College Station Independent School District. Budget. for the Fiscal Year

Transcription

1 College Station Independent School District Budget for the Fiscal Year Adopted by the CSISD School Board August 15, 217

2 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT BOARD OF SCHOOL TRUSTEES Dr. Valerie Jochen, President Mr. Jeff Harris, Vice President Ms. Carol Barrett, Secretary Mr. Mike Nugent, Trustee Mr. Michael Schaefer, Trustee Dr. Michael Wesson, Trustee Mr. Quinn Williams, Trustee SUPERINTENDENT Dr. Clark Ealy Mike Martindale, Deputy Superintendent/CFO Greg Mcintyre, Chief Administrative Officer Dr. Penny Tramel, Chief Academic Officer 2

3 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT BUDGET FOR FISCAL YEAR TABLE OF CONTENTS OVERVIEW Budget Overview Page No. 5 OFFICIAL BUDGET Combined Budget of Revenues and Appropriations Official Budget 1 11 REVENUE Sources of Revenue Tax Rate Summary and History Impact of Proposed Tax Levy on Average Residence Comparison oftax Levy on Various Home Values Certified Tax Roll Comparison APPROPRIATIONS Appropriations by Object Category- General Fund Appropriations by Functional Category - General Fund 29 3 DEBT REQUIREMENTS Debt Service Requirements 32 3

4 OVERVIEW 4

5 BUDGET OVERVIEW One of the by-products of the budgeting process is the opportunity for the District to communicate to the community, staff and students some of the District's strengths and challenges in an environment that promotes trust. Growth The District continues to experience growth in student enrollment and average daily attendance (ADA). The preliminary enrollment projections for the school year continue to trend upward. ADA for the school year increased over the school year by 1.72 percent. The District experienced an average annual rate of growth in ADA for the five year period beginning with the school year and ending with the school year of 4.33 percent. The chart below provides a visual depiction of the District's ADA statistics for the past twelve years. Average Daily Attendance 11,5 1,5 9,5 8,5 7,5 Increasing enrollment can be seen as a signal that the community is a vibrant place where families want to reside. It also is an indicator that the constituents of College Station lsd 5

6 want their children to be a part of the District. Every effort is made by the District to provide a safe and healthy learning environment that encourages academic, social and emotional success for each student. Property Values The total taxable value of all property within the boundaries of the District continues to increase. The 217 certified tax roll indicates that the freeze adjusted taxable value of property within the District increased by percent over the same category in 216. The District has experienced an average rate of increase in freeze adjusted taxable value of 8.1 percent over the previous five years. This is a key factor for the District to continue its ability to generate revenues to fund its debt service. Freeze Adjusted Taxable Property Values,9,5 8,5 I 7,5-1 ~ 6,5 t ~ I I 5,5 4,5 I 3,5 g... <").., ( g ""... ~!!? - ~ cv cv ~ cv ~ ~ ~ ~ ~ ~ ~ Tax Year "" Legislative Scenario The 85th regular legislative session failed to produce any new revenue by the state to support Texas public school children. With the state's failure to act, the burden to fund public schools continues to shift more and more toward the local taxpayer and a reliance on local tax dollars to educate the children of public schools. At the time of this budget being proposed, our legislators are currently reconvened in a special session. College Station ISD eagerly awaits the results of the special session and hopes it brings increased 6

