BUDGET SCHOOL YEAR 2015-2016 - Ector County Independent

Transcription

Ector County Independent School District
Odessa, Texas
BUDGET
SCHOOL YEAR
2015-2016
June 16, 2015
Ector County ISD does not discriminate on the basis of gender, age, race,
Nationality, religion, disability, socioeconomic standing or non-proficiency in
English language skills in providing educational services for students’
benefits.
El Distrito Escolar Independiente del Condado de Ector no discrimina en
base de genero, edad, raza, nacionalidad, religion, incapacidad, estado
socioeconomico, o falta de habilidad en las destrezas del idioma ingles, al
proporcionar servicios educativos para beneficio de los estudiantes.
TABLE OF CONTENTS
Page
Board of Trustees……………………………………………………………...
1
Public Meeting-Budget………...……………………………………..............
2
Public Meeting -Tax Rate……………………………………………………..
10
REVENUES:
Tax Revenue Calculations………………………………………………..
21
Summary of Finances – State Revenue………………………………...
22
APPROPRIATIONS:
By Object of Appropriation………………………………………………..
30
By Function of Appropriation……………………………………………..
32
OTHER INFORMATION:
Ordinance to set tax rate..………………..………………………………..
34
Required Summary Report………………………………………………..
35
Notices of Public Meetings………………..………………………………
36
Homestead Resolution…………………………………………………….
38
Appraisal Roll Certification………………………………………………..
39
Appraisal Roll Summary…………………………………………………..
43
Appraisal Values – By Type….……………………………………………
45
ECTOR COUNTY INDEPENDENT SCHOOL DISTRICT
BOARD OF TRUSTEES
Nelson Minyard – President
Position 7
Term Expires 2017
Teri Ervin – Vice President
Position 2
Term Expires 2017
Doyle Woodall - Secretary
Position 4
Term Expires 2017
Carol Gregg
Position 1
Term Expires 2019
Dr. Donna Smith
Position 3
Term Expires 2019
Dr. Steve Brown
Position 5
Term Expires 2017
Ray Beaty DC
Position 6
Term Expires 2019
1
ECISD
2015‐2016 Budget
June 16, 2015
2
Basic Budgeting Requirements
 Budget prepared by June 20. The Superintendent is the district budget officer.
 President of board calls a public meeting with 10 days notice in newspaper. Taxpayer participation allowed at the public meeting to adopt the budget.
 Concurrent with newspaper notice‐ online summary of proposed budget must be provided on ECISD’s website.
 The budget must meet accounting guidelines and State requirements.
 The budgets for the general fund, food service fund, and debt service fund must be included in the original budget.
• The board approves the original budget for the general fund, food service fund, debt service fund and any amendments to them throughout the year.
• The budget must be prepared and approved at the fund and function levels to comply with legal control mandates.
• The budget must be adopted before July 1.
• The officially adopted budget must be filed annually with TEA through the TEA reporting system – PEIMS (Public Education Information Management System).
• The budget must be amended before exceeding a functional category of expenditures.
3
2015‐2016 Estimated Revenues
General Fund
BUDGET 2014‐2015 BUDGET 2015‐2016 CHANGE + (‐) PERCENT + (‐)
LOCAL
$151.66 $136.54 ($15.12)
‐9.97%
STATE
$70.74 $79.49 $8.75 12.37%
$2.84 $2.84 $0.00 0.00%
$225.24 $218.87 ($6.37)
‐2.83%
FEDERAL
TOTAL
4
2015‐2016 Appropriations by Object
General Fund
Payroll
$179.88 $187.98 $8.10 4.50%
Services/Utilities
$16.91 $17.34 $0.43 2.54%
Supplies
$16.40 $13.38 ($3.02)
‐18.41%
Other Operating
$8.50 $8.81 $0.31 3.65%
Capital
$3.15 $1.32 ($1.83)
‐58.10%
TOTAL
$224.84 $228.83 $3.99 1.77%
5
Major Changes in General Fund Appropriations for 2015‐2016
Increases and (Decreases) from Prior Year:
Payroll appropriation increases (net)
$8,100,000 Campus and support service allotment increases
Software appropriation increases
1,600,000 770,000 Estimated increase in Chapter 41 recapture
8,000 Decrease in capital outlay
(1,832,000)
Decrease in other reserves
(4,659,000)
Total
$3,987,000
6
2015‐2016 Other Sources (Uses)
General Fund
Salvage Proceeds
Transfer to RDSPD
Transfers In
TOTAL
$0.07 $0.07 $0.00 0.00%
($0.47)
($0.47)
$0.00 0.00%
$0.00 $10.36 $10.36 2607.60%
($0.40)
$9.96 $10.36 2607.60%
7
Staffing Changes
(General Fund Only)
•
Position additions are due to five new campuses, enrollment growth and increased other basic operational needs within the district related to student and general district growth.
‐ 109 secondary positions added.
‐ 15 early college high school positions added.
‐ 151 elementary positions added.
‐ 25 other positions added:
 15 support staff
 10 administrative professionals
8
2015‐2016 Salary Schedule Teacher starting pay has been increased by $500 and pay steps are increased by $500.
• All other employees are receiving a salary increase of 2% of midpoint of their salary range.
• A reserve has been established to fund pay adjustments adopted from the 2015 TASB salary study.
• Incentive pay has been added for non‐instructional paraprofessionals and certified nurse assistants for $300 per year.
•
9
2015 Tax Rate Adoption
2015 Tax Rates to adopt:
M&O: $1.04
I&S: $.11
Total: $1.15
10
Taxable Values
Last Ten Years
15.0
14.256
14.0
13.402
13.191
13.0
11.599
12.0
11.0
10.233
9.565
10.0
Series1
9.273
9.001
9.0
7.597
8.0
7.0
6.569
6.0
5.0
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
11
2012-13
2013-14
2014-15
2015-16
ECISD TAX RATE – M&O Only
1.28
1.03
2006-07
2007-08
1.04
2008-09
1.04
2009-10
1.04
2010-11
12
1.04
2011-12
1.04
2012-13
1.04
2013-14
1.04
2014-15
1.04
2015-16
ECISD TAX RATE – I&S Only
0.19
0.17
0.15
0.13
0.1210
0.1210
0.11
0.1100
0.0950
0.09
0.0950
0.0920
0.0886
0.0800
0.0820
0.0795
0.07
0.05
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
13
2012-13
2013-14
2014-15
2015-16
Truth in Taxation
Four Principles
•
•
•
•
Property owners have the right to know of increases in their
properties’ appraised value and to be notified of the estimated taxes
that could result from the new value.
A school district must publish its proposed tax rate, rollback rate and
other specific information about its proposed taxes.
A school district must publish a budget and proposed tax rate
hearing notice and hold a public hearing to provide an opportunity
for citizen input concerning these issues.
A school district must hold an election to ratify a tax rate above its
rollback rate.
