Round Rock ISD. Budget Workshop MARCH 27, 2014

Round Rock ISD Budget Workshop 2014-15 MARCH 27, 2014

Agenda Budget Basics District Trends Legislative Issues 2014-15 Budget Discussion & Projections 2

Budget Basics 3

Legal Requirements Relating to Budget Education Code: Proposed budget must be prepared on or before June 19 Proposed budget must be adopted prior to June 30 Post a summary of the budget on the District s website Government Code: Public meeting must be held for the purpose of adopting budget Notice in newspaper required to be published not earlier than the 30 th day or later than the 10 th day prior to the public meeting Official District Budget General Operating, Food Service, and Debt Service Must be adopted at the fund and function level May approve budgets for other funds and in greater detail Adopted budget must be filed with the Texas Education Agency Handled through the PEIMS fall submission 4

Other Guidance Relating to Budget The Board adopted Fiscal and Budgetary Strategy states: The operating budget represents the District s annual financial operating plan The goal of the District is to balance the operating budget with current revenues, whereby, current revenues would match and fund on-going expenditures. 5

Round Rock ISD Budget 2014-15 Planning Calendar ID Task Name Duration Start Finish Resource Names 1 Finalize Enrollment Projections 41 days Tue 9/3/13 Fri 12/20/13 Demographic firm 2 Update State Funding Projections based on Estimates 1 day Fri 1/31/14 Fri 1/31/14 Business & Finance 3 Board Budget Workshop 1 day Thu 3/27/14 Thu 3/27/14 Board of Trustees 4 Issue Budget Materials to Campuses & Departments 1 day Fri 3/28/14 Fri 3/28/14 Business & Finance 5 Campus Submission of Budgets 5 days Mon 4/28/14 Fri 5/2/14 Campuses 6 Department Submission of Budgets 1 day Mon 5/5/14 Mon 5/5/14 Departments 7 Entry of Department Budgets 5 days Mon 5/12/14 Fri 5/16/14 Business & Finance 8 Board Budget Workshop 1 day Thu 4/24/14 Thu 4/24/14 Board of Trustees 9 Receive Certified Estimate from Williamson/Travis CADs 1 day Wed 4/30/14 Wed 4/30/14 Business & Finance 10 Adopt 2014-15 Compensation Plan 1 day Thu 5/15/14 Thu 5/15/14 Board of Trustees 11 Board Budget Workshop 1 day Thu 5/22/14 Thu 5/22/14 Board of Trustees 12 Board Budget Workshop (if necessary) 1 day Thu 6/5/14 Thu 6/5/14 Board of Trustees 13 Publish Budget and Tax Rate Advertisement in Newspaper 1 day Sat 6/7/14 Sat 6/7/14 Business & Finance 14 Public Hearing on Budget and Tax Rate 1 day Thu 6/19/14 Thu 6/19/14 Board of Trustees 15 Adopt 2014-15 Budget 1 day Thu 6/19/14 Thu 6/19/14 Board of Trustees 16 Amend 2013-14 Budget 1 day Thu 6/19/14 Thu 6/19/14 Board of Trustees 17 Receive Certified Values from Williamson/Travis CADs 1 day Fri 7/25/14 Fri 7/25/14 Business & Finance 18 Adopt Tax Rates for 2014-15 1 day Thu 9/18/14 Thu 9/18/14 Board of Trustees Feb 19, '12 W T F S S M T W T Project: Budget 2014-15 Planning Cale Date: Wed 3/26/14 Task Split Progress Milestone Summary Project Summary External Tasks External Milestone Deadline 6

TEA s Financial Accountability System Resource Guide 17 digit coding structure Education Code 44.007 requires a standard school district fiscal accounting system Financials reported through PEIMS (Public Education Information Management System) Fund code (3 digits) Year code (1) Function code (2) Organization code (3) Program intent code (2) Object code (4) Sub-object code (2) Items in bold discussed in more detail 7

Fund Code An accounting entity with a self-balancing set of accounts. Each fund is designated for a distinct purpose. General Operating Debt Service Capital Projects Food Service (Child Nutrition) Special Revenue (Federal, State & Local Grants) Proprietary (Internal Service & Agency) Funds cannot be commingled. 8

Function Code A general operational area that groups together related activities 9

