ninth-grade center Willis ISD trustees discussed March 18 a pro- posal for a stand-alone gymnasium at Willis High School, along with the ninth-grade center and its gym, one of the district’s 2024 bond projects. What you need to know WISD Chief Operations Officer Bob Eaton addressed the board about the project. Eaton stated that during the design process, “it was determined that the current ninth-grade center site footprint could not accommodate both gymnasiums.” “The funding source for the ninth-grade center project remains financially stable ... budget management to date has positioned the district to address this need while honoring the commitment made to the voters,” Eaton said. WISD Chief Financial Officer Garrett Matej addressed the board and said the proposal is able to be funded from the bond election.
WISD’s ninth-grade center The facility will be located at Willis High School and primarily support:
instructional programming
student curriculum needs
school-sponsored extracurricular activities, such as athletic classes for credit, health and physical development curriculum, band, dance, cheerleading and junior ROTC
830
75
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SOURCE: WILLIS ISD/COMMUNITY IMPACT
Also on the agenda The board also discussed a new stadium score- board, primarily regarding the cost not going over $200,000. The scoreboard would be 28 by 36 feet, an increase from 19 by 28 feet, Eaton states.
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