14
Truth in Taxation
(Continued)
•
•
•
Effective Tax Rate – Rate that would provide the school district with
about the same amount of revenue it received in the year before, on
properties taxed in both years (if property values rise, effective rate
goes down).
Effective M&O Tax Rate – Rate that when imposed on the current
year’s taxable value, yields state and local revenue per student
equal to the state and local revenue per student for the preceding
year, including the new funds distributed for property tax relief and
additional funding for teacher pay raises.
Rollback Tax Rate – Rate is a calculated maximum rate allowed by
law without voter approval. If the school district adopts a tax rate that
is higher than the rollback rate, school board trustees must hold an
election to ask voters to approve the rate.
15
Truth in Taxation
(Continued)
• Effective Tax Rate - $1.238983
• Effective M&O Tax Rate - $1.19935
• Rollback Rate - $1.150128
• Proposed Rate - $ 1.15
NOTE: The above effective tax rate does not take into
consideration the school district’s unique calculations.
16
Taxpayer Impact
• Average Taxpayer Last Year:
($98,959/100) * $1.161= $1,148.91
• Average Taxpayer This Year:
($98,900/100) * $1.15= $1,137.35
Average decrease = ($11.56)
NOTE: The above does not include age 65 and older and disabled
homeowner’s exemptions.
17
QUESTIONS
18
Public Comments
• Public comments regarding tax rate
adoption.
19
Please approve
Please approve the motion to adopt the proposed tax
rates of $1.04 and $.11 for the
2015 tax year.
Thank you ECISD Board.
20
REVENUES
ODESSA, TEXAS
CALCULATIONS OF AD VALOREM TAX REVENUES
2015 - 2016
ESTIMATED TAX
Per $100
Valuation
Maintenance and Operations
Assessed Valuation of
13,190,683,066 @
Less Delinquency
$1.04000
$
2.45%
137,183,104
-3,360,986
Net Current Tax Collections
133,822,118
Plus Estimated Delinquent Collections
2,600,000
Total Tax Revenue for Maintenance and Operations
$
136,422,118
Debt Service
13,190,683,066 @
Less Delinquency
$0.1100
2.45%
14,509,751
-355,489
14,154,262
198,000
Total Tax Revenue for Debt Service
$14,352,262
Total
13,190,683,066 @
Less Delinquency
$1.1500
2.45%
151,692,855
-3,716,475
147,976,380
2,798,000
Total Tax Revenue
$150,774,380
21
The format of the following Summary of Finances report mirrors (for the most part) the report
generated by TEA. "LPE" data is not on this report.
84th Legislative Session
Release 4
8/10/2015
2015-16 Summary of Finances
ECTOR COUNTY ISD
068-901
Funding Elements
Students
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Refined Average Daily Attendance (ADA)
Regular Program ADA (Line 1 - Line 3 - Line 4)
Special Education FTEs
Career & Technology FTEs
Advanced Career & Technology FTEs
High School ADA
Weighted ADA (WADA)
Prior Year Refined ADA
Texas School for the Blind and Visually Impaired ADA
Texas School for the Deaf ADA
(Link to Detail Report)
From
Date Entry
29,008.872
27,306.868
585.788
1,116.216
156.991
6,957.600
36,860.600
29,008.872
2.000
0.000
Staff
11.
12.
Full-time Staff (not MSS)
Part-time Staff (not MSS)
1,402
33
Property Values
13.
14.
2015 (current tax year) Locally Certified Property Value
2014 (prior tax year) State Certified Property Value ("T2" value)
Not Needed
14,565,041,265
Tax Rates and Collections
15.
16.
17.
18.
19.
20.
21.
22.
2005 Adopted M&O Tax Rate
2015-16 Compressed M&O Tax Rate
Average Tax Collection Rate
2015-16 M&O Tax Rate
2015-16 M&O Tax Collections
2015-16 I&S Tax Collections
2015-16 Total Tax Collections
2015-16 Total Tax Levy
1.4000
0.9333
Not Needed
1.0400
$136,422,118
$14,352,262
$150,774,380
$151,692,852
Funding Components
23.
24.
25.
26.
27.
Adjusted Allotment
Revenue at Compressed Rate (RACR) per WADA
Cost of Education Index (CEI)
Adjusted CEI
Per Capita Rate
22
$5,538
$0
1.140
1.140
$176.135
Tier I Allotments
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
39.
40.
41.
Program Intent Codes - Allotments
11-Regular Program Allotment
23-Special Education Adjusted Allotment (Spend 52%)
22-Career & Technology Allotment (Spend 58%)
21-Gifted & Talented Adjusted Allotment (Spend 55%)
24-Comp Ed Allotment (Spend 52%) (no Detail Report included)
25-Bilingual Education Allotment (Spend 52%)
11-Public Education Grant
99-New Instructional Facilities Allotment (NIFA)
99-Transportation Allotment (no Detail Report included)
31-High School Allotment
Total Cost of Tier I
(Link to Tier I Detail Report)
Less: Local Fund Assignment
State Share of Tier I
Per Capita Distribution from the Available School Fund (ASF)
$151,225,435
$13,129,796
$8,353,016
$957,942
$18,136,559
$2,506,612
$0
$409,430
$2,222,078
$1,913,340
$198,854,208
$142,737,404
$56,116,803
$5,109,478
Foundation School Program (FSP) State
Funding
42.
43.
44.
45.
46.
Greater of State Share of Tier I or (ASF+NIFA+HS)
Tier II State Aid
(Link to Tier II Detail Report)
Other Programs
Less: Total Available School Fund ($176.135 * Prior Year ADA)
Total FSP Operating Fund
$56,116,803
$6,920,107
$698,957
($5,109,478)
$58,626,389
State Aid by Funding Source
47.
48.
49.
50.
51.
52.
53.
Fund Code/Object Code - Funding Source
199/5812 - Foundation School Fund
199/5811 - Available School Fund
599/5829 - Existing Debt Allotment (EDA)
599/5829 - Instructional Facilities Allotment (IFA) (Bond) (Link to Detail Report)
599/5829 - Instructional Facilities Allotment (Lease Purchase) (See Link Above)
TOTAL 2015-16 FSP/ASF STATE AID
FSP Allocations and Adjustments Report
$58,626,389
$5,109,478
$35,217
$0
$0
$63,771,084
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)
55.
M&O Rev From Local Taxes (net of recapture and up to compressed rate)
56.
M&O Rev From Local Taxes (up to $.06 above compressed rate; no recapture)
57.
M&O Rev From Local Taxes (net of any recapture)
58.
Additional M&O Rev Resulting From ASATR Credit Against Recapture
59.
2015-16 TOTAL STATE/LOCAL M&O REVENUE
60.
Less: Credit Balance Due State (See Foundation School Fund balance above)
61.
2015-16 NET TOTAL STATE/LOCAL M&O REVENUE
SUMMARY OF TOTAL CHAPTER 41 RECAPTURE:
62.
Recapture at the $514000 Level
63.