INSTRUCTION (11): A function for which expenditures are for the purpose of instructing students. This includes expenditures for direct classroom instruction and other activities that deliver, supplement or direct the delivery of learning situations to students. INSTRUCTIONAL RESOURCES & MEDIA (12) : A function for which expenditures are directly and exclusively for establishing and maintaining libraries and other major facilities dealing with instructional materials and media. CURRICULUM & STAFF DEVELOPMENT (13): A function for which expenditures are directly and exclusively used to aid in-service training and other staff development involving instructional or instructional related personnel of the district. INSTRUCTIONAL LEADERSHIP (21): A function for which expenditures are directly for activities which have as their purpose managing directing, supervising general and specific instructional programs. SCHOOL LEADERSHIP (23) : A function for which expenditures are for the purpose of general administration of a school campus. In most cases costs are limited to operating a principal's office and include all types of activities pertaining to the operation of that office. GUIDANCE, COUNSELING & EVALUATION (31): A function for which expenditures are directly and exclusively for activities which have as their purpose assessing, and testing students' abilities, aptitudes, and interests, counseling students with respect to career and educational opportunities and helping them establish realistic goals. It includes costs of psychological services, identification of individual characteristics testing, educational counseling, and occupational counseling. SOCIAL WORK SERVICES (32): A function for which expenditures are directly and exclusively for activities which promote and improve school attendance of students, including the promotion of positive student and parent attitudes toward attendance, analysis and causes of truancy, and followup for truants. Interpreting the social needs of students. HEALTH SERVICES (33): A function for which expenditures are directly and exclusively for the purpose of providing health services to individuals. Costs include salaries for school nurses, other medical, dental, and optical services, inoculations, etc. STUDENT TRANSPORTATION (34) : A function for which expenditures are for the purpose of providing transportation to students, except for co-curricular activities. FOOD SERVICES (35): A function for food service operation expenditures, including the cost of food, labor, and other expenditures necessary for the preparation, transportation, and storage of food. EXTRACURRICULAR ACTIVITIES (36): A function for which expenditures are for extracurricular or other purposes that are not essential in the delivery of instructional, instructional related, and student services. Costs include such activities as intramural and interscholastic competition, student, organizations, and special interest activities. GENERAL ADMINISTRATION (41): A function for which expenditures are for the purposes of managing or governing the school district as an overall entity, and that cover multiple activities that are not directly and exclusively for costs applicable to specific functions. Examples of general administration expenditures include those incurred by the school board, office of the superintendent, fiscal budget, accounting, or business office, textbook custodian, central personnel office, and tax administration. FACILITIES MAINTENANCE & OPERATION (51): A function for which expenditures are for activities to keep the physical plant open, clean, comfortable safe for use, and keeping the grounds in effective working condition and state of repair. Included are costs of activities that maintain order, and safety in building, on the grounds, and in school vicinities. Expenditures associated with warehouse/receiving service. SECURITY AND MONITORING SERVICES (52): A function for which expenditures are for activities to keep student and staff surrounds safe, whether in transit or from school, on a campus or participating in school sponsored events at another location. Examples of expenditures are security guards, bus security monitors, crossing guards, campus policy, hand-held DATA PROCESSING SERVICES (53): A function for which expenditures are for noninstructional data processing services, whether inhouse or contracted. Included are costs for computer facility management, computer processing, system development, analysis and design. COMMUNITY SERVICES (61): A function for which expenditures are for activities or purposes other than regular public education and adult education programs. These types of expenditures are for the service or activities relating to the whole community, including resources to nonpublic schools. Examples are costs of community recreation programs, public libraries, non-instructional programs for custodial and detention care of children and community welfare activities. DEBT SERVICE (71): A function for which expenditures are for the retirement of recurring bond, lease-purchase or other debt principal, related debt service fees, and interest. FACILITIES ACQUISITION & CONSTRUCTION (81): A function for which expenditures are for acquiring, equipping, and/or additions to real property. This includes costs for land and, buildings, remodeling, initial installation or, extension of service systems and other equipment and improvements to sites. INCREMENTAL COSTS ASSOCIATED WITH CH. 41 (92): This function code is used for expenditures that are for the purpose of positioning a school district with excess wealth per WADA to purchase attendance credits either from the state or from other school district(s). PAYMENTS TO JUVENILE JUSTICE ALTERNATIVE (95): This function code is used for expenditures that are for the purpose of providing financial resources for Juvenile Justice Alternative Education Programs under Chapter 37, TEC. OTHER INTERGOVERNMENTAL CHARGES (99): Property tax appraisal district fees and other charges. 10

Organization Code A group or cost center ie. Campus or Department 11

Program Intent Code Identifies the type of student receiving services 12

Program Intent 11 Basic Educational Services (K 12) 21 Talented and Gifted 22 Career & Technical Education (CTE) 23 Special Education 24 Accelerated Education 25 Bilingual Education 26 Non-disciplinary Alt. Education 28 Disciplinary Alt. Education 30 State Compensatory Educ. (Title I) 31 High School Allotment 32 Pre-Kindergarten 91 Athletics 99 Undistributed (all other) 13

