La Porte Independent School District 1002 San Jacinto St. La Porte, Texas 77571

Transcription

1 La Porte Independent School District 1002 San Jacinto St. La Porte, Texas ADOPTED BUDGET Every Student's Success is our # 1 Priority

2 La Porte Independent School District La Porte, Texas Adopted Budget (July 1, 2015 to June 30, 2016) Board of Trustees Lee Wallace, President Dee Anne Thomson, Vice President Charlcya Wheeler, Secretary Kathy Green, Trustee Phillip Hoot, Trustee David Janda, Trustee Lois Rogerson, Trustee Lloyd W. Graham, Superintendent of Schools Rhonda Cumbie, Chief Financial Officer Linda Wadleigh, Deputy Superintendent Mike Clausen, Deputy Superintendent

3 Introductory Section The following document represents the financial plan for La Porte Independent School District for the fiscal year. The budgets for the general fund, the food service fund, and the debt service fund must be included in the official district budget. These budgets must be prepared and approved at least at the fund and function levels to comply with the state's legal level of control mandates. This budget provides the financial resources necessary to offer a competitive compensation package to our employees, maintain our existing facilities, and provide the funds necessary to support our twelve existing campuses. 1

4 La Porte Independent School District Executive Summary The budget includes the following assumptions: Tax rate as recommended Maintenance & Operations $ Debt Service Total Rate $ Assumes 100% collection to include delinquency and penalty and interest HCAD's Estimated Taxable Value for 2015: $ 7,718,093,777 Chambers County Estimated Taxable Value for 2015: $ 640,360 Total Estimated Taxable Value $ 7,718,734,137 Projected enrollment 7,657 Projected Average Daily Attendance 7,129 Projected Weighted Average Daily Attendance 9,312 Personnel / Payroll General Pay Increase TASB did a salary study which has been incorporated into the compensation plan. The district chose to do a hybrid between TASB recommendations and the current compensation plan. The budget anticipates staff that have met expectations and have 1 year of TRS service with La Porte ISD will receive a general pay increase of 4% ($2.032 million). The minimum hiring hourly rate will increase to $11.20 on the paraprofessional scale and maintain $9.75 on the manual trades. All scales will move up except pay grade one on the manual trades scale which increased last year by $1.48 which is in line with the market for that pay grade. The starting teacher salary will increase to $51,600 which is $1,200 increase over Continue attendance incentive for bus drivers $250 per semester as well as move them up a pay grade to 4. Continue staff development for teachers available four days before start of contract. Additional Professional Staff Add additional staff to include 16.5 Interventionist (1.5 at each Elementary to add to the.5 that is currently there, 2 each at Junior Highs and Baker); 1 additional teacher LPHS, 1 additional teacher DeWalt, 1 PPCD teacher at Bayshore Elementary, 1 LSSP/Autism Specialist District Wide; 1 Systems Admin District Wide; 1 Webmaster District Wide; reduce 1 ELA Instructional Coach, 1 Math Instructional Coach, and 1 communications specialist Recapture cost Financial Information Local Revenue is reflected net of $25,164,065 for estimated recapture costs (Option 3) for the school year. Budget Documents Audit Reports Check Registers Tax Rate Information 2

5 January 2015 State law states the budget must be prepared by June 19 and adopted by June 30. S M T W Th F S La Porte Independent School District has a fiscal year of July 1 to June Date Area of Responsibility Activity /6/2015 Cabinet, Principals, Directors Superintendents Staff Meeting 2/6/2015 Cabinet, Principals, Directors Development of Planning Assumptions February /6/2015 Cabinet, Principals, Directors Budget Process & Guidelines February S M T W Th F S 2/6/2015 Cabinet, Principals, Directors Student Enrollment Projections /6/2015 Cabinet, Principals, Directors Staffing/Positions Guidelines /13/2015 Budget Managers Mandatory Budget Training /17/2015 Budget Managers Mandatory Budget Training /13/2015 Budget Managers Campus/Departmental Budgets data entry must be done 3/23/2015 Budget Managers Campus/Department signed Budget due to Business Office March S M T W Th F S 3/23/2015 Cabinet Budget Review, Enrollment Trends, Historical Financial Data /30/2015 Cabinet Revenue, Expenditure, and Fund Balance Projections /14/2015 School Board/Administration Board Workshop-Discussion and Review of April Budget Assumptions /25/2015 Chief Appraiser Chief Appraiser certifies estimates of April 2015 taxable values S M T W Th F S 5/12/2015 School Board/Administration Board Meeting-Discussion and Review of Budget Assumptions /19/2015 School Board/Administration Board Workshop-Discussion and Review of Overall Proposed Budget May /28/2015 Chief Financial Officer Notice of Budget Adoption published in Bay Area Observer May 2015 (publish 6/4/15) S M T W Th F S 6/16/2015 School Board/Administration Board Workshop-Public Hearing on June 1 2 Proposed Budget, Budget Adoption, Tax rate adoption September/October La Porte Independent School District Budget and Tax Rate Planning and Adoption Calendar Fiscal Year March Note: Calendars are highlighted for board meeting/workshops. June 2015 S M T W Th F S

6 1. Increase the percentage of all students and student subgroups in grades 3-11 who meet the STAAR/TAKS passing standard to 90% 2. Increase the percentage of all students and student subgroups in grades 3-11 who achieve STAAR/TAKS Level III Advanced/Commended performance to 30%. 3. Increase both the number of students and the achievement results in all student groups to exceed the state average on college readiness indicator such as ACT, SAT, and PSAT. 4. Increase both the number of students in 9th-12th grade receiving credit for Advanced Courses or Dual Enrollment to 30%. 5. Increase the high school completion rate of all student groups to 99%. 6. Continue comprehensive implementation of TEKS Resource System (District curriculum). 7. Increase positive participation in the district wide performing and visual arts programs. 8. Promote college and career readiness for all students. 9. Implement a comprehensive Gifted and Talented program that provides an enriched educational experience for GT students. 10. Improve effectiveness of supplemental programs funded through special revenues (i.e. Title, Federal, State Compensatory Education) as determined by TEA accountability processes and local program evaluations. 11. Develop and implement a plan for the effective use of technology in the instructional environment. 12. Integrate the Technology Applications TEKS into the core curriculum as evidenced by all students incorporating technology projects in each core area annually. Provide a safe, secure and disciplined learning environment. 1. Revise and implement a plan to improve district management of crisis situations. 2. Improve the safety and security of district facilities as evidenced by 100% correction rate of all documented critical discrepancies identified on Safety and Security Audits. 3. Increase the safety and security of students utilizing district transportation as evidenced by a 10% reduction of transportation incident reports per year. 4. Reduce campus reported gang activities by 25% each year. 5. Reduce the number of drug related offenses by 10% per year. 6. Reduce the incidents of bullying by 10% per year. 7. La Porte Independent School District Board Goals and District Performance Objectives Budget Board Goal #1 Increase achievement and success for every student through rigorous, broad-based academic programs and expanded opportunities. Board Goal # 2 Conduct a semi-annual review of discipline data to assess equity in DAEP placements and consistency in discipline reporting and implementation of consequences. Develop an improvement plan if needed. 8. Improve the safety and security of students by reporting all cases of suspected child abuse as required by TEC Increase awareness of the needs of students with food allergies. Board Goal # 3 Attract, develop, and retain excellent staff. 1. La Porte Independent School District will attract, develop, and retain excellent staff in response to the district's needs. 2. Remain externally competitive with respect to employee salaries and sensitive to internal equity. 4

7 La Porte Independent School District Board Goals and District Performance Objectives Budget Board Goal #14 1. Increase community involvement in the district. 2. Improve district web site to allow easier access to information by parents, educators, community members, job seekers, and potential residents. 3. Increase parent communication to promote awareness of and involvement in our schools. 4. Promote La Porte ISD to prospective residents and those in other communities. 1. Implement a transportation fleet replacement and preventive maintenance program. 2. Change training from annually to monthly in the areas of transportation safety and driving skills. 3. Develop and implement a plan to adequately staff the transportation department. 4. Provide additional measures to increase safety and security for students and drivers. 5. Continue to replace kitchen equipment as needed. 6. Implement plan to recruit kitchen staff to fill vacancies. 7. Continue to implement Health, Hunger-Free Kids Act 2010 Regulations. 8. Increase efficiency and effectiveness of maintenance and custodial services. 9. Investigate adequate ratio of custodial staff to building square footage. 10. Development and implementation of procedures and training for scanning into efinance source documents. 11. Improve district efficiency through the expanded use of electronic payments to vendors. 12. Promote family engagement and active involvement of the community in the education of our students. Board Goal # 5 Ensure and demonstrate efficient and effective use of district resources. Professional staff will demonstrate required technology competencies as measured by 100% mastery of the SBEC Technology Applications Standards and district teacher productivity software. 13. Improve and increase technical support of both academic and business processes/functions. 14. Support and improve infrastructure to meet the academic and business needs of the district as approved in the 2014 bond program. 5