7 state funding back to the children of public schools throughout the state, in turn relieving the increasing burden that has been placed on local taxpayers. Future Vision from a Budget Perspective The vision for the current budget development process has been to provide adequate resources to support the success of current students while at the same time placing the District in a fmancial position so that future growth needs can be met to support the success of future students. Due to continuing student enrollment growth, the need for future construction of new facilities continues to be a focus of the District. A direct result of this was the successful passage of the $135.9 million bond election in November 215. The District's 3rd intermediate school, Pecan Trail, will open in August 217. The 3rd middle school, Wellborn Middle, is scheduled to open in August 218 and the loth elementary school is scheduled to open in August 219. The failure of the 83rd and 84th Texas Legislatures to reinstate all lost revenues since 211 continues to be monitored by the Board of Trustees and CSISD leadership. Continued inaction on the part of the Legislature in the future could result in reductions in discretionary programs, less individualized student support, larger class sizes, and less than sufficient cost of living increases for current employees. Human Resources The proposed budget includes a 1.5% salary increase for all employees plus salary equity adjustments for some employees which were a result of a review performed by the Texas Association of School Boards (TASB) in fiscal The District's contribution to the employee's health insurance program will increase by $1 per month over the contribution rate and remain four (4) tiered for a monthly contribution rate of $45/4 7/435/485 respectively for the four participant levels of employee only, employee plus spouse, employee plus children and employee plus family. The monthly contribution is available to employees regularly scheduled to work 2 or more hours per week. In addition, beginning in fiscal215, CSISD contributes to TRS 1.5% of the state statutory minimum salary (SSMT) for all applicable SSMT employees plus 1.5% of the total salary for all non-ssmt employees. This mandate was funded by the state in fiscal 215 only. The law is still in place for the school year, and is the third year of a state unfunded mandate. The cost to the District is $.8 million, $.9 million and estimated to be $.9 million in fiscal214-15, and , respectively. The 84th Texas Legislature approved an increase deduction for each TRS eligible employee's gross salary for retirement from 7.2% to 7.7% for fiscal This was the final year of a 3 year planned increase by TRS to the employee of.5% each year. Additional personnel positions have been added to meet the state required maximum student to teacher ratio of 22:1 in elementary classrooms. Personnel units were added to 7

8 the District to support the opening of our third intermediate school, Pecan Trail. New personnel units were also added to College View High School to continue to create increased educational opportunities for students choosing to attend our high school of choice. Proposed Tax Rate The proposed total tax rate of $1.398 per one hundred dollars in taxable property valuation is comprised of the following components: Maintenance and Operations Debt Service Total Rate $ $1.398 This proposed tax rate represents.14% change from the tax rate from 216. compares to tax rates for the last few years as follows: This $ $ $ $ $1.32 $1.38 $ $1.396 Acknowledgments We appreciate the continuing support of the College Station Independent School District Board of Trustees, and the community, for continuing to make resources available to the District to facilitate the success of each student. Our pledge is to be good stewards of the resources entrusted to us as we develop, implement and maintain excellent educational opportunities to meet the unique needs of all students of the College Station Independent School District. Superintendent Debra Parks Director, Business Services 8

9 OFFICIAL BUDGET 9

10 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT COMBINED BUDGET OF REVENUES AND APPROPRIATIONS ALL FUND TYPES FOR THE FISCAL YEAR ENDING AUGUST 31, 218 ESTIMATED REVENUES LOCAUINTERMEDIATE Property Tax Interest Earned Child Nutrition Co-Curricular Other Revenues TOTAL LOCAUINTERMED. STATE SOURCES Available School Fund Foundation School Fund TRS On-Behalf Other State Revenues TOTAL STATE General Fund $97,576,614 $ $ $ 45, $ 528,496 3,63,8 33, 5, 2,157,97 98,856,614 3,63,8 528,496 2,157,97 2,483,86 5,259,354 4,729,312 12,472,526 $ $33,588,873 $131,165,487 13, 15, 1,141,496 3,63,8 33, 2, 2,857,97 213, 33,738, ,558,69 2,483,86 5,259,354 4,729, ,566 13,58,92 FEDERAL SOURCES National School Lunch/Breakfast Other F edera I TOTAL FEDERAL Ol 5oo.ooo 1 5oo,ooo I TOTAL ESTIMATED REVENUES I 111,829,14 I 528,496 I 2,157,so7 I 213,ooo I 33,738,873 I APPROPRIATIONS Payroll Costs Contracted Services Chapter 41 Recapture Payment Material and Supplies Other Operating Costs Debt Service Capital Outlay TOTAL APPROPRIATIONS I OTHER SOURCES (USES) I EXCESS (DEFICIENCY) lest. FUND BALANCE 8/31/217 lest. FUND BALANCE 8/31 /218 91,191,41 2,781, ,569 1,713,97 8,14, ,925 4,5 31,5 5,918,959 5,38,782 4,58,642 3, 95, 2,875, , ,5 935,568 27, 74,975, ,244,123 7,737,836 75,359,672 2,157,97 o l ol ol o l (2,414,983)1 (866,453)1 (74,831,176)1 o l 32,37,83 1 1,519, ,97o,oo3 1 1,114,427 1 $29,622,82 1 $653,279 1 s1. 138,827 1 $1,114, ,62,335 9, 8,173,982 5,918,959 9,987,424 45, 3,877,418 33,582, ,582,219 75,938, , 33,582, ,54,758 o l ol o l (246,) 1 156,654 1 (78,21,958 )1 1,66,92 1 6,776, ,484,552 1 $82o.os2 1 $6,933,149 1 $46,282,