Required Direct Spending Program Program Intent Code Funding Weight Direct Spend Rate Talented & Gifted (TAG) 21 1.12 55% Career & Technical Education (CTE) 22 1.35 58% Special Education 23 1.10 to 5.00 52% State Compensatory Education & Pregnancy Related Services 24/30 1.20 & 2.41 52% Bilingual 25 1.10 52% 14

Object Code Identify the nature and type of transaction (expenditure/revenue) Commonly referred to as the account code 6100 Payroll and Benefits 6200 Professional & Contracted Services 6300 Supplies & Materials 6400 Other Operating Expenditures 6500 Debt Service 6600 Capital Outlay 15

District Trends 16

Student Enrollment Trend 50,000 45,000 40,000 35,000 30,000 25,000 20,000 Growth Rates 15 Years - 3.7% 10 Years - 2.7% 5 Years - 1.8% 15,000 10,000 5,000-2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 17

Taxable Property Value Trend 25.0 22.3 20.0 18.7 20.5 20.6 19.8 20.1 21.1 16.5 Billions 15.0 10.0 13.8 14.8 5.0 0.0 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 182013-14

Appraised Property Value Diversification 0.5% 1.8% 1.9% 28.8% ($6.8 billion) 56.7% ($13.4 billion) 10.3% ($2.4 billion) Single Family Multi-Family Commercial Rural Real Vacant Lots/Tracts Other 19

Tax Rate Trend 2.000 0.365 0.337 1.500 0.303 0.306 0.315 0.340 0.340 0.295 0.340 0.327 1.000 Debt Service M & O 1.492 1.497 1.337 1.017 1.017 1.040 1.040 1.040 1.040 1.040 0.500 0.000 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 20

2013-14 Tax Rate Comparisons M & O (General Operating) Debt Service Total Change from Prior Year Round Rock ISD $1.0400 $0.3274 $1.3674 -$0.01260 Austin ISD $1.0790 $0.1630 $1.2420 $0.0000 Leander ISD $1.0400 $0.4719 $1.5119 $0.0000 Pflugerville ISD $1.0400 $0.5000 $1.5400 $0.0000 Georgetown ISD $1.0800 $0.3180 $1.3980 $0.0000 Hutto ISD $1.1700 $0.5000 $1.6700 $0.0000 21

General Operating - Revenue Trend 350,000,000 300,000,000 97,831,185 92,949,783 117,236,462 111,411,135 99,025,524 99,666,341 250,000,000 200,000,000 150,000,000 Federal State Local 100,000,000 220,276,006 223,048,658 216,118,417 219,168,586 226,326,156 233,940,305 50,000,000-2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 (Budget) 22

General Operating - Expenditure Trend 400,000,000 350,000,000 300,000,000 250,000,000 200,000,000 Budgeted Expenditures Actual Expenditures 150,000,000 92.1% 89.8 % 90.7% 92.4% 88.4% 100,000,000 50,000,000-2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 (Budget) 23

Administrative Cost Ratio (Maximum allowed by TEA 11.05%) 2012-13 4.56% 2011-12 4.67% 2010-11 4.90% 2009-10 4.96% 2008-09 5.18% 2007-08 5.36% 2006-07 6.68% 2005-06 6.64% 2004-05 7.02% 2003-04 6.95% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 24

Formula: Administrative Cost Ratio The Administrative Cost Ratio is calculated as follows: Function 21 (Instructional Leadership) + Function 41 (General Admin.) divided by: Function 11 (Instruction) + Function 12 (Instructional Resources) + Function 13 (Curriculum & Staff Dev.) + Function 31 (Guidance & Counseling) Note> Account codes 6500 (Debt payments) and 6600 (Fixed Assets) are excluded. 25

Budget Breakdown (2013-14) 3.6% 7.3% 1.4% Salaries & Benefits Utilities, Appraisal Fees, Property Insurance, Audit Fees & Election Costs Remaining Department Budgets Campus & Library Budgets 87.7% 26

Legislative Issues 27

Legislative Impact - Federal Sequestration Title Programs IDEA (Special Education) Build America Bonds Affordable Care Act Health Insurance Internal Revenue Code Section 4980H provides that a full-time employee must be offered minimum essential coverage Full time equals 30 hours or more a week Under the statute, although normally considered temporary or oncall employees, substitutes are considered an employee under the provisions of the law and must be evaluated for determination whether or not they are considered full time and health insurance offered. District currently developing measurement criteria Impact to budget in 2015-16 28

Legislative Impact - Texas RRISD State Revenue Estimates 2012 & 2013 Biennium Reduced FY 12 - $20 million; FY 13 additional $10 million 2014 & 2015 Biennium Reinstated FY 14 - $5.8 million; FY 15 - $6.3 million State Funding Lawsuit Lawsuit involves six groups February 2013 Ruling school finance law held unconstitutional January 2014 reopen case to hear evidence in light of actions from 83 rd Legislative Session (additional $3.4 billion in additional education funding reduced $5.4 billion by 82 nd Legislature) Judge Dietz to issue his ruling by mid to late May. Rider 71 on SB 1 TRS Employer Contribution Assistance Requires most school districts to contribute 1.5% of salaries for TRS covered employees Effective 2014-15 New revenues - $3,043,083 (one year of funding in Rider) Estimated expenditure impact $3,500,000 29