8 La Porte Independent School District Governmental Funds Revenue The following presents a comparison of revenue for all Governmental Funds. Governmental Funds include the General, Special Revenue, Debt Service, and Capital Projects Funds. Most of the District's basic services are included in Governmental Funds. Governmental Funds Revenue FY 2016 Capital Projects Fund 48% General Fund 36% Special Revenue Funds 3% Debt Service Fund Total Governmental Funds Revenue - Budget FY 2016 State Federal Total Local Program Program Description Revenue Sources Revenue Revenue General Fund $ 88,865,165 $ 81,816,659 $ 5,993,506 $ 1,055,000 Debt Service Fund 31,864,185 31,864,185 Special Revenue Funds 7,670,515 1,502,500 23,000 6,145,015 Capital Projects Fund 120,100, ,100,000 Total Revenue $ 248,499,865 $ 235,283,344 $ 6,016,506 $ 7,200,015 Governmental Funds Revenue by Source FY 2016 Federal Program Revenue 2% State Program Revenue 20% Local Sources 78% 6

9 La Porte Independent School District Governmental Funds Expenditures General Fund expenditures dominate Governmental Fund activities. However, since the district has a continuing need to fund capital projects and/or capital replacements, the Capital Projects Fund has a major impact on expenditures. New facilities and renovations are funded through taxpayer authorized bond issues that are managed through the Capital Project Funds. Governmental Funds Expenditures FY 2016 Special Revenue Fund 3% Capital Projects Fund 55% Debt Service Fund 8% General Fund 34% Total Governmental Funds Expenditures - Budget FY 2016 Total General Debt Service Special Capital Description Expenditures Fund Fund Revenue Funds Projects Funds Instr & Related Svcs $ 42,469,981 $ 39,278,023 $ - $ 3,191,958 $ - Instr & Sch Leadership 7,442,551 7,015, ,057 Student Support 11,220,113 6,668,543 4,551,570 Administration 3,129,622 3,129,622 Maintenance & Oper 8,022,467 8,022,467 Security & Technology 2,078,539 2,078,539 Debt Service 22,466,603 22,466,603 Capital Projects 150,403, ,403,867 Intergovernmental 27,348,260 27,272,260 76,000 $ 274,582,003 $ 93,464,948 $ 22,466,603 $ 8,246,585 $ 150,403,867 Governmental Funds Expenditures by Function FY 2016 Capital Projects 55% Intergovernmental 10% Instr & Related Svcs 15% Debt Service 8% Security & Technology 1% Maintenance & Oper 3% Administration 1% Student Support 4% Instr & Sch Leadership 3% 7

10 La Porte Independent School District General Fund - Projected Fund Balance The District has an undesignated fund balance projection of $23.2 million. This is equal to approximately 4 months operating expenditures net of recapture and represents adequate undesignated reserves to meet the challenges it could face given unfavorable market conditions or during an active hurricane season. The district is currently in an increasing tax base and stable enrollment environment and will continue to try to make decisions to protect an adequate fund balance in the future. General Fund - Fund Balance Five Year History ($1,000's) $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $ (Projected) 2016 (Projected) Unassigned Non-Spendable Restricted Committed Assigned 8

11 Campus 2015/2016 Projected Enrollment 2014/2015 Enrollment as of 2/2/2015 La Porte Independent School District Student Enrollment /2014 Actual Enrollment 2012/2013 Actual Enrollment 2011/2012 Actual Enrollment 2010/2011 Actual Enrollment 2009/2010 Actual Enrollment 2008/2009 Actual Enrollment 2007/2008 Actual Enrollment 2006/2007 Actual Enrollment 2005/2006 Actual Enrollment 2004/2005 Actual Enrollment 2003/2004 Actual Enrollment La Porte HS ,190 2,168 2,109 2,183 2,192 2,195 2,277 2,233 2,277 2,208 2,252 DeWalt HS La Porte JH Lomax JH Baker 6th Grade Secondary Total ,948 3,996 3,924 3,992 3,961 4,046 4,117 4,081 4,078 4,021 4,090 Bayshore College Park Heritage N/A N/A N/A N/A La Porte Lomax Reid Rizzuto Elementary Total ,664 3,733 3,815 3,809 3,857 3,848 3,810 3,712 3,724 3,592 3,588 District Total ,612 7,729 7,739 7,801 7,818 7,894 7,927 7,793 7,802 7,613 7,678 Student Increase Over Prior Year 0 33 (117) (10) (62) (17) (76) (33) 134 (9) 189 (65) (73) Enrollment ,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1, Proposed Elementary Junior High High School Total 9

12 La Porte Independent School District Combined Statement of Revenues, Expenditures and Changes in Fund Balance Summary of Adopted Budget Debt Food Total for Major General Service Service Total for Major Projection Projection Fund Groups Fund Fund Fund Fund Groups Per Student Per Student Local Revenue $ 105,643,329 $ 81,816,659 $ 31,864,185 $ 1,502,500 $ 115,183,344 $ 13,797 $ 15,043 State Revenue 6,033,487 5,993,506-23,000 6,016, Federal Revenue 3,203,097 1,055,000-2,450,000 3,505, TOTAL REVENUES 114,879,913 88,865,165 31,864,185 3,975, ,704,850 15,003 16,286 Instruction: Instruction 35,391,323 37,963, ,963,877 4,622 4,958 Instrctn'l Resources & Media 451, , , Staff Development 710, , , Total - Instructional Expenditures 36,553,754 39,278, ,278,023 4,774 5,130 Instructional Support: Instructional Administration 1,250,207 1,374, ,374, Campus Administration 4,017,411 4,196, ,196, Guidance & Counseling 2,071,372 2,144, ,144, Social Work Services 207, , , Health Services 782, , , Cocurricular Activities 1,326,791 1,444, ,444, Community Services 68,981 63, , Total - Instructional Support 9,725,482 10,251, ,251,508 1,270 1,339 Administrative: General Administration 2,908,852 3,129, ,129, Total - Administration 2,908,852 3,129, ,129, Operations: Student Transportation 3,288,960 3,432, ,432, Food Service 3,836, ,490,970 4,490, Plant Maintenance & Operations 7,641,493 8,022,467-60,600 8,083, ,056 Security Services 527, , , Data Processing 1,308,172 1,506, ,506, Total - Operational Expenditures 16,602,680 13,533,535-4,551,570 18,085,105 2,168 2,362 Other Resources & Uses of Funds Debt Services 29,202,718-22,466,603-22,466,603 3,814 2,934 Contracted Instructional Services 20,877,322 25,164,065 25,164,065 2,727 3,286 Shared Service Arrangements 82 2,765 2,765 Juvenile Justice Alt Ed 19,800 19,800 19,800 Payments to Tax Increment Fund 1,407,986 1,235,630 1,235,630 Tax Appraisal & Collection 788, , ,000 Total - Other Resources & Uses of Funds 52,296,238 27,272,260 22,466,603-49,738,863 6,830 6,496 TOTAL EXPENDITURES, OTHER RESOURCES/USES OF FUNDS 118,087,006 93,464,948 22,466,603 4,551, ,483,121 15,422 15,735 Impact on Fund Balance (3,207,093) (4,599,783) 9,397,582 (576,070) 4,221,729 Fund Balance - Beginning 41,505,283 27,772,237 10,118,250 1,766,645 39,657,132 Fund Balance - Ending $ 38,298,190 $ 23,172,454 $ 19,515,832 $ 1,190,575 $ 43,878,861 Estimated Students in Enrollment 7,657 7,657 10

13 Section I - General Fund 11

14 GENERAL FUND The general fund is the District's primary operating fund. It accounts for all financial transactions not properly included in other funds. The principal sources of revenue include local property taxes and state aid. Expenditures include all costs associated with the daily operations of the District except for specific programs funded by the federal or state government, food service, debt service, and capital projects. The fund balance of the general fund is controlled by and retained for the use of the local education agency. The general fund utilizes the modified accrual basis of accounting. The local governing body has wide discretion in the use of funds as provided by law. 12