Recapture at the $319500 Level
64.
Total 2015-16 Recapture
65.
Less: ASATR Credit Against Recapture
66.
Total 2015-16 Recapture Payments To TEA (Link to Detail Report)
23
$63,735,867
$128,551,611
$7,870,507
$0
$0
$200,157,985
$0
$200,157,985
$0
$0
$0
$0
$0
2015-16 M&O Hold Harmless Calculations:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Data Elements
2014 Tax Year Property Value
2015-16 Adopted M&O Tax Rate
2014-15 Adopted M&O Tax Rate
2015-16 M&O Collections (includes local share of IFA lease-purchase and TIF payment)
2015-16 Total M&O Collections @ Lesser M&O Rate (includes local share of IFA lease-purchase and TIF payment)
Local Share of Tier I (Local Fund Assignment or 'LFA')
ASF + High School Allotment + NIFA
State Funding Calculations
State Share of Tier I (Greater of Line 6 - Line 7 or Line 8)
Tier II Level I Allotment ("Golden" Penny Allotment)
Tier II Level II Allotment ("Copper" Penny Allotment)
Additional State Aid for Tax Reduction (ASATR)
Cost of Recapture Using Line 5 Collections
Additional State Aid for Homestead Exemption (ASAHE)
Local Revenue Net of Recapture (Line 5 - Line 13)
State Aid (Line 9 + Line 10 + Line 11 + Line 12)
State and Local Revenue Net of Recapture (Line 14 + Line 15)
ASAHE (M&O Hold Harmless) (Line 16 @ $15K - Line 16 @ $25K)
@ $25K
14,565,041,265
$1.0400
$1.0400
$136,422,118
$136,422,118
$198,854,208
$142,737,404
$56,116,803
@ $15K
14,852,720,947
$1.0400
$1.0400
$139,116,643
$139,116,643
$198,854,208
$145,556,665
$53,297,542
Change
($287,679,682)
$0.0000
$0.0000
($2,694,525)
($2,694,525)
$0
($2,819,261)
$2,819,261
$56,116,803
$6,920,107
$0
$0
$0
$53,297,542
$6,764,760
$0
$0
$0
$2,819,261
$155,347
$0
$0
$0
$136,422,118
$63,036,910
$199,459,028
$139,116,643
$60,062,302
$199,178,946
$0
($2,694,525)
$2,974,608
$280,083
2015-16 I&S Hold Harmless Calculations:
Data Elements
1 2014 Property Value With $25K Homestead Exemption (T8)
2 2014 Property Value With $15K Homestead Exemption (T9)
3 Debt Service on Eligible Bonds
Local Revenue Loss Caused by Homestead Exemption Increase
4 IFA Local Share @$25,000
5 EDA Local Share @25,000
6 Local Revenue Requirement Net of IFA and EDA (Line 3 - Line 4 - Line 5)
7 Taxes Lost Due to Homestead Exemption Increase [ (Line 6 x (Line 2 - Line 1)) / Line1]
State Aid Gain From Homestead Exemption Increase
8 IFA State Aid @$25,000
9 IFA State Aid @$15,000
10 IFA Gain (Line 8 - Line 9)
11 EDA State Aid @25,000
12 EDA State Aid @$15,000
13 EDA Gain (Line 11- Line 12)
14 Total EDA & IFA Gain (Line 11 + Line 13)
Hold Harmless Amount
15 I&S Hold Harmless (Line 7 -Line 14, or zero if less than zero)
16 Net Local Revenue Requirement (Line 6 - Line 15)
17 I&S Tax Collections
18 Adjusted I&S Hold Harmless (Line 15 unless Line 17 is less than Line 16, then Line 15 x (Line 17 / Line 16)
24
$14,565,041,265
$14,852,720,947
$14,151,778
$0
$12,368,769
$1,783,009
$35,217
$0
$0
$0
$0
$0
$0
$0
$35,217
$1,747,792
$14,352,262
$35,217
Fractional Funding Analysis:
2015-16
@ Current Compressed Rate
0.9333
4,797
2015-16
@ Adjusted Compressed Rate
0.9800
5,037
2015-16
Change
0.0467
189,584,089
135,935,530
53,648,558
198,854,208
142,737,404
56,116,803
9,270,119
6,801,874
2,468,245
Recapture @ Compressed Rate
0
0
0
ASATR
0
0
0
Compressed Rate
Basic Allotment
Local Fund Assignment
Tier I State Aid
Change Up to Compressed Rate
2,468,245
# of Copper Pennies
State Revenue for Copper Pennies
Recapture on Copper Pennies
4.67
0
0.00
0
(4.6700)
0
1,109,266
0
1,109,266
NET CHANGE FROM COPPER PENNY MOVEMENT
3,577,510
NOTE: If the district's compressed rate is less than $1.00 and has "copper" pennies available to move
over to the compressed rate in order to reduce or eliminate the "fractionally-funded" penalty imposed
against the Basic Allotment, the district will benefit from the movement if the Net Change From
Copper Penny Movement as noted above is a positive number. If that amount is negative,
the movement will result in a loss of total state/local revenue, so you wouldn't want to move them.
This template assumes that if positive, the movement would take place. The results that you see
on the Report-SOF1516 tab are the results of the movement or non-movement, whichever is
applicable.
For the movement to take place, the board of trustees must notify the commissioner in
writing by September 1, 2015.
25
CCISR
Phone: (432)456-0000
P.O. Box 3912 • 802 N. Sam Houston Ave • Odessa, Texas 79760
www ectorcountyisct.org
July 15, 2015
CDN# 068-901
Office of School Finance
Texas Education Agency
1701 North Congress Avenue
Austin, Texas 78701-1494
Subject: Notification of fetor County ISO's intent to modify the compressed tax rate for the 2015-2016
school year
Dear Ms. Copeland,
Ector County ISO requests that the Texas Education Agency modify our compressed tax rate for the
2015-2016 school year. Our adopted maintenance and operations tax rate for the 2015-2016 school
year will be $1.04.
Sincerely,
Thomas Crowe
Superintendent
Date:
Signature of Superintendent
rtatend
Date:
Board President
26
A
1 District Name:
2 County-District No.:
3 Run Date:
B
ECTOR COUNTY ISD
068-901
8/18/2015
C
D
E
F
G
H
I
< (ENTER # WITH DASH, i.e., 001-902)
4 Date Prepared:
5
6
7 Template for Estimating Total State Aid - Property of BOSC, Inc.
by Omar Garcia, BOSC, Inc.
8
9
10 This template is designed to calculate revenue based on the school finance provisions enacted by the 84th Session of the Texas Legislature
11 and is based on my current understanding of those provisions and of previous laws.