How is state funding calculated? Tier 1 - provides school districts a basic level of funding with allotments for regular education; special education; compensatory education, including Pregnancy Related Services; career and technical education; bilingual / English as a Second Language education; gifted and talented education; and public education grants Tier 2 - supplements the basic funding provided by Tier I. Tier II guarantees a specific amount of funding per student in weighted average daily attendance WADA for each penny of a school district s tax effort above a specified level. The funding provided by this additional tax effort is also referred to as enrichment. ASATR additional state aid for tax reduction WADA = Weighted Average Daily Attendance 30

Budget Discussion & Projections 31

Budget Pressures Inflationary costs Fuel, utilities, software/subscriptions Staffing Competitive salaries Increasing healthcare costs State/Federal Legislative issues State funding, accelerated instruction (House Bill 3), additional District funded retirement contributions in 2014-15, Affordable Care Act, Sequestration Student growth Facility needs - portable costs affect General Operating Fund 32

Budgeting for Salaries & Benefits Salary/Benefit Type Amount Filled Positions All Actual Salary Vacant Positions Teaching/Scheduled Positions Pay Range Positions $45,000 (5 yr teacher) Midpoint Benefits Health Insurance Life Insurance Worker's Compensation Annual Contribution Annual Contribution Factor Based on Position 33

Campus Allocations 2013-14 2014-15 Allocation Type High School Per Student Amount Basic $104 Fine Arts $34 Middle School Basic $82 Fine Arts $5 Elementary School Basic $71 Form N $5 $31,000 minimum; $5,000 minimum Allocation Type High School Per Student Amount Basic $114 Fine Arts $34 Middle School Basic $92 Fine Arts $5 Elementary School Basic $88 Form N $38,500 minimum N/A 34

Student Based Department Allocations Increase amount per student and for growth Career & Technical Education (CTE) Special Education Bilingual Treat Student Based Department Allocations the same as Campus Allocations Adjust funding level after October snapshot 35

Costs of Additional Campus Funding Amount Campus Allocations $480,458 Library Allocation $46,710 Student Based Department Allocations $235,136 TOTAL $762,304 36

Round Rock Independent School District 2014-2015 Budget Projections Budget Development Worksheet 2013-14 Original As of: March 27, 2014 Change Budget REVENUE ESTIMATES: 1 Current Tax Collections 67.26% 233,538,298 6,530,677 227,007,621 Taxable Values $22,979,412,993 Yield / Penny $2,245,561 Tax Rate / $100 1.040000 Estimated Collection % 98.9% 2 Delinquent tax collections 0.49% 1,700,000 (150,000) 1,850,000 3 Other Local Revenue 1.21% 4,195,000-4,195,000 4 State Revenue (Enrollment - 46,840; ADA - 45,049; Attendance Rate - 95.98%) 25.65% 89,060,616 5,394,275 83,666,341 5 School Health And Related Services (SHARS) 0.37% 1,300,000-1,300,000 6 Federal Revenue 0.15% 510,000-510,000 7 Community School/Employee Program Revenue 0.26% 887,684-887,684 8 Teacher Retirement System - On-Behalf 4.61% 16,000,000-16,000,000 Total Estimated Revenue 347,191,598 11,774,952 335,416,646 EXPENDITURE ESTIMATES: Salaries & Benefits: 9 Salaries & Benefits 81.0% 281,484,361-281,484,361 10 Additional Teachers/Staff Based on Staffing Allocations for 2014-15 1.0% 3,400,000 3,400,000-11 TRS Employer Contribution Assistance 1.0% 3,500,000 3,500,000-12 Teacher Retirement System - On-Behalf 4.6% 16,000,000-16,000,000 Total Salaries & Benefits 87.6% 304,384,361 6,900,000 297,484,361 Allocations: 13 Campuses & Departments 12.2% 42,443,196 936,547 41,506,649 14 Library 0.1% 414,960 53,135 361,825 Total Allocations 12.3% 42,858,156 989,682 41,868,474 Other Major Expenditures: 15 Utility Cost Increase 0.00% - - - 16 Above Form A Requests 0.00% - - - 17 Property Insurance Increase due to Growth 0.02% 75,000 75,000-18 Student Resource Officers Cost Increase 0.04% 141,000 141,000 - Total Other Major Expenditures 0.06% 216,000 216,000 0 Total Estimated Expenditures 347,458,517 8,105,682 339,352,835 Surplus/(Deficit) -0.08% (266,919) 3,669,270 (3,936,189) Note> This does not take into consideration the use of fund balance. 37