11 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT OFFICIAL BUDGET FOR FISCAL YEAR General Fund Special Revenue Funds Debt Service Fund I Total I ES TIMATED REVENUES: 57 Local Ad Valorem Property Taxes Interest Earnings Gate Receipts Tu ition Child Nutrition Rental Fees Fees Campus Activities Miscellaneous Local $97,576,614 $ 45, 33, 26 3,63,8 115, 35, 144, $33,588,873 15, $131,165,487 6, 33, 26 3,63,8 115, 35, 144, 57 Total Local 98,856,614 I 3,o63,8oo ,738, ,659, State Available School Fund Revenue Additional State Aid for Tax Red. Technology Allotment TRS On-Behalf Child Nutrition Instructional Material Allotment 2,483,86 5,259,354 4,729,312 3, 555,566 2,483,86 5,259,354 4,729,312 3, 555, Total State 12,472,526 1 s8s,s66 1 ol 13,os8,o Federal National School Lunch/Breakfast Vocational Other Federal 3,222,17 5, 3,222,17 5, 59 Total Federal soo,ooo 1 3,222,17 1 ol 3,722, Total Estimated Revenues l$111,829, $6,871,383 1 l$33,738,873 1 $152,439,

12 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT OFFICIAL BUDGE T FOR FISCAL YEAR Function Code Object Code General Fund Special Revenue Funds Debt Service Fund Total All Funds APPROPRIATIONS: Instruction: Payroll Costs Contracted Services Supplies and Materials Other Operating Costs Debt Service Capital Outlay Total Instruction $62,242,448 6,711 1,596, ,464 15, 64,737,21 $ $ 1,536 87,559 61, ,84 $62,242,448 62,247 2,467, ,29 15, 65,671,41 Instructional Resources and Media Services: 121 Payroll Costs Contracted Services Supplies and Materials Other Operating Costs Debt Service Capital Outlay Total Instructional Resources/Media Serv1ces ,941 27, ,245 6, ,314 53, , ,941 27, ,275 6, ,938 Curriculum/Staff Dev.: 131 Payroll Costs 61 Contracted Services 62 Supplies and Materials 63 Other Operating Costs 64 Debt Service 65 Capital Outlay 66 Total Curriculum/Staff Development 417,644 94,459 11,81 394,26 1,7,939 18,62 1 3,712 21, ,76 94,559 11,81 397,738 1,29,813 Instructional Leadership: 211 Payroll Costs 61 Contracted Services 62 Supplies and Materials 63 Other Operating Costs 64 Debt Service 65 Capital Outlay 66 Total Instructional Leadership 1,897,71 45,294 62,753 62,436 2,68,184 1,897,71 45,294 62,753 62,436 2,68,184 12

13 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT OFFICIAL BUDGET FOR FISCAL YEAR Function Code Object Code General Fund Special Revenue Funds Debt Service Fund Total All Funds School Leadership: 231 Payroll Costs 61 Contracted Services 62 Supplies and Materials 63 Other Operating Costs 64 Debt Service 65 Capital Outlay 66 Total School Leadership $6,155,4 58,447 72,192 7,55 6,356,544 $ 12,948 13,776 26,724 $6,155,4 58,447 85,14 84,281 6,383,268 Guidance and Counseling: 311 Payroll Costs 61 Contracted Services 62 Supplies and Materials 63 Other Operating Costs 64 Debt Service 65 Capital Outlay 66 Total Guidance and Counseling 3,19,727 7,51 128,37 34,371 1, 3,379, ,19,727 7,51 128,37 34,771 1, 3,38,369 Social Work Services: 321 Payroll Costs 61 Contracted Services 62 Supplies and Materials 63 Other Operating Costs 64 Debt Service 65 Capital Outlay 66 Total Social Work Services Health Services: 331 Payroll Costs 61 Contracted Services 62 Supplies and Materials 63 Other Operating Costs 64 Debt Service 65 Capital Outlay 66 Total Health Services 1,14,115 53,5 43,125 7,735 1,28, ,14,115 53,114 43,164 7,895 1,28,288 13