15 La Porte ISD Combined Statement of Revenues, Expenditures and Changes in Fund Balance Adopted Budget GENERAL FUND - SUMMARY Delta to Actual Amended Estimated Adopted Budget Actual Budget Est Actual Codes Revenues: 5700 Local Revenue $ 69,958,004 $ 72,800,064 $ 74,959,497 $ 81,816,659 $ 6,857, State Revenue 5,376,477 6,259,792 6,010,316 5,993,506 (16,810) 5900 Federal Revenue 1,284,878 1,150, ,266 1,055,000 71,734 Total Revenues 76,619,359 80,209,856 81,953,079 88,865,165 6,912,086 Expenditures: Operating 11 Instruction 34,035,721 35,521,561 35,391,323 37,963,877 2,572, Instrctn'l Resources & Media 397, , , ,471 64, Staff Development 440, , , ,675 86, Instructional Administration 1,140,458 1,210,906 1,250,207 1,374, , Campus Administration 3,885,109 4,144,520 4,017,411 4,196, , Guidance & Counseling 1,984,179 2,060,575 2,071,372 2,144,623 73, Social Work Services 194, , , ,682 4, Health Services 721, , , ,501 32, Student Transportation 2,883,581 3,227,841 3,288,960 3,432, , Cocurricular Activities 1,257,448 1,386,314 1,326,791 1,444, , General Administration 2,817,984 3,122,617 2,908,852 3,129, , Plant Maint & Operations 7,704,953 7,842,204 7,590,399 8,022, , Security Services 533, , , ,919 44, Data Processing 1,243,579 1,391,612 1,308,172 1,506, , Community Services 52,840 62,981 68,981 63,208 (5,773) Intergovernmental 91 Contracted Instructional Services Between Public Schools 17,754,454 20,414,636 20,877,322 25,164,065 4,286, Shared Service Agreement 14, ,765 2, Juvenile Justice Alt Ed 19,620 19,800 19,800 19, Payments to Tax Increment Fund 1,253, ,000 1,407,986 1,235,630 (172,356) 99 Tax Appraisal & Collection 661, , , ,000 61,670 Total Expenditures 78,997,724 85,071,985 84,996,874 93,464,948 8,468,074 Other Financing Sources (Uses) 7915 Transfers in Transfers out Total Other Financing Sources (Uses) Impact on Fund Balance (2,378,365) (4,862,129) (3,043,795) (4,599,783) (1,555,988) 0100 Fund Balance - Beginning ,194,397 30,816,032 30,816,032 27,772,237 (3,043,795) 3000 Fund Balance - Ending 6/30 $ 30,816,032 $ 25,953,903 $ 27,772,237 $ 23,172,454 $ (4,599,783) 13

16 La Porte Independent School District General Fund Tax Rate and Revenue Summary Net of Recapture Costs Actual Amended Estimated Adopted Budget Actual Budget Tax Rate $1.04 $1.04 $1.04 Taxable Values $ 6,735,319,506 $ 7,037,246,191 $ 7,718,093,778 Delta to Est Actual $0.00 $680,847,587 LOCAL REVENUES: Property Taxes, Current Year $ 67,778,656 $ 70,076,884 $ 72,420,922 $ 79,115,493 Property Taxes, Previous Years 448, , , ,000 Less: Recapture Costs (17,754,454) (20,414,636) (20,877,322) (25,164,065) Net Local M&O Revenue 50,472,753 50,062,248 51,943,600 54,301,428 Penalties, Interest & Other Taxes 318, , , ,000 Tuition & Fees 36,253 24,000 23,152 15,000 Investment Earnings 86, ,000 69,874 70,000 Miscellaneous Local Revenue 1,182,669 1,887,180 1,624,214 1,944,166 Athletic Revenues 106, , , ,000 Total Local Revenue $ 52,203,549 $ 52,385,428 $ 54,082,175 $ 56,652,594 STATE REVENUES Available School Fund Entitlement 1,848,677 1,840,809 1,840,809 2,027,074 Foundation School Fund 768,085 1,250,682 1,250, ,225 Miscellaneous State Revenue 17,014-14,017 - TRS On Behalf Payments 2,742,701 3,168,301 2,904,808 3,199,207 High School Allotment State Revenue - Other than TEA Total State Revenue $ 5,376,477 $ 6,259,792 $ 6,010,316 $ 5,993,506 FEDERAL REVENUES ROTC Reimbursement Revenues - - SHARS Revenue 1,134,619 1,000, ,597 1,000,000 Other Federal Revenues 150, ,000 58,669 55,000 Total Federal Revenue $ 1,284,878 $ 1,150,000 $ 983,266 $ 1,055,000 $ $ 59,795,220 $ 61,075,757 $ 63,701,100 TOTAL ALL REVENUES 58,864,904 $ $ $ $ $ 6,694,571 (50,000) (4,286,743) 2,357,828 (102,080) (8,152) ,952 2,745 2,570, ,265 (483,457) (14,017) 294,399 - (16,810) - 75,403 (3,669) 71,734 2,625,343 Certified Estimated Taxable Property Value Estimated Major Property Category Taxable Value Taxable Value Taxable Value Residential & Rural Improved $ 1,068,900,474 $ 1,123,438,734 $ 1,276,151,310 Apartments 79,212,518 83,078,089 93,258,774 Commercial 934,527, ,554,824 1,175,014,516 Vacant Land 219,919, ,489, ,680,555 Industrial 2,641,259,193 2,813,178,141 3,142,358,662 Utility 112,356, ,769, ,297,360 Commercial Personal 504,708, ,330, ,058,063 Industrial Personal 1,169,790,772 1,176,761,758 1,145,261,775 All Other Property 4,645,193 4,645,193 4,012,763 Projected Taxable Value $ 6,735,319,506 $ 7,037,246,191 $ 7,718,093,778 14

17 La Porte Independent School District Combined Statement of Revenues, Expenditures and Changes in Fund Balance Adopted Budget GENERAL FUND - DETAILED BUDGET BY FUNCTION / OBJECT Delta to Actual Amended Estimated Adopted Budget Actual Budget Est Actual Revenues: 5700 Local Revenue $ 69,958,004 $ 72,800,064 $ 74,959,497 $ 81,816,659 $ 6,857, State Revenue 5,376,477 6,259,792 6,010,316 5,993,506 (16,810) 5900 Federal Revenue 1,284,878 1,150, ,266 1,055,000 71,734 Total Revenues 76,619,359 80,209,856 81,953,079 88,865,165 6,912,086 Expenditures: Operating 6100 Payroll Costs 32,853,620 34,182,504 34,111,415 36,543,281 2,431, Professional/Contracted Serv 511, , , , , Supplies & Materials 553, , , ,169 13, Other Operating Costs 116, , , ,163 1, C/O Furn, Equip & Software Instruction 34,035,721 35,521,561 35,391,323 37,963,877 2,572, Payroll Costs 337, , , ,966 71, Professional/Contracted Serv ,100 1, Supplies & Materials 58,900 98,215 88,951 82,005 (6,946) 6400 Other Operating Costs 1,130 1,500 1, (1,100) 12 Instrctn'l Resources & Media 397, , , ,471 64, Payroll Costs 333, , , ,635 78, Professional/Contracted Serv 30,418 37,129 19,826 23,816 3, Supplies & Materials 4,371 23,317 9,878 17,629 7, Other Operating Costs 72, , , ,595 (3,148) 13 Staff Development 440, , , ,675 86, Payroll Costs 1,071,779 1,125,245 1,178,665 1,294, , Professional/Contracted Serv 24,462 25,856 14,178 24,531 10, Supplies & Materials 13,954 14,563 14,153 15,710 1, Other Operating Costs 30,263 45,242 43,211 39,876 (3,335) 21 Instructional Administration 1,140,458 1,210,906 1,250,207 1,374, , Payroll Costs 3,806,484 4,028,927 3,922,214 4,079, , Professional/Contracted Serv 11, ,857 4, Supplies & Materials 21,008 29,772 23,380 29,145 5, Other Operating Costs 46,220 85,146 71,188 83,167 11, C/O Furn, Equip & Software Campus Administration 3,885,109 4,144,520 4,017,411 4,196, , Payroll Costs 1,863,569 1,923,913 1,960,537 2,040,918 80, Professional/Contracted Serv 14,988 5,300 5,000 6,600 1, Supplies & Materials 97, ,993 90,780 83,096 (7,684) 6400 Other Operating Costs 8,064 15,369 15,055 14,009 (1,046) 31 Guidance & Counseling 1,984,179 2,060,575 2,071,372 2,144,623 73,251 15