Supplemental Information 38

Round Rock ISD 2014-15 Basic Allocations-Campuses and Departments Form A Basic Budget Budget Budget Allocation Dept. Division & Form N Addition Reduction Adjust. Total % All Schools 5,034,718 5,034,718 1.45% Summer School 689,086 689,086 0.20% 701 Superintendent 26,685 26,685 0.01% 702 Board of Trustees 87,191 87,191 0.03% 703 Tax Office 2,223,404 2,223,404 0.64% 709 Textbooks/Delivery Systems 34,742 34,742 0.01% 726 Deputy Supt. - Business Admin. 56,500 56,500 0.02% 727 Payroll & Benefits 133,605 133,605 0.04% 728 Financial Services 303,500 303,500 0.09% 729 Purchasing 41,945 41,945 0.01% 729 Maint./Operations Repair & Replacement 200,000 200,000 0.06% 730 Internal Audit 34,000 34,000 0.01% 731 Safety & Risk Management 2,977,864 2,977,864 0.86% 734 Central Administration 230,397 230,397 0.07% 735 Legal Services 295,588 295,588 0.09% 735 JJAEP 500,000 500,000 0.14% 741 Information Services 1,856,490 1,856,490 0.53% 742 Human Resources 209,500 209,500 0.06% 745 Community Relations 79,825 79,825 0.02% 802 Community Schools 310,400 310,400 0.09% 803 Partnerships 21,881 21,881 0.01% 804 Performing Arts Center 153,753 153,753 0.04% 902 Fine Arts 125,305 125,305 0.04% 903 Video Services 22,637 22,637 0.01% 904 Beyond District Student Travel 325,000 325,000 0.09% 905 Asst. Supt. of Inst. Support 418,227 418,227 0.12% 906 Deputy Supt. - Instruction & Admin. 76,805 76,805 0.02% 907 Professional Development 89,410 89,410 0.03% 908 Assessment/Testing/Educ. Research 191,627 191,627 0.06% 909 Gifted and Advanced Academics 89,910 89,910 0.03% 912 Academies 40,046 40,046 0.01% 915 Student Support/CCR 1,352,975 1,352,975 0.39% 915 Academic Replacement Schedule 364,172 364,172 0.10% 916 Special Education/504/Dyslexia 595,856 595,856 0.17% 917 State and Federal Programs 487,214 487,214 0.14% 925 Health Services 26,555 26,555 0.01% 927 Athletics 1,578,859 1,578,859 0.45% 928 Curriculum 105,952 105,952 0.03% 933 School Imprv. & Acad. Interventions 549,032 549,032 0.16% 935 PE/Health 90,535 90,535 0.03% 938 Asst. Supt. Secondary Education 599,107 599,107 0.17% 939 Asst. Supt. Elementary Education 200,200 200,200 0.06% 940 Guidance & Counseling 36,123 36,123 0.01% 951 Operations & Facilities 14,935 14,935 0.00% 952 Transportation 2,357,412 2,357,412 0.68% 953 Maintenance 4,280,730 4,280,730 1.23% 954 Custodial Services 1,383,730 1,383,730 0.40% 955 Energy Management 125,370 125,370 0.04% 955 Electricity, Gas, Water & Wastewater 8,387,810 8,387,810 2.41% 956 Construction 217,874 217,874 0.06% 956 Portables 724,136 724,136 0.21% 956 Furniture Repair & Replacement 100,000 100,000 0.03% 957 Grant Development Initiatives 4,500 4,500 0.00% 960 Print Services 572,113 572,113 0.16% 960 Copiers 614,097 614,097 0.18% 961 Distribution Center 586,886 586,886 0.17% 970 Library/Media Services 206,982 206,982 0.06% Departments 37,408,478 0 0 0 37,408,478 10.77% Total Allocations 42,443,196 0 0 0 42,443,196 12.22% Line 13 39