14 co LLEGE STATION INDEPENDENT SCHOOL DISTRICT OFFICIAL BUDGET FOR FISCAL YEAR Function Code Object Code General Fund Special Revenue Funds Debt Service Fund Total All Funds Student Transportation: Payroll Costs Contracted Services Supplies and Materials Other Operating Costs Debt Service Capital Outlay Total Student Transportation I $2,637,929 $ 72, 556,5 (26,7) 12,867 3,18,596 $ $2,637,929 72, 556,5 (26,7) 12,867 3,18,596 Food Services: Payroll Costs Contracted Services Supplies and Materials Other Operating Costs Debt Service Capital Outlay Total Food Services ,726,251 29,625 3,422,261 26,53 27, 6,231,667 2,726,251 29,625 3,422,261 26,53 27, 6,231,667 Co. & Extracurricular Activities: 361 Payroll Costs Contracted Services Supplies and Materials Other Operating Costs Debt Service Capital Outlay Total Co. & Extracurricular Activities ,688, ,265 86,695 81,522 1,358,236 11,233 5,117, ,755 2,688, , ,217 1,459,469 5,3,166 General Administration: 411 Payroll Costs Contracted Services Supplies and Materials Other Operating Costs Debt Service Capital Outlay Total General Administration ,391,613 42,36 112,352 4,77 22,96 6,274 3,127,231 11,44 2,391,613 42,36 117,122 29,18 3,138,275 14

15 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT OFFICIAL BUDGET FOR FISCAL YEAR Function Code Object Code General Fund Special Revenue Funds Debt Service Fund Total All Funds Plant Maintenance: 511 Payroll Costs 61 Contracted SeNices 62 Supplies and Materials 63 Other Operating Costs 64 Debt SeNice 65 Capital Outlay 66 Total Plant Maintenance 5,975,841 4,359,56 1,24, , , 12,692,723 83, ,15 5,975,841 4,442,656 1,24, , , 12,776,873 Security and Monitoring: 521 Payroll Costs 61 Contracted SeNices 62 Supplies and Materials 63 Other Operating Costs 64 Debt SeNice 65 Capital Outlay 66 Total Security and Monitoring 85,524 49,65 129,15 25,98 73, ,524 49,65 129,15 25,278 73,557 Computer Services: 531 Payroll Costs 61 Contracted SeNices 62 Supplies and Materials 63 Other Operating Costs 64 Debt SeNice 65 Capital Outlay 66 Total Computer Services 1,648, ,2 59,685 28,285 19,71 2,621,8 37,54 1, 137,54 1,685, ,2 69,685 28,285 19,71 2,758,512 Community Services: 611 Payroll Costs 61 Contracted SeNices 62 Supplies and Materials 63 Other Operating Costs 64 Debt SeNice 65 Capital Outlay 66 Total Community Services 112,626 7,4 7,2 8, ,35 35,513 18,298 53, ,626 7,4 42,713 26, ,161 15

16 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT OFFICIAL BUDGET FOR FISCAL YEAR Function Code Object Code General Fund Special Revenue Funds Debt Service Fund Total All Funds Debt Service: 711 Payroll Costs 61 Contracted Services 62 Supplies and Materials 63 Other Operating Costs 64 Debt Service 65 Capital Outlay 66 Total Debt Service 33,582,219 33,582,219 33,582,219 33,582,219 Facilities Acquisition and Construction: 811 Payroll Costs 61 Contracted Services 62 Supplies and Materials 63 Other Operating Costs 64 Debt Service 65 Capital Outlay 66 Total Facilities Acq./Construction Contracted Instructional Services: 911 Payroll Costs 61 Contracted Services 62 Supplies and Materials 63 Other Operating Costs 64 Debt Service 65 Capital Outlay 66 Total Contracted Instructional Services 5,918,959 5,918,959 5,918,959 5,918,959 Incremental Costs Chapter 36: 921 Payroll Costs 61 Contracted Services 62 Supplies and Materials 63 Other Operating Costs 64 Debt Service 65 Capital Outlay 66 Total Incremental Costs Chapter 36 16