18 GENERAL FUND - DETAILED BUDGET BY FUNCTION / OBJECT Delta to Actual Amended Estimated Adopted Budget Actual Budget Est Actual 6100 Payroll Costs 96, , , ,477 4, Professional/Contracted Serv 96, , , , Supplies & Materials 348 3,075 1,873 2, Other Operating Costs 1,174 1,075 1,600 1,300 (300) 32 Social Work Services 194, , , ,682 4, Payroll Costs 708, , , ,619 30, Professional/Contracted Serv 1,224 3,551 3,463 3,351 (112) 6300 Supplies & Materials 10,810 13,103 12,521 13, Other Operating Costs 622 1, ,150 1, Health Services 721, , , ,501 32, Payroll Costs 2,405,436 2,628,298 2,724,025 2,832, , Professional/Contracted Serv 42,069 68,366 67,651 60,000 (7,651) 6300 Supplies & Materials 505, , , ,043 20, Other Operating Costs (69,457) (40,500) (61,995) (40,500) 21, C/O Furn, Equip & Software Student Transportation 2,883,581 3,227,841 3,288,960 3,432, , Payroll Costs 807, , , ,237 70, Professional/Contracted Serv 110, , , ,433 48, Supplies & Materials 181, , , ,588 (22,601) 6400 Other Operating Costs 158, , , ,411 21, C/O Furn, Equip & Software - 5, Cocurricular Activities 1,257,448 1,386,314 1,326,791 1,444, , Payroll Costs 2,000,867 2,157,345 1,997,756 2,154, , Professional/Contracted Serv 535, , , ,889 58, Supplies & Materials 39,549 44,090 42,623 38,983 (3,640) 6400 Other Operating Costs 242, , , ,130 8, C/O Furn, Equip & Software General Administration 2,817,984 3,122,617 2,908,852 3,129, , Payroll Costs 2,374,688 2,663,939 2,678,132 2,785, , Professional/Contracted Serv 2,793,724 2,919,468 2,762,721 2,871, , Supplies & Materials 305, , , , , Other Operating Costs 2,231,071 1,927,727 1,821,085 1,924, , C/O Furn, Equip & Software Plant Maint & Operations 7,704,953 7,842,204 7,590,399 8,022, , Payroll Costs 81, ,906 84,966 88,365 3, Professional/Contracted Serv 450, , , ,654 38, Supplies & Materials 101 1,900-1,900 1, Other Operating Costs 1,000 1,000 1,000 1, Security Services 533, , , ,919 44, Payroll Costs 1,195,411 1,258,375 1,264,058 1,351,185 87, Professional/Contracted Serv 5,900 50,200 7,494 65,898 58, Supplies & Materials 29,917 61,887 18,941 69,337 50, Other Operating Costs 12,351 21,150 17,679 20,200 2, C/O Furn, Equip & Software Data Processing 1,243,579 1,391,612 1,308,172 1,506, ,448 16

19 GENERAL FUND - DETAILED BUDGET BY FUNCTION / OBJECT Delta to Actual Amended Estimated Adopted Budget Actual Budget Est Actual 6100 Payroll Costs ,550 1, Professional/Contracted Serv 46,830 56,350 63,337 55,530 (7,807) 6300 Supplies & Materials 3,212 2,508 2,026 2, Other Operating Costs 2,798 3,373 3,618 3,540 (78) 61 Community Services 52,840 62,981 68,981 63,208 (5,773) 6100 Payroll Costs 49,938,057 52,881,056 52,567,820 56,073,635 3,505, Professional/Contracted Serv 4,674,848 4,914,686 4,548,745 4,993, , Supplies & Materials 1,826,154 2,339,481 2,189,464 2,365, , Other Operating Costs 2,855,074 2,751,994 2,597,325 2,759, , Capital Outlay Total Operating Expenditures 59,294,133 62,887,217 61,903,354 66,192,688 4,289,334 Intergovernmental 91 Recapture Costs 17,754,454 20,414,636 20,877,322 25,164,065 4,286, Shared Service Agreement 14, ,765 2, Juvenile Justice Alt Ed 19,620 19,800 19,800 19, Payments to Tax Increment Fund 1,253, ,000 1,407,986 1,235,630 (172,356) 99 Tax Appraisal & Collection 661, , , ,000 61,670 Total Expenditures 78,997,724 85,071,985 84,996,874 93,464,948 8,468,074 Other Financing Sources (Uses): 7990 Other Sources Other Uses Total Other Sources & Uses Impact on Fund Balance (2,378,365) (4,862,129) (3,043,795) (4,599,783) (1,555,988) Fund Balance - Beginning ,194,397 30,816,032 30,816,032 27,772,237 (3,043,795) Fund Balance - Ending $ 30,816,032 $ 25,953,903 $ 27,772,237 $ 23,172,454 $ (4,599,783) 17

20 Section II - Debt Service Fund 18

21 DEBT SERVICE FUND The debt service fund accounts for payments of principal, interest, and related fees on the district's general obligation bonds. A separate bank account must be kept for this fund. Under Texas law, only these debt service payments can be charged to this fund. Revenue is received from a designated allocation of the property tax rate. 19

22 La Porte Independent School District Combined Statement of Revenues, Expenditures and Changes in Fund Balance Adopted Budget DEBT SERVICE FUND Delta to Actual Amended Estimated Adopted Budget Actual Budget Est Actual I & S Tax Rate: $ $0.410 $0.410 $ Taxable Values $ 6,601,456,565 $7,037,246,191 $7,718,734,137 * $ 681,487,946 REVENUES: Property Taxes, Current Year $ 19,167,545 $ 28,036,570 $ 28,986,391 $ 31,644,185 $ 2,657,794 Delinquent Tax Collections 201, , , ,000 16,921 Investment Earnings 7,224 25,000 7,971 10,000 2,029 Total Revenues 19,376,347 28,411,570 29,187,440 31,864,185 2,676,745 EXPENDITURES: Bond Principal Payment 8,255,000 17,570,000 17,570,000 10,975,000 (6,595,000) Bond Interest Payment 8,748,929 10,378,397 10,378,396 11,471,603 1,093,207 Bond Fees 4,850 1,267,072 1,254,322 20,000 (1,234,322) Total Expenditures 17,008,779 29,215,469 29,202,718 22,466,603 (6,736,115) OTHER SOURCES & USES: Other Sources - (81,749,412) (81,749,408) - 81,749,412 Other Uses - 80,390,466 80,390,466 - (80,390,466) Total Other Sources & Uses - (1,358,947) (1,358,942) - 1,358,947 Impact on Fund Balance 2,367, ,047 1,343,664 9,397,582 8,053,917 Fund Balance - Beginning 6,407,019 8,774,586 8,774,586 10,118,250 1,343,664 Fund Balance - Ending $ 8,774,586 $ 9,329,633 $ 10,118,250 $ 19,515,832 9,397,582 Total Debt Principal Due Interest Due Interest Due Bonded Indebtedness Outstanding Unlimited Tax & Refunding Bonds, Series ,470,000 1,645, ,744 73,000 Unlimited Tax Schoolhouse Bonds, Series 2008A 1,965, ,000 74,938 38,750 Unlimited Tax Schoolhouse Bonds, Series ,745,000 1,030,000 1,109,716 1,078,816 Unlimited Tax Schoolhouse Bonds, Series 2010REF 11,705,000 3,035, , ,219 Unlimited Tax Schoolhouse Bonds, Series 2010A 5,135, , , ,363 Unlimited Tax Schoolhouse Bonds, Series 2010B (BABS) 18,880, , ,218 Unlimited Tax Refunding Bonds Series ,475,000 1,694,350 1,694,350 Unlimited Tax School Building Bonds Series ,735,000 2,105,000 4,183,125 4,119,975 Unlimited Tax Refunding Bonds Series ,965,000 1,510, , ,050 Unlimited Tax Refunding Bonds Series ,760,000 2,646,245 2,886,813 Totals $ 273,835,000 $ 10,975,000 $ 11,471,604 $ 11,360,553 20

23 La Porte Independent School District Statement of Outstanding Debt Requirements Total FYE Principal Outstanding Debt 6/30 Amount Interest Requirements ,975,000 11,471,603 22,446, ,635,000 11,360,552 22,995, ,240,000 10,920,784 22,160, ,435,000 10,410,440 21,845, ,135,000 9,956,115 22,091, ,330,000 9,416,925 21,746, ,555,000 8,860,334 21,415, ,810,000 8,265,040 21,075, ,095,000 7,660,667 20,755, ,615,000 7,033,067 20,648, ,125,000 6,462,676 20,587, ,600,000 5,856,526 20,456, ,270,000 5,269,756 18,539, ,725,000 4,755,913 18,480, ,195,000 4,254,050 18,449, ,695,000 3,682,525 18,377, ,170,000 3,146,050 10,316, ,460,000 2,859,250 10,319, ,765,000 2,560,850 10,325, ,125,000 2,250,250 10,375, ,540,000 1,844,000 10,384, ,980,000 1,417,000 10,397, ,440, ,000 10,408, ,920, ,000 10,416,000 Total $ 273,835,000 $ 141,178, ,013,374 La Porte Independent School District Outstanding Debt Requirements $25,000,000 $20,000,000 $15,000,000 $10,000,000 Interest Principal $5,000,000 $