Round Rock ISD 2014-2015 Campus Allocations Enrollment Fine Arts Form A Fine Arts Campus Campus Name Projections Enroll. Proj. Allocation Allocation Totals 001 Round Rock HS 2,995 1,561 341,430 53,074 394,504 002 Round Rock Opp. 62,000 62,000 003 Westwood HS 2,721 1,518 310,194 51,612 361,806 004 McNeil HS 2,556 1,310 291,384 44,540 335,924 007 Stony Point HS 2,492 1,197 284,088 40,698 324,786 008 Cedar Ridge 2,732 1,498 311,448 50,932 362,380 011 Success 128,000 128,000 Sub-Total 13,496 7,084 1,728,544 240,856 1,969,400 041 C. D. Fulkes MS 778 658 71,576 3,290 74,866 042 Grisham MS 648 577 59,616 2,885 62,501 043 Chisholm Trail MS 1,019 878 93,748 4,390 98,138 044 Canyon Vista MS 1,344 1,119 123,648 5,595 129,243 045 Deerpark MS 983 824 90,436 4,120 94,556 046 Hopewell MS 899 763 82,708 3,815 86,523 047 Cedar Valley MS 1,305 1,029 120,060 5,145 125,205 051 Ridgeview MS 1,359 1,022 125,028 5,110 130,138 052 Walsh MS 1,455 1,099 133,860 5,495 139,355 053 Hernandez MS 848 701 78,016 3,505 81,521 Sub-Total 10,638 8,670 978,696 43,350 1,022,046 101 Berkman 548 48,224 48,224 105 Spicewood 785 69,080 69,080 106 Voigt 604 53,152 53,152 107 Deep Wood 389 38,500 38,500 108 Forest North 444 39,072 39,072 109 Anderson Mill 492 43,296 43,296 110 Caraway 701 61,688 61,688 111 Robertson 503 44,264 44,264 113 Purple Sage 343 38,500 38,500 114 Brushy Creek 778 68,464 68,464 115 Wells Branch 1,075 94,600 94,600 116 Laurel Mountain 767 67,496 67,496 117 Pond Springs 641 56,408 56,408 118 Bluebonnet 591 52,008 52,008 119 Double File Trail 753 66,264 66,264 120 Live Oak 570 50,160 50,160 121 Gattis 782 68,816 68,816 122 Old Town 749 65,912 65,912 123 Fern Bluff 719 63,272 63,272 124 Jollyville 444 39,072 39,072 125 Canyon Creek 462 40,656 40,656 126 Forest Creek 860 75,680 75,680 127 Caldwell Heights 657 57,816 57,816 128 Great Oaks 694 61,072 61,072 130 Blackland Prairie 831 73,128 73,128 131 Teravista 883 77,704 77,704 132 Cactus Ranch 1,071 94,248 94,248 134 Sommer 969 85,272 85,272 136 Callison 910 80,080 80,080 137 Union Hill 877 77,176 77,176 135 Chandler Oaks 570 50,160 50,160 138 Herrington 809 71,192 71,192 139 England 805 70,840 70,840 Sub-Total 23,076 2,043,272 0 2,043,272 Campuses Total 47,210 4,750,512 284,206 5,034,718 40

Round Rock ISD 2014-2015 Library Allocations SCHOOL ENROLLMENT PROJECTIONS REFERENCE BASIC $6 PER STUDENT OTHER FUNDS LIBRARY TOTAL 001 ROUND ROCK 2,995 1,200 3,500 17,970 22,670 002 RROC 0 1,200 3,500-4,700 003 WESTWOOD 2,721 1,200 3,500 16,326 21,026 004 MCNEIL 2,556 1,200 3,500 15,336 20,036 007 STONY POINT 2,492 1,200 3,500 14,952 19,652 008 CEDAR RIDGE 2,732 1,200 3,500 16,392 21,092 011 SUCCESS 0 0 0 0 0 Subtotal High School 13,496 7,200 21,000 80,976 0 109,176 041 C.D. FULKES 778 900 1,500 4,668 7,068 042 GRISHAM 648 900 1,500 3,888 6,288 043 CHISHOLM TRAIL 1,019 900 1,500 6,114 8,514 044 CANYON VISTA 1,344 900 1,500 8,064 10,464 045 DEERPARK 983 900 1,500 5,898 8,298 046 HOPEWELL 899 900 1,500 5,394 7,794 047 CEDAR VALLEY 1,305 900 1,500 7,830 10,230 051 RIDGEVIEW 1,359 900 1,500 8,154 10,554 052 WALSH 1,455 900 1,500 8,730 11,130 053 HERNANDEZ 848 900 1,500 5,088 7,488 Subtotal Middle Schoo 10,638 9,000 15,000 63,828 0 87,828 101 BERKMAN 548 700 800 3,288 4,788 105 SPICEWOOD 785 700 800 4,710 6,210 106 VOIGT 604 700 800 3,624 5,124 107 DEEPWOOD 389 700 800 2,334 3,834 108 FOREST NORTH 444 700 800 2,664 4,164 109 ANDERSON MILL 492 700 800 2,952 4,452 110 CARAWAY 701 700 800 4,206 5,706 111 ROBERTSON 503 700 800 3,018 4,518 113 PURPLE SAGE 343 700 800 2,058 3,558 114 BRUSHY CREEK 778 700 800 4,668 6,168 115 WELLS BRANCH 1,075 700 800 6,450 7,950 116 LAUREL MOUNTAIN 767 700 800 4,602 6,102 117 POND SPRINGS 641 700 800 3,846 5,346 118 BLUEBONNET 591 700 800 3,546 5,046 119 DOUBLE FILE TR. 753 700 800 4,518 6,018 120 LIVE OAK 570 700 800 3,420 4,920 121 GATTIS 782 700 800 4,692 6,192 122 OLD TOWN 749 700 800 4,494 5,994 123 FERN BLUFF 719 700 800 4,314 5,814 124 JOLLYVILLE 444 700 800 2,664 4,164 125 CANYON CREEK 462 700 800 2,772 4,272 126 FOREST CREEK 860 700 800 5,160 6,660 127 CALDWELL HEIGHTS 657 700 800 3,942 5,442 128 GREAT OAKS 694 700 800 4,164 5,664 130 BLACKLAND PRAIRIE 831 700 800 4,986 6,486 131 TERAVISTA 883 700 800 5,298 6,798 132 CACTUS RANCH 1,071 700 800 6,426 7,926 134 SOMMER 969 700 800 5,814 7,314 136 CALLISON 910 700 800 5,460 6,960 137 UNION HILL 877 700 800 5,262 6,762 135 CHANDLER OAKS 570 700 800 3,420 4,920 138 HERRINGTON 809 700 800 4,854 6,354 139 ENGLAND 805 700 800 4,830 6,330 Subtotal Elementary 23,076 23,100 26,400 138,456 0 187,956 PROF. LIBRARY - CONTINGENCY 30,000 30,000 TOTALS 47,210 39,300 62,400 283,260 30,000 414,960 Line 14 41