17 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT OFFICIAL BUDGET FOR FISCAL YEAR Function Code Object Code General Fund Special Revenue Funds Debt Service Fund Total All Funds Payments to Fiscal Agent: 931 Other Operating Costs 641 Total Payments to Fiscal Agent Payments to Other School Districts: 941 Contracted Services 6211 Total Payments to Other School Districts Payments to Juvenile Justice Programs: 951 Contracted Services 621 Total Payments to Juvenile Justice Programs Payments to Charter Schools: 961 Contracted Services 6211 Payments to Charter Schools Payments to Tax Increment Fund: 971 Other Operating Costs 6411 Payments to Tax Increment Fund 11,292 11,292 1, 1, Payments to Tax County Appraisal District: I 991 r-:=::-1 r--:-::c::-::-::-=:;:-,,----::-, Other Operating Costs 621 1,88, ~ Payments to County Appraisal District 1,88,. Transfers In Transfers Out ~ ~--I l~ Summary: Payroll Costs Contracted Services Supplies and Materials Other Operating Costs Debt Service Capital Outlay Transfers In Transfers Out Total Estimated Appropriations/Transfers ~II ~II ~II $91,191,41 $2,781,817 13,933,16 114,925 5,38,782 4,58,642 2,875, , ,568 27, $114,244,123 $7,737,836 ~II ~II ~II ~II ~II ~II ~II ~I ~II ~I $ 33,582,219 $33,582,219 ~II ~II ~I ~II 11,292 11,292 ~I 1, 1, ~I ~I 1,88, 1,88, ~I $93,972,858 14,47,941 9,889,424 3,19,168 33,582, ,568 $155,564,178 17

18 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT COMBINING BUDGET OF REVENUES AND APPROPRIATIONS SPECIAL REVENUE FUNDS FOR THE FISCAL YEAR ENDING AUGUST 31,218 Special Revenue Funds Child Instructional Campus Nutrition Material Allotment Activity ESTIMATED REVENUES LOCAUINTERMEDIATE Property Tax $ $ $ Interest Earned Child Nutrition 3,63,8 Co-Curricular Other Revenues TOTAL LOCAUINTERMED. 3,63,8 STATE SOURCES Available School Fund Technology Allotment TRS On-Behalf Other State Revenues 3, 555,566 TOTAL STATE 3, 555,566 FEDERAL SOURCES National School Lunch/Breakfast 3,222,17 Other Federal TOTAL FEDERAL 3,222,17 TOTAL ESTIMATED REVENUES I 6,315,817 I 555,566 I ol APPROPRIATIONS Payroll Costs 2,726,251 55,566 Contracted Services 113,225 1,7 Chapter 41 Recapture Payment Materials and Supplies 3,422,261 5, 658,381 Other Operating Costs 27,8 26,372 Debt Service Capital Outlay 27, TOTAL APPROPRIATIONS 6,315, , ,453 I OTHER SOURCES ~USES) ol ol ol I EXCESS ~DEFICIENCY) ol ol ~866,453)1 lest. FUND BALANCE 8/31/ ,2321 1,5oo 1 1,o33,ooo 1 lest. FUND BALANCE 8/31/218 $485,2321 $1,5oo 1 $166,5471 Total Special Revenue $ 3,63,8 3,63,8 585, ,566 3,222,17 3,222,17 6,871,383 I 2,781, ,925 4,58, ,452 27, 7,737,836 ol ~866,453)1 1,519,732 1 $653,2791 The Activity Fund budget will be updated with budget amendments as fund raisers occur. 18

19 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT COMBINING BUDGET OF REVENUES A NO APPROPRIATIONS CAPITAL PROJECTS F UNDS FOR THE FISCAL YEAR ENDING A UGUST 31, 218 ESTIMATED REVENUES LOCAUINTERMEDIATE Property Tax Interest Earned Child Nutrition Co-Curricular Other Revenues TOTAL LOCAUINTERMED. 213 Bond Projects $ 27,996 27, Bond Projects $ 5,5 5,5 Total Capital Projects $ 528, ,496 STATE SOURCES Available School Fund Technology Allotment TRS On-Behalf Other State Revenues TOTAL STATE FEDERAL SOURCES National School Lunch/Breakfast Other Federal TOTAL FEDERAL TOTAL ESTIMATED REVENUES I ~I 27,996 I ~I 5oo,5oo I 528,496 I APPROPRIATIONS Payroll Costs Contracted Services Chapter 41 Recapture Payment Materials and Supplies Other Operating Costs Debt Service Capital Outlay TOTAL APPROPRIATIONS 4,335,171 4,335, ,569 4,5 3, 75 7,64,682 71,24,51 375,569 4,5 3, 75 74,975,853 75,359,672 I OTHER SOURCES (USES) I EXCESS (DEFICIENCY) lest. FUND BALANCE 8/31/217 I lest. FUND BALANCE 8/31/218 I ol (4,37,175)1 4,37,175 1 so I ol (7,524,oo1, 1 77,662,828 1 s1. 138,827 1 ol (74,831,176)1 81,97o,oo3 1 s1. 138,