24 Section III - Food Service Fund 22

25 FOOD SERVICE FUND (National School Breakfast and Lunch Program) The food service fund is to be used for programs using federal reimbursement revenues originating from the United States Department of Agriculture (USDA). This fund is considered a Special Revenue Fund since it meets the following criteria: User fees are charged to supplement the National School Lunch Program (NSLP) reimbursement -- i.e., students are charged for the meals. The general fund subsidizes the food service fund for all unpaid student accounts as of year end. This fund may have a fund balance not to exceed three months of operations, and fund balances are to be used exclusively for allowable child nutrition program purposes. 23

26 La Porte Independent School District Combined Statement of Revenues, Expenditures and Changes in Fund Balance Adopted Budget FOOD SERVICE FUND Delta to Actual Amended Estimated Adopted Revenues: Budget Actual Budget Est Actual 5700 Local Revenues $ 1,666,759 $ 1,436,500 $ 1,496,392 $ 1,502,500 $ 6, State Revenues 23,279 23,000 23,171 23,000 (171) 5900 Federal Revenues 2,336,229 2,333,000 2,219,831 2,450, ,169 Total Revenues 4,026,267 3,792,500 3,739,394 3,975, ,106 Expenditures: 35 Food Service Payroll & Benefits 1,721,408 1,875,336 1,717,076 2,052, , Contracted Services 32,710 43,500 31,470 46,500 15, Supplies & Materials 2,007,187 2,209,893 2,064,549 2,338, , Travel & Other Misc 16,011 21,500 15,552 21,500 5, Capital Outlay - 7,673 7,673 32,000 24,327 3,777,316 4,157,902 3,836,320 4,490, , Contracted Services 49,437 62,588 51,094 60,600 9,506 Total Expenditures 3,826,753 4,220,490 3,887,414 4,551, , Other Resources Other Uses Total Resources & Uses Impact on Fund Balance 199,514 (427,990) (148,020) (576,070) (428,050) Fund Balance - Beginning 1,715,151 1,914,665 1,914,665 1,766,645 (148,020) Fund Balance - Ending $ 1,914,665 $ 1,486,675 $ 1,766,645 $ 1,190,575 $ (576,070) 24

27 Section IV - Capital Projects Funds 25

28 CAPITAL PROJECTS FUNDS A capital projects fund is a governmental fund that must be used to account, on a project basis, for projects financed by the proceeds from bond issues, or for capital projects otherwise mandated to be accounted for in the fund. The Capital Projects Fund utilizes the modified accrual basis of accounting. Capital Projects Fund budgets do not require annual Board of Trustees adoption and are typically approved by the governing body on a projectlength basis. However, regardless of the legal requirements, the district includes these funds as part of the annual financial reports and the Board of Trustees are kept apprised of their status on a regular basis during the fiscal year. 26

29 LA PORTE INDEPENDENT SCHOOL DISTRICT Statement of Revenues, Expenditures and Unspent Project Funds CAPITAL PROJECT BUDGETS (FUND 649) Adopted Budget Proj Amended Prior Years Remaining # Account Description Budget Total Estimated Budget Budget REVENUES: Earnings from Investments 30,000 96, ,000 (166,349) Bond Proceeds (Net) & Other Revenue 260,000, ,000, ,000,000 30,000, TOTAL REVENUES 260,030, ,096, ,100,000 29,833,651 EXPENDITURES: 9C Lomax Elementary Rebuild 23,950,000 2,044,137 21,905,863-6D Baker 6th Grade Rebuild 26,987,500 1,471,135 25,516,365-5L,5M La Porte High School Rebuild 95,757,953 6,728,829 59,520,000 29,509,124 6C,9G La Porte Junior High, La Porte Elementary 24,250,000 1,970,460 16,529,540 5,750,000 9O,9E Lomax Junior High, College Park Elementary 15,800, ,901 14,736, ,000 9P,9N, 9B, 9D, 5W Bayshore, Heritage, Reid, Rizzuto, DeWalt 10,137,500 8,170 6,696,000 3,433,330 Y Technology 23,174,000 2,683,729 2,217,400 18,272,871 M Maintenance 24,826,000 2,348,136 2,400,000 20,077,864 T Transportation 5,000,000 1,399, ,000 3,100,530 F Fine Arts 4,000, , ,000 3,419,927 Contingency 6,147,047 24, ,600 5,940,431 TOTAL EXPENDITURES 260,030,000 20,022, ,403,867 89,604,077 Balance Forward 90,074,293 59,770,426 UNSPENT PROJECT FUNDS - 90,074,293 59,770,426-27

30 Section V - Other Special Revenue Funds 28

31 OTHER SPECIAL REVENUE FUNDS Special revenue funds are governmental funds used to account for the proceeds of specific revenue sources that are legally restricted to expenditures for specified purposes. These funds utilize the modified accrual basis of accounting. Other special revenue fund budgets (except for the food service fund) do not require Board of Trustees adoption or approval for routine budget amendments during the year. However, regardless of the legal requirements, these budgets are included as managerial level budgets. 29

32 La Porte Independent School District Summary of Revenues & Expenditures - Special Revenue Funds Adopted Budget Total ESEA IDEA IDEA Communities Voc Ed Title II Title III, LEP Title I Part B Part B In Basic Part A Language Summer REVENUES: Part A Formula Preschool Schools Grant Enhancement School 5700 Local Revenues $ - $ - $ - $ - $ - $ - - Textbook Fund $ $ - $ State Revenues Federal Revenues 781,289 1,266,155 28,776 67,200 60, ,958 66,514 7,600 1,200,000 3,695,015 Total Revenues 781,289 1,266,155 28,776 67,200 60, ,958 66,514 7,600 1,200,000 3,695,015 All EXPENDITURES: 11 Instruction 781, ,355 27,776 67,200 55,523 66, ,200,000 3,017, Instrctn'l Resources/Media - 13 Staff Development 13,000 5, ,701 7, , Instructional Administration 17,500 17, Campus Administration 1,300 67,257 68, Guidance & Counseling 340, , Social Work Services - 33 Health Services 1,000 1, Student Transportation - 35 Food Services - 36 Cocurricular Activities - 41 General Administration - 51 Plant Maintenance - 52 Security - 53 Data Processing - 61 Community Services - 93 Shared Serv Arrangement 76,000 76,000 Total Expenditures $ 781,289 $ 1,266,155 $ 28,776 $ 67,200 $ 60,523 $ 216,958 $ 66,514 $ 7,600 $ 1,200,000 $ 3,695,015 LPISD Grant Status Estimated Estimated Estimated Estimated Estimated Estimated Estimated Estimated Estimated 30