12 MY UNDERSTANDING IS ABSOLUTELY SUBJECT TO CHANGE AT ANY TIME.
13
(Cells shaded light yellow require data entry, if applicable)
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
31
32
33
36
37
39
40
41
42
Funding Elements
Students
Refined ADA (PreK - 12)
High School Refined ADA (Grades 9 thru 12 only)
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
FTEs of Pregnant Students
Bilingual ADA
G & T Enrollment
Public Ed Grant Student ADA
New Instructional Facility Allotment (NIFA) ADA
43 Staff
44 # of Full-time Employees (excluding admin & teachers, etc)
45 # of Part-time Employees (excluding administrators)
46
Property Values
47
48
49
50
51
52
State Certified Property Value ("T2" value) @ $25K Exemption
53
Tax Rates and Collections
54 M&O Adopted Tax Rate
55 M&O Tax Collections @ Adopted M&O Rate
2013-14
Data Entry
2014-15
Data Entry
2015-16
Data Entry
28,092.262
6,678.253
29,008.872
6,957.600
29,008.872
6,957.600
29,008.872
6,957.600
3.735
0.000
28.826
328.747
184.902
0.000
2.263
0.000
0.000
0.000
567.633
981.920
156.991
16,371.170
9.100
3,952.614
2,364.000
0.000
3.841
1.349
32.527
357.653
188.023
0.000
2.189
0.000
0.000
0.206
518.139
1,116.216
156.991
16,271.330
8.574
4,526.204
2,795.000
0.000
2013-14
1,351.420
36.580
2012 TAX
YEAR
12,005,057,664
12,005,057,664
12,005,057,664
12,005,057,664
2014-15
1,402.330
33.000
2013 TAX
YEAR
13,941,893,116
13,941,893,116
13,941,893,116
13,941,893,116
3.841
1.349
32.527
357.653
188.023
0.000
2.189
0.000
0.000
0.206
518.139
1,116.216
156.991
16,271.330
8.574
4,526.204
2,795.000
0.000
1,637.720
2015-16
1,402.330
33.000
2014 TAX
YEAR
14,565,041,265
14,565,041,265
14,852,720,947
14,852,720,947
3.841
1.349
32.527
357.653
188.023
0.000
2.189
0.000
0.000
0.206
518.139
1,116.216
156.991
16,271.330
8.574
4,526.204
2,795.000
0.000
0.000
2016-17
1,402.330
33.000
2015 TAX
YEAR
0
0
0
0
2013-14
1.0400
135,798,944
2014-15
1.0400
146,015,109
0
0.1210
15,769,489
0
0
0.1210
16,984,366
0
2015-16
1.0400
136,422,118
0
0
0.1100
14,352,262
0
2016-17
0.0000
0
0
0
0.0000
0
0
2,188,676
0.0000
0.0000
155,593,667
5,397
139,648
0
14,390,829
0
0
0
0
0
2,222,078
0.0000
2.0000
165,513,071
6,010
155,533
0
14,393,179
0
0
0
0
0
2,222,078
0.0000
2.0000
151,692,852
5,965
154,351
0
14,151,778
0
0
0
0
0
2,222,078
0.0000
0.0000
0
5,965
154,351
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2013-14
y
y
30,858
0
1,577,733
0
2014-15
y
y
31,971
0
1,591,313
0
2015-16
y
y
31,971
0
1,724,535
0
0
0
0
0
56 M&O Taxes Distributed to TIF Arrangement
57 M&O Taxes Attributed to Change in Optional Homestead Exemption
58 I&S Adopted Tax Rate
59 I&S Tax Collections
60 Unequalized Collections Used for EDA/IFA Local Share
61
2016-17
Data Entry
Other Data
62 Transportation Allocation
63 Texas School for the Deaf Students
64 Texas School for the Blind Students
65 Total Tax Levy
66 Charge for Adv Placement Tests (enter as positive or negative #)
67 Charge for Early Child Intervention (enter as positive or negative #)
68 Tuition Paid If Less Than 12 Grades
69 Bond Payment (see Column Q re: QSCB and other programs)
70 State Aid Reduction for WADA Sold (enter as negative #)
71 Supplemental TIF Payment From TEA
73 Tax Credit for Tax Code, Chapter 313 Value Limitations
74 Other Adjustments for M&O Tax Collections
75 Tuition Allotment (42.106)
77 2012-13 RPAF Adjustment (if negative, enter as negative #)
78 LPE Current Foundation School Fund Allocation (see Column U)
79 Foundation School Fund Adjustments to Date (see Column U)
80
Chapter 41 Data
81 Q. Chapter 41 District? - if yes, change to Y
82 Q. First-Time Chapter 41 district? (beginning with 2006-07 or later)
83 Enrollment
84 # of Non-Resident Students Who Are Charged Tuition
85 County Appraisal District (CAD) Cost
86 CAD Cost Paid by Partner's, if applicable
87 # of Resident Students Being Educated by Another District
88
for which the District is Paying Tuition
89 Amount of Tuition Paid per Student
90 Chapter 42 Funding Credit Against Recapture (enter as negative #)
0
0
(276,478)