Comparison Of Current And Prior Tax Information School Year % 2012-13 % 2013-14 % 2014-15 Category Forecast 1/13/2014 Forecast 1/13/2014 Estimated or Forecasted CAD Value 3.50% 21,101,414,998 5.73% 22,310,109,702 3.00% 22,979,412,993 Frozen Property Value 6.54% 1,339,627,938 11.52% 1,493,898,098 8.50% 1,620,879,436 Frozen Tax Levy 12.90% 14,845,122 11.79% 16,594,882 12.00% 18,586,268 TIF payments 0.00% - 0.00% - 0.00% - Optional Homestead Value lost 0.00% - 0.00% - 0.00% - Net Taxable Value 3.30% 19,761,787,060 5.34% 20,816,211,604 2.61% 21,358,533,557 Total Levy 7.07% 287,657,936 4.85% 301,615,627 3.89% 313,334,031 2011 CPTD for 2012-13 2012 CPTD for 2013-14 2013 CPTD for 2014-15 CPTD Property Value Preceding Year 1.50% 20,168,036,848 3.46% 20,865,789,677 5.71% 22,058,150,041 Percentage change from prior year CAD value -1.08% -1.12% -1.13% % based off 2008-09 to 2011-13 Average change M&O Tax rate 0.00% 1.040000 0.00% 1.040000 0.00% 1.040000 I&S Tax Rate 15.25% 0.340000-3.71% 0.327400 3.85% 0.340000 Total Tax Rate 3.37% 1.380000-0.91% 1.367400 0.92% 1.380000 Current Year Collections % -0.04% 99.35% -0.45% 98.90% 0.00% 98.90% Current Year M&O Collections 3.54% 215,396,963 5.20% 226,589,917 3.07% 233,538,298 Line 1 Delinquent M&O Collections -40.47% 889,467-4.44% 850,000 0.00% 850,000 Total Current and Delinquent M&O Collections 3.23% 216,286,430 5.16% 227,439,917 3.06% 234,388,298 M&O Other-Penalties/Interest/Certificates -7.64% 878,007-3.19% 850,000 0.00% 850,000 Total M&O Collections 3.18% 217,164,437 5.12% 228,289,917 3.04% 235,238,298 Current Year I&S Collections 19.34% 70,418,242 1.30% 71,332,249 7.03% 76,349,059 Delinquent I &S Collections -46.31% 254,224-1.66% 250,000 0.00% 250,000 Total Current and Delinquent I&S Collections 18.82% 70,672,466 1.29% 71,582,249 7.01% 76,599,059 I&S Other-Penalties/Interest/Certificates -8.40% 222,983-5.82% 210,000 0.00% 210,000 Total I&S Collections 18.71% 70,895,449 1.26% 71,792,249 6.99% 76,809,059 Total Tax Collection 6.61% 288,059,886 4.17% 300,082,166 3.99% 312,047,357 42