33 Appendices 31

34 32

35 33

36 34

37 35

38 36

39 37

40 A B D E F G H District Name: LA PORTE ISD County-District No.: Run Date: 7/1/2015 Date Prepared: Template for Estimating Total State Aid - Property of BOSC, Inc. by Omar Garcia, BOSC, Inc. This template is designed to calculate revenue based on the school finance provisions enacted by the 84th Session of the Texas Legisla and is based on my current understanding of those provisions and of previous laws. MY UNDERSTANDING IS ABSOLUTELY SUBJECT TO CHANGE AT ANY TIME. Funding Elements Students Data Entry Data Entry Refined ADA (PreK - 12) 7, , High School Refined ADA (Grades 9 thru 12 only) 2, , Special Education Instructional Arrangement FTEs: Homebound (Code 01) Hospital Class (Code 02) Speech Therapy (Code 00) Resource Room (Code 41,42) S/C Mild/Mod/Severe (Code 43, 44, & 45) Off Home Campus (Codes 91-98) VAC (Code 08) State Schools (Code 30) Nonpublic Contracts Res Care & Treatment (Code 81-89) Mainstream ADA Career & Technology FTEs Advanced Career & Technology FTEs Compensatory Ed Enrollment 3, , FTEs of Pregnant Students Bilingual ADA G & T Enrollment Public Ed Grant Student ADA New Instructional Facility Allotment (NIFA) ADA Staff # of Full-time Employees (excluding admin & teachers, etc) # of Part-time Employees (excluding administrators) TAX 2014 TAX Property Values YEAR YEAR State Certified Property Value ("T2" value) 6,809,372,010 7,215,865,803 State Certified Property Value ("T8" value) 6,901,696,228 7,327,889,753 Tax Rates and Collections M&O Adopted Tax Rate M&O Tax Adopted M&O Rate 71,654,306 79,465,493 M&O Taxes Attributed to Change in Optional Homestead Exemption 0 0 I&S Adopted Tax Rate I&S Tax Collections 29,059,469 31,714,354 Unequalized Collections Used for EDA/IFA Local Share 0 0 Other Data Transportation Allocation 593, ,749 Texas School for the Deaf Students Texas School for the Blind Students Total Tax Levy 88,776, ,639,674 Charge for Adv Placement Tests (enter as positive or negative #) 0 0 Charge for Early Child Intervention (enter as positive or negative #) 0 0 Tuition Paid If Less Than 12 Grades 0 0 Bond Payment (not including Qualified School Constr Bnd Payments) 28,425,608 22,446,603 State Aid Reduction for WADA Sold (enter as negative #) 0 0 Supplemental TIF Payment From TEA 0 0 Tax Credit for Tax Code, Chapter 313 Value Limitations 0 0 Other Adjustments for M&O Tax Collections 0 0 Tuition Allotment (42.106) RPAF Adjustment (if negative, enter as negative #) LPE Current Foundation School Fund Allocation (see Column U) 1,266,699 0 Foundation School Fund Adjustments to Date (see Column U) (2,290,596) 0 Chapter 41 Data Q. Chapter 41 District? - if yes, change to Y y y Q. First-Time Chapter 41 district? (beginning with or later) n n Enrollment 7,626 7,673 # of Non-Resident Students Who Are Charged Tuition 0 0 County Appraisal District (CAD) Cost 661, ,254 CAD Cost Paid by Partner's, if applicable 0 0 # of Resident Students Being Educated by Another District 0 for which the District is Paying Tuition 0 0 Amount of Tuition Paid per Student 0 0 Chapter 42 Funding Credit Against Recapture (enter as negative #) 0 0 Q. Was the least expensive Option chosen? ($476,500 level) Y Y Q. Was the least expensive Option chosen? ($319,500 level) Y Y Effective M&O Tax Rate / Notice Data Projected Collection Rate for Current Levy (98%=.98; 100%=1, etc.) Total Taxable Value 7,718,734,137 Certified Excess 2014 Debt Collections 0 TRE Cents Approved by the District's Voters (enter as.09,.13, etc)

41 A B D E F G H Data Automatically Loaded M&O Compressed Rate Highest Grade Taught Square Miles Miles From Nearest HS 0 0 Unadjusted Cost of Education Index M&O Adopted Tax Rate WADA Transportation Allotment New Instructional Facilities Allotment (NIFA) Adopted M&O Tax Rate Total Refined ADA Adjusted Total Refined ADA I&S Tax Collections EDA Local Share IFA Local Share for Bonded Debt 2009 CPTD Value Total Refined ADA Adjusted HB 1 Revenue per WADA Total Refined ADA 2011 CPTD "T8" Value I&S Tax Collections Bond Payment for EDA IFA Eligible Debt Payments for IFA Chapter 41 Data: M&O Tax Collections CED Distribution Chapter 36 WADA 1991 CPTD Property Value 39

42 The format of the following Summary of Finances report mirrors (for the most part) the report 84th Legislative Session generated by TEA. "LPE" data is not on this report. Release 2 6/3/ Summary of Finances LA PORTE ISD Funding Elements From Students Date Entry 1. Refined Average Daily Attendance (ADA) 7, Regular Program ADA (Line 1 - Line 3 - Line 4) (Link to Detail Report) 6, Special Education FTEs (Link to Detail Report) Career & Technology FTEs Advanced Career & Technology FTEs High School ADA 2, Weighted ADA (WADA) (Link to Detail Report) 9, Prior Year Refined ADA 7, Texas School for the Blind and Visually Impaired ADA Texas School for the Deaf ADA Staff 11. Full-time Staff (not MSS) Part-time Staff (not MSS) 127 Property Values (current tax year) Locally Certified Property Value Not Needed (prior tax year) State Certified Property Value ("T2" value) 6,809,372,010 Tax Rates and Collections Adopted M&O Tax Rate (current tax year) Compressed M&O Tax Rate Average Tax Collection Rate Not Needed (current tax year) M&O Tax Rate (current year) M&O Tax Collections (Link to Detail Report) $71,654, (current year) I&S Tax Collections $29,059, Total Tax Collections $100,713, (current year) Total Tax Levy $88,776,801 Funding Components 23. Adjusted Allotment (Link to Detail Report) $5, Revenue at Compressed Rate (RACR) per WADA $5, Cost of Education Index (CEI) Adjusted CEI Per Capita Rate $

43 Tier I Allotments Program Intent Codes - Allotments Regular Program Allotment $36,633, Special Education Adjusted Allotment (Spend 52%) $4,885, Career & Technology Allotment (Spend 58%) $2,866, Gifted & Talented Adjusted Allotment (Spend 55%) $238, Comp Ed Allotment (Spend 52%) (no Detail Report included) $4,314, Bilingual Education Allotment (Spend 52%) $340, Public Education Grant $ New Instructional Facilities Allotment (NIFA) $ Transportation Allotment (no Detail Report included) $593, High School Allotment $570, Total Cost of Tier I (Link to Tier I Detail Report) $50,443, Less: Local Fund Assignment $68,093, State Share of Tier I ($17,649,931) 41. Per Capita Distribution from the Available School Fund (ASF) $1,834,160 Foundation School Program (FSP) State Funding 42. Greater of State Share of Tier I or (ASF+NIFA+HS) $2,405, Tier II State Aid (Link to Tier II Detail Report) $0 44. Other Programs (Link to Detail Report) $684, Less: Total Available School Fund ($ * Prior Year ADA) ($1,834,160) 46. Total FSP Operating Fund $1,255,685 State Aid by Funding Source Fund Code/Object Code - Funding Source / Foundation School Fund $1,255, / Available School Fund $1,834, / Existing Debt Allotment (EDA) (Link to Detail Report) $ / Instructional Facilities Allotment (IFA) (Bond) (Link to Detail Report) $ / Instructional Facilities Allotment (Lease Purchase) (See Link Above) $0 52. TOTAL FSP/ASF STATE AID $3,089, FSP Allocations and Adjustments Report (Link to Detail Report) ADDITIONAL INFO: (Not on TEA's Summary of Finances) SUMMARY OF TOTAL STATE/LOCAL M&O REVENUE: 54. M&O Rev From State (not including Fund 599) $3,089, M&O Rev From Local Taxes (net of recapture and up to compressed rate) $47,995, M&O Rev From Local Taxes (up to $.06 above compressed rate; no recapture) $2,755, M&O Rev From Local Taxes (net of any recapture) $0 58. Additional M&O Rev Resulting From ASATR Credit Against Recapture $ TOTAL STATE/LOCAL M&O REVENUE $53,840, Less: Credit Balance Due State (See Foundation School Fund balance above) $ NET TOTAL STATE/LOCAL M&O REVENUE $53,840,888 SUMMARY OF TOTAL CHAPTER 41 RECAPTURE: 62. Recapture at the $ Level $20,903, Recapture at the $ Level $0 64. Total Recapture $20,903, Less: ASATR Credit Against Recapture $0 66. Total Recapture Payments To TEA (Link to Detail Report) $20,903,263 41

44 The format of the following Summary of Finances report mirrors (for the most part) the report 84th Legislative Session generated by TEA. "LPE" data is not on this report. Release 2 6/3/ Summary of Finances LA PORTE ISD Funding Elements From Students Date Entry 1. Refined Average Daily Attendance (ADA) 7, Regular Program ADA (Line 1 - Line 3 - Line 4) (Link to Detail Report) 6, Special Education FTEs (Link to Detail Report) Career & Technology FTEs Advanced Career & Technology FTEs High School ADA 2, Weighted ADA (WADA) (Link to Detail Report) 9, Prior Year Refined ADA 7, Texas School for the Blind and Visually Impaired ADA Texas School for the Deaf ADA Staff 11. Full-time Staff (not MSS) Part-time Staff (not MSS) 127 Property Values (current tax year) Locally Certified Property Value Not Needed (prior tax year) State Certified Property Value ("T2" value) 7,215,865,803 Tax Rates and Collections Adopted M&O Tax Rate (current tax year) Compressed M&O Tax Rate Average Tax Collection Rate Not Needed (current tax year) M&O Tax Rate (current year) M&O Tax Collections (Link to Detail Report) $79,465, (current year) I&S Tax Collections $31,714, Total Tax Collections $111,179, (current year) Total Tax Levy $112,639,674 Funding Components 23. Adjusted Allotment (Link to Detail Report) $5, Revenue at Compressed Rate (RACR) per WADA $5, Cost of Education Index (CEI) Adjusted CEI Per Capita Rate $