27
0
0
0
2016-17
y
y
0
0
1,724,535
0
0
0
0
0
A
B
91 Q. Was the least expensive Option chosen? (Level 1)
92 Q. Was the least expensive Option chosen? ($319,500 level)
93
C
Y
Y
Effective M&O Tax Rate / Notice Data
96 Projected Collection Rate for Current Levy (98%=.98; 100%=1, etc.)
97 2015 Total Taxable Value
98 Certified Excess 2014 Debt Collections
99 TRE Cents Approved by the District's Voters (enter as .09, .13, etc)
28
D
E
Y
Y
F
G
Y
Y
2015-16
0.9939
13,190,683,066
0
0.0000
H
I
Y
Y
A
100
B
Data Automatically Loaded
101 M&O Compressed Rate
102 Highest Grade Taught
103 Square Miles
104 Miles From Nearest HS
105 Unadjusted Cost of Education Index
106 2005-06 M&O Adopted Tax Rate
108 2008-09 WADA
115 2009-10 Transportation Allotment
116 2009-10 New Instructional Facilities Allotment (NIFA)
118 2010-11 Adopted M&O Tax Rate
119 2010-11 Total Refined ADA
120 2010-11 Adjusted Total Refined ADA
121 2010-11 I&S Tax Collections
122 2010-11 EDA Local Share
123 2010-11 IFA Local Share for Bonded Debt
124 2009 CPTD Value
126 2009-10 Adjusted HB 1 Revenue per WADA
128 2011 CPTD "T8" Value
129 2012-13 I&S Tax Collections
130 2012-13 Bond Payment for EDA
131 2012-13 IFA Eligible Debt Payments for IFA
C
D
2013-14
0.9333
12
904
0
1.140
1.400
32,109.1140
1,966,971
0
1.0400
25,546.435
25,546.435
9,059,658
9,253,315
0
9,384,426,273
25,927.310
4,850.159
26,870.233
10,707,940,678
9,177,525
9,196,622
0
132 Chapter 41 Data:
133 1992-93 M&O Tax Collections
0
0
0
0
134 1992-93 CED Distribution
135 1992-93 Chapter 36 WADA
136 1991 CPTD Property Value
138
139
140
141
142
143
144
145
146
147
148
29
E
2014-15
0.9333
12
904
0
1.140
F
G
2015-16
0.9333
12
904
0
1.140
H
I
2016-17
0.9333
12
904
0
1.140
APPROPRIATIONS
TWO YEAR COMPARISON OF REVENUES, APPROPRIATIONS AND OTHER FINANCING SOURCES
ALL GOVERNMENTAL FUND TYPES
2014-15 AND 2015-16
( UNAUDITED )
GENERAL FUND
Codes
FOOD SERVICE FUND
2014-15
2015-16
VARIANCE
2014-15
2015-16
VARIANCE
APPROVED
BUDGET
PROPOSED
BUDGET
INCREASE
(DECREASE)
APPROVED
BUDGET
PROPOSED
BUDGET
INCREASE
(DECREASE)
REVENUES
5700
5800
5900
Local and Intermediate
State
Federal
Total - All Revenues
$
APPROPRIATIONS
6100
Payroll Costs
6200
Purchased/Contracted Services
6300
Supplies and Materials
6400
Other Operating Expenses
6500
Debt Service
6600
Capital Outlay
Total - All Appropriations
OTHER FINANCING SOURCES/(USES)
Other Financing Sources (Uses)
7000
Total - Other Financing Sources (Uses)
Excess (Deficiency) of Revenues and Other
Financing Sources over Appropriations
3000
Fund Balance Beginning (Estimated)
Fund Balance Ending (Estimated)
151,656,200 $ 136,535,145 $
4,948,550 $
6,742,000 $
1,793,450
36.2%
70,742,758
79,488,179
8,745,421
12.4%
350,071
370,000
19,929
5.7%
2,840,828
2,840,828
0
0.0%
9,616,250
9,898,516
282,266
2.9%
225,239,786
218,864,152
(6,375,634)
-2.8%
14,914,871
17,010,516
2,095,645
14.1%
179,881,339
187,979,434
8,098,095
4.5%
6,527,185
7,199,920
672,735
10.3%
16,912,672
17,343,179
430,507
2.5%
606,200
606,200
0
0.0%
16,396,797
13,379,745
-18.4%
7,817,286
9,042,696
1,225,410
15.7%
8,502,203
8,810,439
308,236
3.6%
90,200
111,700
21,500
23.8%
0
0
0
0.0%
0
0
0
3,149,357
1,316,956
-58.2%
2,545,000
50,000
(2,495,000)
100.0%
224,842,368
228,829,753
3,987,385
1.8%
17,585,871
17,010,516
(575,355)
-3.3%
(397,418)
9,965,601
10,363,019
2607.6%
0
0
0
0.0%
(397,418)
9,965,601
10,363,019
2607.6%
0
0
0
0.0%
0
0
0.0%
0
2,671,000
-100.0%
(2,671,000)
0
-33.2%
0
$
76,114,024
76,114,024
30
58,831,000
58,831,000 $
(15,121,055)
(3,017,052)
(1,832,401)
(17,283,024)
(17,283,024)
-10.0%
$
(2,671,000)
-22.7%
-22.7%
$
8,054,279
5,383,279
5,383,279
5,383,279 $
0.0%
0.0%
DEBT SERVICE FUND
2015-16
VARIANCE
2014-15
2015-16
VARIANCE
APPROVED
BUDGET
PROPOSED
BUDGET
INCREASE
(DECREASE)
APPROVED
BUDGET
PROPOSED
BUDGET
INCREASE
(DECREASE)
$ 17,151,444 $
0
15,377,326 $
0
0
0
17,151,444
15,377,326
0
0
0
0
0
0
(1,774,118)
0
0
-10.3%
$ 173,756,194 $ 158,654,471 $
71,092,829
0.0%
79,858,179
(15,101,723)
8,765,350
0.0%
12,457,078
12,739,344
-10.3%
257,306,101
251,251,994
(6,054,107)
-2.4%
0
0.0%
186,408,524
195,179,354
8,770,830
4.7%
0
0.0%
17,518,872
17,949,379
430,507
0
0.0%
24,214,083
22,422,441
(1,774,118)
282,266
-8.7%
12.3%
(1,791,642)
2.3%
2.5%
-7.4%
0
0
0
0.0%
8,592,403
8,922,139
329,736
3.8%
14,311,804
18,219,778
3,907,974
27.3%
14,311,804
18,219,778
3,907,974
27.3%
(4,327,401)
-76.0%
0
0
0
0.0%
5,694,357
1,366,956
14,311,804
18,219,778
3,907,974
27.3%
256,740,043
264,060,047
7,320,004
2.9%
0
0
0
0.0%
(397,418)
9,965,601
10,363,019
2607.6%
0
0
0
0.0%
(397,418)
9,965,601
10,363,019
2607.6%
168,640
(2,842,452)
(3,011,092)
-1785.5%
(17,114,384)
(20,125,476)
-19.6%
2,839,640
$
TOTAL
2014-15
3,334,812
6,174,452
(2,842,452)
6,174,452
3,332,000 $
(5,682,092)
-200.1%
2,839,640
(2,842,452)
-46.0%
85.2%
$
87,503,115
87,671,755 $
70,388,731
67,546,279 $
31
-23.0%
TWO YEAR COMPARISON OF REVENUES, APPROPRIATIONS AND OTHER FINANCING SOURCES
ALL GOVERNMENTAL FUND TYPES
2014-15 AND 2015-16
( UNAUDITED )
GENERAL FUND
2014-15
2015-16
VARIANCE
APPROVED
BUDGET
PROPOSED
BUDGET
INCREASE
(DECREASE)
$ 151,656,200
$ 136,535,145
