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Katy Independent School District

Financial Services

  • Financial Services


Financial Transparency

Katy ISD believes in providing our taxpayers with the information to make informed decisions about the financial stability and strength of the District. For this reason we are committed to transparency. We strive to open our books to present information in a user-friendly, understandable format. As part of this process, we have created this website to provide direct access to some of our most important documents and key financial information. 


TRADITIONAL FINANCIAL INFORMATION

Financial Summary (visual)
Financial information for the year ended August 31, 2015 is presented including expenditures by major objects such as payroll, contracted services, supplies, other operating costs and capital outlay are presented in total for the year and per student.  Enrollment numbers are from District records.  Revenues are also presented by major categories include property tax revenues, other local revenues, state revenues and federal revenues for the year and per student.  The District does not assess sales tax as a revenue source.  Full-time equivalent (FTE) personnel are presented and represent a calculation of the number of employees working for the District stated as full-time positions only.

Expenditures Per Student (visual)
Expenditures per student are presented with two different sets of data. The first is calculated using audited financial statement data for the General Fund only. The General Fund is used to account for the day-to-day operations of the District and does not include financing costs or construction costs. The second is calculated using audited financial statement data for all funds (General Fund, Debt Service Fund, Capital Projects Fund & Non-Major Governmental Funds). This aggregated data varies more from year to year due to the timing of construction projects and debt repayment schedules.

Revenues Per Student (visual)
Revenues per student are presented with two different sets of data. The first is calculated using audited financial statement data for the General Fund only. The General Fund is used to account for the day-to-day operations of the District and does not include property taxes imposed specifically to repay debt (Debt Service Fund property taxes) or other financing related income. The second is calculated using audited financial statement data for all funds (General Fund, Debt Service Fund, Capital Projects Fund & Non-Major Governmental Funds).

Debt Information

Debt Summary (visual)
Debt information is presented for each debt issue as of August 31, 2015 as the total amount outstanding and the per capita amount.  Population estimates are provided by the Municipal Advisory Council of Texas (TMR Report).  The District has no revenue-supported debt obligations or lease related obligations.

 Tax Supported Debt (visual)
Outstanding General Obligation debt is presented as of fiscal year end August 31, 2015.

Inflation Adjusted Tax Supported Debt per Capita (visual)

Debt per capita is calculated using population estimates provided by the Municipal Advisory Council of Texas (TMR Report).

Debt Information in previous years adopted budgets dating back five years
Links to debt information in previous years adopted budgets within the transparency site.

Outstanding Tax-Supported Debt for last five years
Time trend for total outstanding tax-supported debt by issue going back five years.  The District has no revenue-supported debt.

Historical Bond Election Information (visual)
A listing of past bond elections is included indicating the election voting results and the projects funded with the bonds issued.

House Bill 1378 Debt Transparency Report
In compliance with HB 1378 which passed in the 84th legislative session, the Katy ISD August 31, 2016 Debt Transparency Report can be found in the attached report.

Texas Comptroller of Public Accounts - Debt At A Glance  (link)

Texas Bond Review Board  (link)

 

Public Pension

Pension Information  (link)
This page provides information related to the district’s participation in the Teacher Retirement System of Texas (TRS).

 

Other Financial Information

 Financial Services Organizational Chart (visual)

 Municipal Advisor Exemption

 TEA School Finance Manuals  (link)

 How a Dollar is Spent

 Chapter 313  (link)

 
TEA Met Standard - District & Campuses

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It is the policy of Katy ISD not to discriminate on the basis of sex, disability, race, religion, color, gender, age, or national origin
in its educational programs and/or activities, including career and technology programs, nor in its employment practices
and to provide equal access to the Boy Scouts and other designated youth groups.

Katy ISD is not responsible for the content on external websites or servers.