45 Tier I Allotments Program Intent Codes - Allotments Regular Program Allotment $37,356, Special Education Adjusted Allotment (Spend 52%) $4,981, Career & Technology Allotment (Spend 58%) $2,923, Gifted & Talented Adjusted Allotment (Spend 55%) $243, Comp Ed Allotment (Spend 52%) (no Detail Report included) $4,399, Bilingual Education Allotment (Spend 52%) $346, Public Education Grant $ New Instructional Facilities Allotment (NIFA) $ Transportation Allotment (no Detail Report included) $593, High School Allotment $570, Total Cost of Tier I (Link to Tier I Detail Report) $51,415, Less: Local Fund Assignment $72,158, State Share of Tier I ($20,742,892) 41. Per Capita Distribution from the Available School Fund (ASF) $2,027,074 Foundation School Program (FSP) State Funding 42. Greater of State Share of Tier I or (ASF+NIFA+HS) $2,597, Tier II State Aid (Link to Tier II Detail Report) $0 44. Other Programs (Link to Detail Report) $196, Less: Total Available School Fund ($ * Prior Year ADA) ($2,027,074) 46. Total FSP Operating Fund $767,225 State Aid by Funding Source Fund Code/Object Code - Funding Source / Foundation School Fund $767, / Available School Fund $2,027, / Existing Debt Allotment (EDA) (Link to Detail Report) $ / Instructional Facilities Allotment (IFA) (Bond) (Link to Detail Report) $ / Instructional Facilities Allotment (Lease Purchase) (See Link Above) $0 52. TOTAL FSP/ASF STATE AID $2,794, FSP Allocations and Adjustments Report (Link to Detail Report) ADDITIONAL INFO: (Not on TEA's Summary of Finances) SUMMARY OF TOTAL STATE/LOCAL M&O REVENUE: 54. M&O Rev From State (not including Fund 599) $2,794, M&O Rev From Local Taxes (net of recapture and up to compressed rate) $51,245, M&O Rev From Local Taxes (up to $.06 above compressed rate; no recapture) $3,056, M&O Rev From Local Taxes (net of any recapture) $0 58. Additional M&O Rev Resulting From ASATR Credit Against Recapture $ TOTAL STATE/LOCAL M&O REVENUE $57,095, Less: Credit Balance Due State (See Foundation School Fund balance above) $ NET TOTAL STATE/LOCAL M&O REVENUE $57,095,727 SUMMARY OF TOTAL CHAPTER 41 RECAPTURE: 62. Recapture at the $ Level $25,164, Recapture at the $ Level $0 64. Total Recapture $25,164, Less: ASATR Credit Against Recapture $0 66. Total Recapture Payments To TEA (Link to Detail Report) $25,164,065 43

46 The format of the following Cost of Recapture report mirrors (for the most part) the report 84th Legislative Session generated by TEA. The $319,500 recapture level follows the first level report. Release 2 6/3/ Cost of Recapture - Level 1 LA PORTE ISD Cost of Recapture Based on Data Entry Equalized Wealth Level = ($504000) Option 3 Option M&O Tax Collections $14,927,545 $14,927, CED Distribution $19,417,505 $19,417, Chapter 36 WADA 8, , State Certified Property Value $2,950,398,018 $2,950,398, M&O Tax Collections $68,898,371 $68,898, Adopted M&O Tax Rate $ $ a Compressed M&O Rate $ $ Chapter 41 WADA 9, , State Certified Property Value Adjusted for Decline, if any $6,809,372,010 $6,809,372, ASF Amount $1,834,160 $1,834, Transfers Out, for Which Tuition is Paid Tuition Paid per Student $0 $0 12. New Instructional Facilities Allotment (NIFA) $0 $0 Type of Calculation Hold Harmless Tax Rate Total M&O Tax Revenue $34,345,050 $34,345, WADA Ratio (Current Year to ) M&O Revenue Adjusted for WADA $38,924,175 $38,924, M&O Revenue Adjusted for WADA Less ASF $37,090,015 $37,090, Effective M&O Tax Rate Hold Harmless Effective Tax Rate Tax Base at Equalized Level 19. Tax Base at Equalized Level $4,690,668,528 $4,690,668,528 Tax Base at Hold Harmless Level Hold Harmless Tax Base $2,472,667,679 N/A 21. Hold Harmless Tax Base Retained per WADA $265,682 N/A 22. Adjusted Hold Harmless Tax Base Retained per WADA $454,611 N/A 23. Adjusted Tax Base at Hold Harmless Level $4,231,009,140 N/A 24. Tax Base Retained $4,690,668,528 $4,690,668, Excess Tax Base $2,118,703,482 $2,118,703, Proportional Tax Base Reduction Cost of Buying WADA Before Cost Discounts 27. Cost Before Any Discounts $21,437,398 $21,437, Additional WADA Needed to Equalize Wealth 4, , Cost per WADA: per of the TEC (Est Min = $2,780) $5,100 $5, WADA Credit for Tuition Paid WADA Credit for NIFA WADA Needed to be Purchased 4, , Adjusted Cost After WADA Credit $21,437,398 $21,437,398 Potential Cost Discounts Early Agreement Credit 34. 4% of Cost Before Discounts $857,496 N/A 35. $80 * Each WADA Needed to Equalize Wealth $336,302 N/A 36. Credit Amount $336,302 N/A 44

47 Credit for CAD Costs CAD Cost $661,254 $661, Cost Before Discounts $21,437,398 $21,437, M&O Tax Collections $68,898,371 $68,898, Credit Amount $197,833 $0 41. CAD Credit Balance From Prior Years $0 $0 42. Unclaimed Historical CAD Credit $0 $0 43. Total CAD Credit Amount $197,833 $0 Estimated Final Costs 44. Cost With No Discounts $21,437,398 $21,437, Final Discounted Cost $20,903,263 $21,437, Final Cost per WADA $4,972 $5,100 Final Cost Calculation of Chapter 41 WADA Chapter 42 WADA 9, , Non-Resident Students Charged Tuition Enrollment 7,626 7,626 Type of Calculation Resident Student Adjustment Non-Resident Students Charged Tuition Chapter 42 WADA to Enrollment Ratio Non-Residents Converted to WADA Chapter 41 WADA 53. TEA Calculation of Chapter 41 WADA 9, , Link Back to ASATR Detail Report Report-ASATR

48 Or, Link Back to Report-SOF Cost of Recapture - Level 3 LA PORTE ISD Report-SOF1415 Cost of Recapture Based on Data Entry Equalized Wealth Level = ($319500) Option 3 Option M&O Tax Collections $14,927,545 $14,927, CED Distribution $19,417,505 $19,417, Chapter 36 WADA 8, , State Certified Property Value $2,950,398,018 $2,950,398, M&O Tax Collections $0 $ Adopted M&O Tax Rate $ $ a Compressed M&O Rate $ $ Chapter 41 WADA 9, , State Certified Property Value Adjusted for Decline, if any $6,809,372,010 $6,809,372, ASF Amount $1,834,160 $1,834, Transfers Out, for Which Tuition is Paid Tuition Paid per Student $0 $0 12. New Instructional Facilities Allotment (NIFA) $0 $0 Type of Calculation Hold Harmless Tax Rate Total M&O Tax Revenue $34,345,050 $34,345, WADA Ratio (Current Year to ) M&O Revenue Adjusted for WADA $38,924,175 $38,924, M&O Revenue Adjusted for WADA Less ASF $37,090,015 $37,090, Effective M&O Tax Rate Hold Harmless Effective Tax Rate Tax Base at Equalized Level 19. Tax Base at Equalized Level $2,973,548,799 $2,973,548,799 Tax Base at Hold Harmless Level Hold Harmless Tax Base $2,472,667,679 N/A 21. Hold Harmless Tax Base Retained per WADA $265,682 N/A 22. Adjusted Hold Harmless Tax Base Retained per WADA $298,997 N/A 23. Adjusted Tax Base at Hold Harmless Level $2,782,732,357 N/A 24. Tax Base Retained $2,973,548,799 $2,973,548, Excess Tax Base $3,835,823,211 $3,835,823, Proportional Tax Base Reduction Cost of Buying WADA Before Cost Discounts 27. Cost Before Any Discounts $0 $0 28. Additional WADA Needed to Equalize Wealth Cost per WADA: per of the TEC (Est Min =$35.57) $0 $0 30. WADA Credit for Tuition Paid WADA Credit for NIFA WADA Needed to be Purchased Adjusted Cost After WADA Credit $0 $0 Potential Cost Discounts Early Agreement Credit 34. 4% of Cost Before Discounts $0 N/A 35. $80 * Each WADA Needed to Equalize Wealth $0 N/A 36. Credit Amount $0 N/A Credit for CAD Costs CAD Cost $661,254 $661, Cost Before Discounts $0 $ M&O Tax Collections $0 $ Credit Amount $0 $0 41. CAD Credit Balance From Prior Years $0 $0 42. Unclaimed Historical CAD Credit $0 $0 43. Total CAD Credit Amount $0 $0 Estimated Final Costs 44. Cost With No Discounts $0 $0 45. Final Discounted Cost $0 $0 46