70,742,758
79,488,179
8,745,421
12.4%
2,840,828
225,239,786
2,840,828
218,864,152
0
(6,375,634)
-2.8%
131,626,941
132,473,987
847,046
0.6%
2,708,633
2,855,662
147,029
5.4%
4,697,832
3,706,618
5,143,412
3,620,920
445,580
(85,698)
-2.3%
16,441,013
9,060,285
17,488,652
9,973,305
Codes
REVENUES
5700
5800
5900
Local and Intermediate
State
Federal
Total - All Revenues
APPROPRIATIONS
11
Instruction
12
Instructional Resources and Media Services
13
Curriculum and Staff Development
21
Instructional Leadership
23
School Leadership
31
Guidance, Counseling and Evaluation Services
32
Social Work Services
33
Health Services
34
Student Transportation
35
Food Services
36
Co/Extra Curricular Activities
41
General Administration
51
Plant Maintenance and Operations
52
Security and Monitoring Services
53
Data Processing Services
61
Community Services
71
Debt Services
81
Facilities Acquisition and Construction
91
Contracted Instructional Services
99
Intergovernmental Charges
Total - All Appropriations
OTHER FINANCING SOURCES/(USES)
Other Financing Sources (Uses)
7000
Total - Other Financing Sources (Uses)
Fund Balance Beginning (Estimated)
Fund Balance Ending (Estimated)
1,047,639
913,020
0.0%
9.5%
6.4%
10.1%
564,673
2,519,609
8,155,501
12,000
595,083
(604,306)
(3,000)
-20.0%
5,479,967
6,488,276
5,548,401
7,412,133
68,434
923,857
14.2%
21,659,262
20,947,453
(711,809)
-3.3%
2,526,650
5,050,623
1,200,788
0
152,000
2,535,669
5,532,002
1,208,383
0
12,000
9,019
481,379
7,595
0
(140,000)
0.4%
1,093,815
1,724,535
224,842,368
1,101,456
1,724,535
228,829,753
7,641
0
3,987,385
0.7%
9,965,601
9,965,601
10,363,019
10,363,019
2607.6%
0
0
0.0%
0
76,114,024
76,114,024
32
58,831,000
58,831,000 $
38,876
-10.0%
525,797
(397,418)
(397,418)
$
(15,121,055)
1,924,526
8,759,807
15,000
Excess (Deficiency) of Revenues and Other
Financing Sources over Appropriations
3000
$
(17,283,024)
(17,283,024)
7.4%
30.9%
-6.9%
1.2%
9.5%
0.6%
0.0%
-92.1%
0.0%
1.8%
2607.6%
-22.7%
-22.7%
FOOD SERVICE FUND
$
TOTAL
2015-16
VARIANCE
2014-15
2015-16
VARIANCE
2014-15
2015-16
VARIANCE
APPROVED
BUDGET
PROPOSED
BUDGET
INCREASE
(DECREASE)
APPROVED
BUDGET
PROPOSED
BUDGET
INCREASE
(DECREASE)
APPROVED
BUDGET
PROPOSED
BUDGET
INCREASE
(DECREASE)
-10.3%
$ 173,756,194
$ 158,654,471
0.0%
71,092,829
79,858,179
8,765,350
12.3%
0.0%
-10.3%
12,457,078
257,306,101
12,739,344
251,251,994
282,266
(6,054,107)
-2.4%
4,948,550 $
6,742,000 $
1,793,450
36.2%
$ 17,151,444
350,071
370,000
19,929
5.7%
0
0
9,616,250
14,914,871
9,898,516
17,010,516
282,266
2,095,645
2.9%
14.1%
0
17,151,444
0
15,377,326
0
0
0
0.0%
0
0
0
0.0%
131,626,941
132,473,987
847,046
0.6%
0
0
0
0.0%
0
0
0
0.0%
2,708,633
2,855,662
147,029
5.4%
0
0
0
0
0
0
0.0%
0
0
0
0
0
0
0.0%
4,697,832
3,706,618
5,143,412
3,620,920
445,580
(85,698)
-2.3%
0
0
0
0
0
0
0.0%
0
0
0
0
0
0
0.0%
0.0%
16,441,013
9,060,285
17,488,652
9,973,305
0
0
0
0.0%
0
0
0
0.0%
525,797
564,673
0
0
16,373,986
0
0
15,799,131
0.0%
0
0
0
0
0
0
0
0
0
0.0%
1,924,526
8,759,807
16,388,986
2,519,609
8,155,501
15,811,131
595,083
(604,306)
(577,855)
0
0
0
0
0
0
0
0
0.0%
0.0%
0
0
0.0%
5,479,967
6,488,276
5,548,401
7,412,133
68,434
923,857
14.2%
1,211,885
1,211,385
0.0%
0
0
0
0.0%
22,871,147
22,158,838
(712,309)
-3.1%
0
0
0
0
0
0
0
0
0
0
0.0%
0
0
0
14,311,804
0
0
0
0
18,219,778
0
0
0
0
3,907,974
0
0.0%
2,526,650
5,050,623
1,200,788
14,311,804
152,000
2,535,669
5,532,002
1,208,383
18,219,778
12,000
9,019
481,379
7,595
3,907,974
(140,000)
0.4%
0
0
17,585,871
0
0
17,010,516
0
0
14,311,804
0
0
18,219,778
0
0
3,907,974
1,093,815
1,724,535
256,740,043
1,101,456
1,724,535
264,060,047
7,641
0
7,320,004
0.7%
0
0
0
0
0.0%
0.0%
0
0
0
0
0
0
(397,418)
(397,418)
9,965,601
9,965,601
10,363,019
10,363,019
2607.6%
0
0
2,671,000
100.0%
2,839,640
168,640
(2,842,452)
(3,011,092)
-1785.5%
(2,671,000)
0
-33.2%
(17,114,384)
(20,125,476)
-19.6%
(2,671,000)
$
DEBT SERVICE FUND
2014-15
8,054,279
5,383,279
5,383,279
5,383,279 $
0
0
(574,855)
0
0
(500)
0
0
0
0
0
0
0
(575,355)
0.0%
0.0%
-3.5%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
-3.3%
0.0%
$
3,334,812
6,174,452
$
15,377,326 $
(2,842,452)
6,174,452
3,332,000 $
33
(1,774,118)
0
0
(1,774,118)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
27.3%
0.0%
0.0%
0.0%
27.3%
0.0%
0.0%
(5,682,092)
-200.1%
2,839,640
(2,842,452)
-46.0%
85.2%
$
87,503,115
87,671,755 $
$
70,388,731
67,546,279 $
(15,101,723)
1,047,639
913,020
38,876
-8.7%
2.3%
9.5%
6.4%
10.1%
7.4%
30.9%
-6.9%
-3.5%
1.2%
9.5%
0.6%
27.3%
-92.1%
0.0%
2.9%
2607.6%
-23.0%
OTHER INFORMATION
STATE OF TEXAS
§
COUNTY OF ECTOR
§
ORDINANCE TO SET TAX RATE
September 15, 2015
On this date, we, the Board of Trustees of the Ector County Independent School District, hereby levy or set
the tax rate on $100 valuation for the District for the tax year 2015 at a total tax rate of $1.15,
to be assessed and collected by the duly specified assessor and collector as follows:
$1.04 for the purpose of maintenance and operation, and
$ . 11 for the purpose of payment of principal and interest on debts.
Such taxes are to be assessed and collected by the tax officials designated by the District.