20 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT COMBINING BUDGET OF REVENUES AND APPROPRIATIONS PROPRIETARY FUNDS FOR THE FISCAL YEAR ENDING AUGUST 31,218 Proprietary Funds Kids Community Summer Klub Ed Sports Camps ESTIMATED REVENUES LOCAUINTERMEDIATE Property Tax $ $ $ TIF Payment Child Nutrition Co-Curricular Other Revenues 1,477,82 51,87 17, TOTAL LOCAUINTERMED. 1,477,82 51,87 17, STATE SOURCES Available School Fund Technology Allotment TRS On-Behalf Other State Revenues TOTAL STATE FEDERAL SOURCES National School Lunch/Breakfast Other Federal TOTAL FEDERAL ~I ~I ~I TOTAL ESTIMATED REVENUES I 1,477, o,os1 1 11o,ooo 1 APPROPRIATIONS Payroll Costs 1,229,2 348, ,5 Contracted Services 12,8 18,7 Chapter 41 Recapture Payment Materials and Supplies 45,5 24,5 25, Other Operating Costs 19,5 118,5 8,5 Debt Service Capital Outlay TOTAL APPROPRIATIONS 1,477,82 51,87 17, I OTHER SOURCES (USES) ol ol ol I EXCESS {DEFICIENCY) ol ol ol lest. FUND BALANCE 8/31/217 I 818, ,8731 7,5oo 1 lest. FUND BALANCE 8/31/218 I $818,541 $288,8731 s7,5oo 1 Total Proprietary Funds $ 2,157,97 2,157,97 2,157,97 1 1,713,97 31,5 95, 317,5 2,157,97 ol ol 1,114,427 1 $1,114,

21 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT COMBINING BUDGET OF REVENUES AND APPROPRIATIONS INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR ENDING AUGUST 31,218 ESTIMATED REVENUES LOCAUINTERMEDIATE Property Tax TIF Payment Child Nutrition Co-Curricular Other Revenues TOTAL LOCAUINTERMED. Internal Service Fund 773 Workers Compensation $ 213, 213, Total Internal Service $ $ $ $ $213, 213, STATE SOURCES Available School Fund Technology Allotment TRS On-Behalf Other State Revenues TOTAL STATE FEDERAL SOURCES National School Lunch/Breakfast Other Federal TOTAL FEDERAL TOTAL ESTIMATED REVENUES I ~I 213,ooo I 213,ooo 1 APPROPRIATIONS Payroll Costs Contracted Services Chapter 41 Recapture Payment Materials and Supplies Other Operating Costs Debt Service Capital Outlay TOTAL APPROPRIATIONS 9, 45, 459, 9, 45, 459, I OTHER SOURCES (USES! I EXCESS (DEFICIENCY! ol (246,!1 ol (246,!1 lest. FUND BALANCE 8/31/217 lest. FUND BALANCE 8/31/218 1,66,92 1 $82o,o92 1 1,66,92 1 $82o,o

22 REVENUE 22

23 College Station Independent School District Sources of Revenue General Fund Percentage of Total Revenues Percentage of Total Revenues ESTIMATED REVENUES: 57 Local Local Property Taxes Gate Receipts Tuition Other Local $97,576,614 33, 26, 744, 87.26%.29%.18%.67% $87,375, % 297,5.29% 17,.17% 522,5.51% Total Local Sources 98,856, %1 88,365, %1 58 State Available School Fund Foundation School Fund TRS On Behalf Other State 2,483,86 5,259,354 4,729, % 4.7% 4.23%.% 4,737, % 4,162, % 4,35,3 4.23%.% Total State Sources 12,472,526 I 11.15%1 13,25, %1 59 Federal Other Federal 5oo.ooo 1.45%1 25o,ooo 1.25%1 Total Federal Sources 5oo,ooo 1.45%1 25o,ooo 1.25%1 Total Estimated Revenues $111,829, %1 1 s1o1,82o,61o 1 1.%1 23