The format of the following Summary of Finances report mirrors (for the most part) the report SB 1: 12-13 : 16-18 generated by TEA. "LPE" data is not on this report. Release 4 1/13/2014 2014-15 Summary of Finances ROUND ROCK ISD 246-909 Funding Elements From Students Date Entry 1. Refined Average Daily Attendance (ADA) 45,049.345 2. Regular Program ADA (Line 1 - Line 3 - Line 4) (Link to Detail Report) 41,606.802 3. Special Education FTEs (Link to Detail Report) 1,140.995 4. Career & Technology FTEs 2,301.548 5. Advanced Career & Technology FTEs 430.000 6. High School ADA 13,039.067 7. Weighted ADA (WADA) (Link to Detail Report) 54,936.881 8. Prior Year Refined ADA 44,186.705 9. Texas School for the Blind and Visually Impaired ADA 1.000 10. Texas School for the Deaf ADA 5.000 Staff 11. Full-time Staff (not MSS) 1,681 12. Part-time Staff (not MSS) 452 Property Values 13. 2014 (current tax year) Locally Certified Property Value Not Needed 14. 2013 (prior tax year) State Certified Property Value ("T2" value) 22,058,150,041 Tax Rates and Collections 15. 2005 Adopted M&O Tax Rate 1.4968 16. 2014 (current tax year) Compressed M&O Tax Rate 0.9979 17. Average Tax Collection Rate Not Needed 18. 2014-15 (current tax year) M&O Tax Rate 1.0400 19. 2014-15 (current year) M&O Tax Collections (Link to Detail Report) $234,388,298 20. 2014-15 (current year) I&S Tax Collections $76,599,059 21. 2014-15 Total Tax Collections $310,987,357 22. 2014-15 (current year) Total Tax Levy $313,334,031 Funding Components 23. Adjusted Allotment (Link to Detail Report) $5,458 24. Revenue at Compressed Rate (RACR) per WADA $5,550 25. Cost of Education Index (CEI) 1.120 26. Adjusted CEI 1.120 27. Per Capita Rate $375.000 43

Tier I Allotments Program Intent Codes - Allotments 28. 11-Regular Program Allotment $227,089,925 29. 23-Special Education Adjusted Allotment (Spend 52%) $24,654,356 30. 22-Career & Technology Allotment (Spend 58%) $16,979,996 31. 21-Gifted & Talented Adjusted Allotment (Spend 55%) $1,465,222 32. 24-Comp Ed Allotment (Spend 52%) (no Detail Report included) $15,224,445 33. 25-Bilingual Education Allotment (Spend 52%) $1,917,833 34. 11-Public Education Grant $0 35. 99-New Instructional Facilities Allotment (NIFA) $0 36. 99-Transportation Allotment (no Detail Report included) $2,555,974 37. 31-High School Allotment $3,585,743 38. Total Cost of Tier I (Link to Tier I Detail Report) $293,473,494 39. Less: Local Fund Assignment $220,118,279 40. State Share of Tier I $73,355,215 41. Per Capita Distribution from the Available School Fund (ASF) $16,570,014 Foundation School Program (FSP) State Funding 42. Greater of State Share of Tier I or (ASF+NIFA+HS) $73,355,215 43. Tier II State Aid (Link to Tier II Detail Report) $5,129,834 44. Other Programs (Link to Detail Report) $10,575,567 45. Less: Total Available School Fund ($375 * Prior Year ADA) ($16,570,014) 46. Total FSP Operating Fund $72,490,602 State Aid by Funding Source Fund Code/Object Code - Funding Source 47. 199/5812 - Foundation School Fund $72,490,602 48. 199/5811 - Available School Fund $16,570,014 49. 599/5829 - Existing Debt Allotment (EDA) (Link to Detail Report) $0 50. 599/5829 - Instructional Facilities Allotment (IFA) (Bond) (Link to Detail Report) $0 51. 599/5829 - Instructional Facilities Allotment (Lease Purchase) (See Link Above) $0 52. TOTAL 2014-15 FSP/ASF STATE AID $89,060,616 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: M&O Rev From State (no Fund 599) (includes TIF & tuition reimbursement, if applicable) $89,060,616 Line 4 M&O Rev From Local Taxes (net of recapture and up to compressed rate) $224,900,079 M&O Rev From Local Taxes (for first $.06 above compressed rate; no recapture) $9,488,219 M&O Rev From Local Taxes (net of recapture for pennies beyond compressed rate + $.06) $0 Additional M&O Rev Resulting From ASATR Credit Against Recapture $0 2014-15 TOTAL STATE/LOCAL M&O REVENUE $323,448,914 Less: Credit Balance Due State (See Foundation School Fund balance above) $0 2014-15 NET TOTAL STATE/LOCAL M&O REVENUE $323,448,914 SUMMARY OF TOTAL CHAPTER 41 RECAPTURE: Recapture at the $504000 Level $0 Recapture at the $319500 Level $0 Total 2014-15 Recapture $0 Less: ASATR Credit Against Recapture $0 Total 2014-15 Recapture Payments To TEA $0 44