IN CERTIFICATION THEREOF:
Signed:
Nelson Minyard, President, Board of Trustees
Attest:
*
_
**-_w./v
DoyTe Vtoodall, Secretary^oard of Trustees
34
Budget Summary Report for
ECTOR COUNTY ISD
2014-15 Actual Budget
2015-16 "Proposed" Budget
Aggregrate
Expenditures
Instruction
11
12
13
95
Instruction
Instructional
Resources, Media
Services
Curriculum
Development &
Staff Development
Payment to
Juvenile Justice
AEP
Total:
Per Pupil
Expenditures
23
31
32
33
36
$4,057
$2,943,811
$92
12
Instruction
Instructional
Resources, Media
Services
$5,758,958
$181
13
$0
$138,125,677
$0
$4,330
95
Instructional
Leadership
School
Leadership
Guidance &
Counseling,
Evaluation
Social Work
Services
Health Services
Co-curricular/
Extra-curricular
Activities
Total
52
53
34
35
Debt Service
71
$132,473,987
$4,056
$2,855,662
$87
Curriculum
Development & Staff
Development
$5,143,412
$157
Payment to Juvenile
Justice AEP
Total:
$0
$140,473,061
$0
$4,300
$3,620,920
$111
$17,488,652
$535
Instructional
Leadership
$3,796,978
$119
21
$16,561,483
$519
23
$9,404,499
$295
31
School Leadership
Guidance &
Counseling,
Evaluation
$9,973,305
$305
$549,053
$1,995,276
$17
$63
32
33
Social Work Services
Health Services
$564,673
$2,519,609
$17
$77
$5,554,046
$37,861,335
$174
$1,187
36
Co-curricular/ Extracurricular Activities
Total
$5,548,401
$39,715,560
$170
$1,216
$0
Central
Administration
General
Administration
$6,976,391
$219
District
Operations
51
Per Pupil
Expenditures
Instructional
Support
Central
Administration
41
Instruction
11
$129,422,908
Instructional
Support
21
Aggregrate
Expenditures
$0
General
Administration
41
$7,412,133
$227
$22,158,838
$678
$2,535,669
$5,532,002
$78
$169
$8,155,501
$15,811,131
$54,193,141
$250
$484
$1,659
$18,219,778
$558
$1,208,383
$37
$12,000
$0
$1,101,456
$34
$0
$0
$0
$0
$0
$0
$1,724,535
$4,046,374
$53
$124
District
Operations
Plant
Maintenance &
Operations
Security and
Monitoring
Data Processing
Student
Transportation
Food Services
Total:
Debt Service
Plant Maintenance &
Operations
Security and
Monitoring
Data Processing
Student
Transportation
Food Services
Total:
$23,458,143
$735
51
$2,607,027
$5,262,071
$82
$165
52
53
$8,680,047
$17,142,526
$57,149,814
$272
$537
$1,792
34
35
$14,311,804
$449
$1,221,948
$38
61
Community Service
$902,000
$28
81
Facilities Acquisition
and Construction
Other
Debt Service
71
Debt Service
Other
61
81
91
92
93
97
99
Community
Service
Facilities
Acquisition and
Construction
Contracted
Instructional
Services Between
Public schools
Incremental Cost
Associated with
Chapter 41
School Districts
Payments to
Fiscal Agents for
Shared Service
Arrangements
Payments to Tax
Increment Funds
Inter-government
charges not
Defined in Other
codes
Total:
$1,093,815
$34
91
$0
$0
92
$0
$0
93
$0
$0
97
$1,724,535
$4,942,298
$54
$155
Contracted
Instructional
Services Between
Public schools
Incremental Cost
Associated with
Chapter 41 School
Districts
Payments to Fiscal
Agents for Shared
Service
Arrangements
Payments to Tax
Increment Funds
Inter-government
charges not Defined
in Other codes
Total:
99
35
ESC 12/Template/May 2009/Admin Lead-SF
Property Tax
Form 50-786
NOTICE OF PUBLIC MEETING
TO DISCUSS BUDGET
The _______________________________________________________________________________
(name of school district)
6:00PM, June 16, 2015
will hold a public meeting at ____________________________________________________________
(time, date, year)
the Administration Building Board Room, 802 N. Sam Houston
in _________________________________________________________________________________
(name of room, building, physical location)
Odessa, Texas
___________________________________________________________________________________
.
(city, state)
The purpose of this meeting is to discuss the school district’s budget that will be
adopted. Public participation in the discussion is invited.
Comparison of Proposed Budget with Last Year’s Budget
The applicable percentage increase or decrease (or difference) in the amount budgeted in the preceding
fiscal year and the amount budgeted for the fiscal year that begins during the current tax year is indicated
for each of the following expenditure categories:
2
Maintenance and operations _____________
% increase or ___________ % (decrease)
Debt service
27
_____________
Total expenditures
3
_____________
The Property Tax Assistance Division at the Texas Comptroller of Public Accounts provides property tax
information and resources for taxpayers, local taxing entities, appraisal districts and appraisal review boards.
36
For more information, visit our website:
www.window.state.tx.us/taxinfo/proptax
50-786 • 04-14/2
NOTICE OF PUBLIC MEETING TO DISCUSS
BUDGET AND PROPOSED TAX RATE
The Ector County Independent School District will hold a public meeting at 06:00 PM, September 15, 2015 in ECISD Board Room. 1st Floor, 802 N. Sam Houston, Odessa, TX.
The purpose of this meeting is to discuss the school district's budget that will determine the tax rate that will be adopted. Public participation in the discussion is invited.
The tax rate that is ultimately adopted at this meeting or at a separate meeting at a later date may not exceed the proposed rate shown below unless the district publishes a revised
notice containing the same information and comparisons set out below and holds another public meeting to discuss the revised notice.
Maintenance Tax
$1.040000/$100 (proposed rate for maintenance and operations)
School Debt Service Tax
$0.110000/$100 (proposed rate to pay bonded indebtedness)
Approved by Local Voters
Comparison of Proposed Budget with Last Year's Budget
The applicable percentage increase or decrease (or difference) in the amount budgeted in the preceding fiscal year and the amount budgeted for the fiscal year that begins
during the current tax year is indicated for each of the following expenditure categories.
Maintenance and operations
2.00 % increase
Debt Service
27.00 % increase
Total expenditures
3.00 % increase
Total Appraised Value and Total Taxable Value
(as calculated under Section 26.04, Tax Code)
Preceding Tax Year
Current Tax Year
Total appraised value* of all property
$17,171,161,362
Total appraised value* of new property**
$220,348,417
Total taxable value*** of all property
$14,256,078,650
Total taxable value*** of new property**
$197,616,948
*Appraised value is the amount shown on the appraisal roll and defined by Section 1.04(8), Tax Code.
** "New property" is defined by Section 26.012(17), Tax Code.
*** "Taxable value" is defined by Section 1.04(10), Tax Code.
$16,463,946,244
$258,084,487
$13,190,683,066
$227,372,464
Bonded Indebtedness
Total amount of outstanding and unpaid bonded indebtedness* $188,024,943
*Outstanding principal.
Comparison of Proposed Rates with Last Year's Rates
Last Year's Rate
Rate to Maintain Same Level of Maintenance &
Operations Revenue & Pay Debt Service
Proposed Rate
Maintenance &
Interest &
Local Revenue
State Revenue
Operations
Sinking Fund*
Total
Per Student
Per Student
$1.040000
$0.121000*
$1.161000
$5,586
$2,095
$1.199350
$0.107940*
$1.307290
$5,562
$2,384
$1.040000
$0.110000*
$1.150000
$5,198
$2,173
*The Interest & Sinking Fund tax revenue is used to pay for bonded indebtedness on construction, equipment, or both.