24 College Station Independent School District Tax Rate Summary and History ACTUAL TAX RATE COMPARISON Change Rate for Maintenance and Operations Rate for Debt Service Total Tax Rate ROLLBACK RATE COMPARISON Rollback Rate Proposed Rate Calculated Rollback for Maintenance and Operations Calculated Debt Service Tax Rate Total TAX RATE HISTORY $

25 College Station Independent School District Impact of Proposed Tax Levy On Average Residence Last Year This Year %Change Average Market Value of Residences $275,628 $291,929 Average Taxable Value of Residences $248,286 $264,92 Last Year's Rate Versus Proposed Rate Per $1 Value $1.396 $1.398 Taxes Due on Average Residence $3,466.7 $3, % %.1433% % Increase (Decrease) in Annual Taxes $ Please note that all residence values did not change from the prior year or change by the average above. The average home value is influenced by the revaluation of existing homes and the value of new homes constructed during the year. The taxable value of an individual home can only be determined by reviewing your appraisal notice or by contacting the Brazos County Appraisal District. 25

26 College Station Independent School District Comparison of Tax Levy On Various Residence Values At Average Increase In Home Value (Where Taxpayer is Under 65 Years of Age) Values Appraised Value $5, $85, $1, $15, $2, $25, Homestead Exemption (25,) (25,) (25,) (25,) (25,) (25,) Taxable Value 25, 6, 75, 125, 175, 225, Tax Rate $1.396 $1.396 $1.396 $1.396 $1.396 $1.396 Tax Levy $349. $837.6 $1,47. $1,745. $2,443. $3, Values Appraised Value $52,957 $9,27 $15,914 $158,871 $211,828 $264,785 Homestead Exemption (25,) (25,) (25,) (25,) (25,) (25,) Taxable Value 27,957 65,27 8, , , ,785 Proposed Tax Rate $1.398 $1.398 $1.398 $1.398 $1.398 $1.398 Proposed Tax Levy $39.84 $99.8 $1, $1, $2, $3, $ % $ % $84.18 $ $ $ % 7.25% 6.91% 6.72% Standard exemption amount was increased to $25, from $15, in November 215. For homeowners over age 65, property taxes are frozen at the dollar amount they were in the year the homeowner first became eligible fo r the over age 65 exemption. In addition to the standard exemption noted above, over age 65 homeowners also receive an additional $5, local and $1, state over age 65 exemption. This means that unless new improvements are added to an over age 65 homestead, taxes will not increase due to revaluation or tax rate increases. The average residence value in the District in 216 was $275,628. Average home value in 217 was $291,929. This represents an increase in the average value of 5.9 percent. 26

27 CERTIFIED TAX ROLL COMPARISON 217 MARKET FREEZE FREEZE ADJUSTED % CATEGORY LAND IMPROVEMENTS OTHER VALUE EXEMPT VALUE TAXABLE VALUE CHANGE HOMESITES $1,526,722,391 $4,427,364,716 $ $5,954,87,17 ($423,219, 133) ($882,678,174) $4,648,189, % NON-HOMESITES $1,575,569,584 $3,428,467,823 $ $5,4,37,47 ($1,348,195, 188) $ $3,655,842, % LAND-AGRICULTURAL $243,374,13 $ $ $243,374,13 ($238,643,37) $ $4,73, % LAND -TIMBER $ $ $ $ $ $ $ N/A PERSONAL PROPERTY $ $ $523,35,22 $523,35,22 $ $ $523,35, % MINERALS $ $ $13,183,232 $13,183,232 $ $ $13,183, % NET TAXABLE $3,345,666,15 $7,855,832,539 $536,218,452 $11,737,717,96 ($2,1,57,691) $ $9,727,659, % LESS: FREEZE TAXABLE ($882,678,174) ($882,678,174) % FREEZE ADJUSTED TAXABLE $8,844,981, % 216 MARKET FREEZE FREEZE ADJUSTED CATEGORY LAND IMPROVEMENTS OTHER VALUE EXEMPT VALUE TAXABLE VALUE HOMESITES $1,26,259,886 $4,165,795,269 $ $5,426,55,155 ($412,799,269) ($774,613,94) $4,238,642,792 NON-HOME SITES $1,43,997,94 $2,589,313,432 $ $3,993,311,336 ($1,192,383,951) $ $2,8,927,385 LAND - AGRICULTURAL $231,4,736 $ $ $231,4,736 ($226,84,39) $ $4,596,697 LAND -TIMBER $ $ $ $ $ $ $ PERSONAL PROPERTY $ $ $539,99,64 $539,99,64 $ $ $539,99,64 MINERALS $ $ $1,12,41 $1,12,41 $ $ $1,12,41 NET TAXABLE $2,895,658,526 $6,755,18,71 $549,22,41 $1,199,969,268 ($1,831,987,259) $ $8,367,982,9 LESS: FREEZE TAXABLE ($774,613,94) ($774,613,94) FREEZE ADJUSTED TAXABLE $7,593,368,915 CHANGE CHANGE $45,7,579 $1,1,723,838 $1,537,747,828 ($178,7,432) $1,251,612,316 PERCENT CHANGE % % 15.76% 9.72% % Note: Freeze value is the value of homesteads frozen for over age 65 homeowners. Tax on these homes is frozen in the year the homeowner attains age