49 46. Final Cost per WADA $0 $0 Final Cost Calculation of Chapter 41 WADA Chapter 42 WADA 9, , Non-Resident Students Charged Tuition Enrollment 7,626 7,626 Type of Calculation Resident Student Adjustment Non-Resident Students Charged Tuition Chapter 42 WADA to Enrollment Ratio Non-Residents Converted to WADA Chapter 41 WADA 53. TEA Calculation of Chapter 41 WADA 9, , Link Back to ASATR Detail Report Report-ASATR

50 The format of the following Cost of Recapture report mirrors (for the most part) the report 84th Legislative Session generated by TEA. The $319,500 recapture level follows the first level report. Release 2 6/3/ Cost of Recapture - Level 1 LA PORTE ISD Cost of Recapture Based on Data Entry Equalized Wealth Level = ($514000) Option 3 Option M&O Tax Collections $14,927,545 $14,927, CED Distribution $19,417,505 $19,417, Chapter 36 WADA 8, , State Certified Property Value $2,950,398,018 $2,950,398, M&O Tax Collections $76,409,128 $76,409, Adopted M&O Tax Rate $ $ a Compressed M&O Rate $ $ Chapter 41 WADA 9, , State Certified Property Value Adjusted for Decline, if any $7,215,865,803 $7,215,865, ASF Amount $2,027,074 $2,027, Transfers Out, for Which Tuition is Paid Tuition Paid per Student $0 $0 12. New Instructional Facilities Allotment (NIFA) $0 $0 Type of Calculation Hold Harmless Tax Rate Total M&O Tax Revenue $34,345,050 $34,345, WADA Ratio (Current Year to ) M&O Revenue Adjusted for WADA $38,921,821 $38,921, M&O Revenue Adjusted for WADA Less ASF $36,894,747 $36,894, Effective M&O Tax Rate Hold Harmless Effective Tax Rate Tax Base at Equalized Level 19. Tax Base at Equalized Level $4,783,447,966 $4,783,447,966 Tax Base at Hold Harmless Level Hold Harmless Tax Base $2,459,649,770 N/A 21. Hold Harmless Tax Base Retained per WADA $264,299 N/A 22. Adjusted Hold Harmless Tax Base Retained per WADA $460,635 N/A 23. Adjusted Tax Base at Hold Harmless Level $4,286,818,171 N/A 24. Tax Base Retained $4,783,447,966 $4,783,447, Excess Tax Base $2,432,417,837 $2,432,417, Proportional Tax Base Reduction Cost of Buying WADA Before Cost Discounts 27. Cost Before Any Discounts $25,756,982 $25,756, Additional WADA Needed to Equalize Wealth 4, , Cost per WADA: per of the TEC (Est Min = $2,780) $5,443 $5, WADA Credit for Tuition Paid WADA Credit for NIFA WADA Needed to be Purchased 4, , Adjusted Cost After WADA Credit $25,756,982 $25,756,982 Potential Cost Discounts Early Agreement Credit 34. 4% of Cost Before Discounts $1,030,279 N/A 35. $80 * Each WADA Needed to Equalize Wealth $378,586 N/A 36. Credit Amount $378,586 N/A 48

51 Credit for CAD Costs CAD Cost $661,254 $661, Cost Before Discounts $25,756,982 $25,756, M&O Tax Collections $76,409,128 $76,409, Credit Amount $214,331 $0 41. CAD Credit Balance From Prior Years $0 $0 42. Unclaimed Historical CAD Credit $0 $0 43. Total CAD Credit Amount $214,331 $0 Estimated Final Costs 44. Cost With No Discounts $25,756,982 $25,756, Final Discounted Cost $25,164,065 $25,756, Final Cost per WADA $5,317 $5,443 Final Cost Calculation of Chapter 41 WADA Chapter 42 WADA 9, , Non-Resident Students Charged Tuition Enrollment 7,673 7,673 Type of Calculation Resident Student Adjustment Non-Resident Students Charged Tuition Chapter 42 WADA to Enrollment Ratio Non-Residents Converted to WADA Chapter 41 WADA 53. TEA Calculation of Chapter 41 WADA 9, , Link Back to ASATR Detail Report Report-ASATR

52 Or, Link Back to Report-SOF Cost of Recapture - Level 3 LA PORTE ISD Report-SOF1516 Cost of Recapture Based on Data Entry Equalized Wealth Level = ($319500) Option 3 Option M&O Tax Collections $14,927,545 $14,927, CED Distribution $19,417,505 $19,417, Chapter 36 WADA 8, , State Certified Property Value $2,950,398,018 $2,950,398, M&O Tax Collections $0 $ Adopted M&O Tax Rate $ $ a Compressed M&O Rate $ $ Chapter 41 WADA 9, , State Certified Property Value Adjusted for Decline, if any $7,215,865,803 $7,215,865, ASF Amount $2,027,074 $2,027, Transfers Out, for Which Tuition is Paid Tuition Paid per Student $0 $0 12. New Instructional Facilities Allotment (NIFA) $0 $0 Type of Calculation Hold Harmless Tax Rate Total M&O Tax Revenue $34,345,050 $34,345, WADA Ratio (Current Year to ) M&O Revenue Adjusted for WADA $38,921,821 $38,921, M&O Revenue Adjusted for WADA Less ASF $36,894,747 $36,894, Effective M&O Tax Rate Hold Harmless Effective Tax Rate Tax Base at Equalized Level 19. Tax Base at Equalized Level $2,973,368,921 $2,973,368,921 Tax Base at Hold Harmless Level Hold Harmless Tax Base $2,459,649,770 N/A 21. Hold Harmless Tax Base Retained per WADA $264,299 N/A 22. Adjusted Hold Harmless Tax Base Retained per WADA $297,441 N/A 23. Adjusted Tax Base at Hold Harmless Level $2,768,082,043 N/A 24. Tax Base Retained $2,973,368,921 $2,973,368, Excess Tax Base $4,242,496,883 $4,242,496, Proportional Tax Base Reduction Cost of Buying WADA Before Cost Discounts 27. Cost Before Any Discounts $0 $0 28. Additional WADA Needed to Equalize Wealth Cost per WADA: per of the TEC (Est Min =$35.57) $0 $0 30. WADA Credit for Tuition Paid WADA Credit for NIFA WADA Needed to be Purchased Adjusted Cost After WADA Credit $0 $0 Potential Cost Discounts Early Agreement Credit 34. 4% of Cost Before Discounts $0 N/A 35. $80 * Each WADA Needed to Equalize Wealth $0 N/A 36. Credit Amount $0 N/A Credit for CAD Costs CAD Cost $661,254 $661, Cost Before Discounts $0 $ M&O Tax Collections $0 $ Credit Amount $0 $0 41. CAD Credit Balance From Prior Years $0 $0 42. Unclaimed Historical CAD Credit $0 $0 43. Total CAD Credit Amount $0 $0 Estimated Final Costs 44. Cost With No Discounts $0 $0 45. Final Discounted Cost $0 $0 50

53 46. Final Cost per WADA $0 $0 Final Cost Calculation of Chapter 41 WADA Chapter 42 WADA 9, , Non-Resident Students Charged Tuition Enrollment 7,673 7,673 Type of Calculation Resident Student Adjustment Non-Resident Students Charged Tuition Chapter 42 WADA to Enrollment Ratio Non-Residents Converted to WADA Chapter 41 WADA 53. TEA Calculation of Chapter 41 WADA 9, , Link Back to ASATR Detail Report Report-ASATR

54 52