28 APPROPRIATIONS 28

29 College Station Independent School District Appropriations by Object Category - General Fund Budget Year Object Category 217-2=-'-' 18:: _] Payroll Costs Contracted Services Supplies and Materials Other Operating Costs Debt Service Capital Outlay Total Appropriations 61 $91,191, ,933, ,38, ,875, ,568 $114,244, % $86,626, % 12.2% 7,382, % 4.65% 4,998, % 2.52% 2,787, %.%.%.82% 5,.49% 1.% $12,294,295 1.% 29

30 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT Appropriations by Functional Category -General Fund For Fiscal Year %1 $61,44, % 1 Instructional Resources and Media Services II.8%1 918, % 1!Instructional Leadershi~ jschool Leadershi~ jguidance and Counseling jsocial Work Services I Health Services jstudent Trans~ortation Co. & Extracurricular Activities jgeneral Administration I Plant Maintenance jsecuri~ and Monitoring jcom~uter Services jcommuni~ Services I Debt Service Facilities Acquisition and Construction Contracted Instructional Services 1,7,939.88%1 969, ,68, %1 1,981, ,356, %1 5,77, ,379, %1 3,536, % ,28,25 1.6% 1 1,228, ,18, %1 3,113,441 5,117, %1 4,817, ,127, %1 2,731, ,692, %1 11,568, ,377.64% 1 439, ,621,8 2.29% 1 2,542, ,35.12% 1 155, % 1 o II.% 1 1.ooo II 911 5,918,959 II 5.18% 1 o II.95% %1 5.64%1 3.46%1.%1 1.2%1 3.4% % % %1.43%1 2.49%1.15% 1.% 1.1 % 1.% 1 Payments to Fiscal Agent I Payments to Juvemle Just1ce I Payments to Tax Increment Fund Payments to Coun A raisal District o.292 II.1%1 132,ooo II 1o.ooo II.1 %1 1o,ooo II 971._I, o II.%1 o II 99 1,88, 967, $114,244,123 $1 2,294,295.13% 1.1 % 1.% 1 3

31 DEBT REQUIREMENTS 31

32 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT DEBT SERVICES REQUIREMENTS As of August 31, 217 Fiscal Yr. Series 29 Ending Refundin~ Bonds 8/31 Principal Interest Totals $ 1 68 $ 95,76 $ Series 29 Series 21 Series 211 School Buildinq Bonds School Building Bonds School Building Bonds Principal Interest Principal Interest Principal Interest ,565, , ,295, , M~MQQ_ j 27,15 $ 39,295, $ 16,133,9 $ 32,1 85, $ 15,66,624 Series 212 Refunding Bonds Principal Interest , , 28 5 $ 5,99, $ 828,15 Continued on the Next Page 32

33 COLLEGE STATION INDEPENDENT SCHOOL DISTRICT DEBT SERVICES REQUIREMENTS As of August 31, 217 Fiscal Yr. Series 214 Ending School Building Bonds 8/31 Principal Interest ,51, , , , Totals $ 7,485, $ 35,86,425 $ Series 215 Series 216 Series 216 Refundin Bonds School Building Bonds Refunding Bonds Principal Interest Principal Interest Principal Interest , , , , , , , , , , , ,455, $ 9,36,65 $ 62,52, $ 27,579,56 $ 36,87, $ 14,865,75 Series 217 School Building Bonds Principal Interest Totals , $ 65,45, $ 36,215,157 $ 517,315,893 Total Bonds Outstanding at August 31, 217 $ 1_6_1_,365, I 33