The bonds, and the tax rate necessary to pay those bonds, were approved by the voters of this district.
Comparison of Proposed Levy with Last Year's Levy on Average Residence
Last Year
This Year
Average Market Value of Residences
$154,624
$157,110
Average Taxable Value of Residences
$98,959
$98,900
Last Year's Rate Versus Proposed Rate per $100 Value
$1.161000
$1.150000
Taxes Due on Average Residence
$1,148.91
$1,137.35
Increase (Decrease) in Taxes
$-11.56
Under state law, the dollar amount of school taxes imposed on the residence homestead of a person 65 years of age or older or of the surviving spouse of such a
person, if the surviving spouse was 55 years of age or older when the person died, may not be increased above the amount paid in the first year after the person
turned 65, regardless of changes in tax rate or property value.
Notice of Rollback Rate: The highest tax rate the district can adopt before requiring voter approval at an election is $1.150128. This election will be automatically
held if the district adopts a rate in excess of the rollback rate of $1.150128.
Fund Balances
The following estimated balances will remain at the end of the current fiscal year and are not encumbered with or by a corresponding debt obligation, less estimated funds
necessary for operating the district before receipt of the first state aid payment.
Maintenance and Operations Fund Balance(s)
$59,079,362
Interest & Sinking Fund Balance(s)
$16,519,493
37
Odessa, Texas
RESOLUTION
June 16, 2015
BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE ECTOR COUNTY
INDEPENDENT SCHOOL DISTRICT, that there be granted for the TAX YEAR 2015 to all
qualifying residential homesteads, as defined by the Texas Property Tax Code, an
exemption of twenty percent (20%) of the assessed market value of said properties from
local ad valorem property taxes levied for both Maintenance and Operations and Debt
Service purposes; and
BE IT FURTHER RESOLVED, that said residential homestead exemptions shall be
granted in addition to existing mandatory constitutional exemptions granted to qualifying
residential homesteads for similar purposes; and
BE IT FURTHER RESOLVED, that the assessed market value of any qualifying
residential homestead notwithstanding, the minimum exemption to be derived shall be five
thousand dollars ($5,000) as applied to the assessed market value; and
BE IT FURTHER RESOLVED, that said residential homestead exemption in the
amount of twenty percent (20%) shall remain in effect for one year and shall be renewable
only by the action of this Board of Trustees prior to August 1st of each year.
BE IT FURTHER RESOLVED, that these exemptions are subject to review and
modification or rescission by the Board of Trustees of the Ector County Independent
School District in the event said action is deemed in the best interest of the District.
ADOPTED BY VOTE OF THE BOARD OF TRUSTEES, ECTOR
INDEPENDENT SCHOOL DISTRICT, THIS 16th DAY OF JUNE, 2015.
ATTEST:
COUNTY
Signed:
President, Board of Trustees
o/?
''Vlt^t
Secretary, Board of Trustees
38
39
ECTOR COUNTY APPRAISAL DISTRICT
2015
CERTIFIED APPRAISAL ROLL SUMMARY
APPRAISED VALUE:
Mineral Property
Improvement
Land
Productivity Market
Personal Property
TOTAL MARKET VALUE
Totally Exempt
TOTAL MARKET VALUE OF TAXABLE PROPERTY
Total Productivity Loss
10% Capped Homestead Loss
TOTAL ASSESSED (APPRAISED)
EXEMPTIONS and DEDUCTIONS
Homestead (State Mandated)
$668,288,731
Homestead (Local Option)
$738,985,823
Over 65 (State Mandated)
$69,888,422
Over 65 (Local Option)
$0
Disabled Person (State Mandated)
$7,770,705
Disabled Person (Local Option)
$0
Disabled Veteran
$4,041,793
Disabled Veteran (Homestead 100%)
$17,955,991
Abatements
$0
Pollution Control
$145,791,318
Freeport
$150,015,007
Low Income Housing
$1,103,761
Solar / Wind
$0
Total Exempt Proration
$0
TOTAL EXEMPTIONS and DEDUCTIONS
$3,034,335,773
$8,047,315,258
$1,320,679,891
$176,436,243
$3,885,179,079
$16,463,946,244
$938,600,878
$15,525,345,366
$173,113,222
$72,146,373
$15,280,085,771
$1,803,841,551
TOTAL TAXABLE VALUE
Tax Frozen Loss
Prior Year Tax Rate
TAX CEILING VALUE ADJUSTMENT
$13,476,244,220
$3,315,365
0.011610
$285,561,154
NET TAXABLE VALUE
$13,190,683,066
VALUE BY CATEGORY:
Mineral Property
Real Estate Residential
Real Estate Multi Family
Real Estate Vacant Lots
Real Estate Acreage
Real Estate Farm & Ranch
Real Estate Commercial
Real Estate Industrial
Utility Property
Commercial Personal
Industrial Personal
Personal Prop Mobile Home
Residential Real Inventory
Special Inventory
Real Estate Totally Exempt
Personal Property Totally Exempt
Mineral Property Totally Exempt
SUMMARY
$3,016,449,048
$5,055,743,020
$427,836,693
$160,833,870
$176,436,243
$80,835,336
$1,906,119,487
$541,185,781
$399,497,275
$3,271,730,874
$132,760,881
$239,787,978
$18,409,440
$97,380,610
$919,373,348
$1,679,635
$17,886,725
TOTAL MARKET VALUE
ECISD -7/22/2015
$16,463,946,244
40
ECTOR COUNTY APPRAISAL DISTRICT
2015
CERTIFIED APPRAISAL ROLL SUMMARY
EFFECTIVE RATE CALCULATION INFORMATION:
$14,438,936,333
Prior Year adjusted Taxable Value
(excluding 25.25(d) corrections)
$592,893,085
Prior Year Taxable Value with Tax Ceiling
Taxable Value Lost on Court Appeals of ARB Decisions
Original ARB value
Final court value
$3,727,248
$13,321,605
Taxable Value of Deannexed Property
-$9,594,357
$0
Taxable Value Lost on New Exemptions
Absolute
Partial
$1,329,640
$19,373,349
Taxable Value Lost on New Ag
2014 Market
2015 Productivity
$7,914,105
$77,160
Taxes Refunded for Years Preceding Prior Year
$20,702,989
$7,836,945
$160,450
Taxable Value of Properties Under Protest
ECAD Taxable Owner Request
$0
$0
$0
$518,657
Current Year Taxable Value with Tax Ceiling
Taxable Value of Annexed Property
$0
Appraised Value of New Property (impr & pers)
$258,084,487
Taxable Value of New Property (impr & pers)
$227,372,464
Average Home Market Value
Average Home Taxable Value
(including Residential Homestead)
(excluding Over 65, Disability, & DV Exemptions)
Pollution Control:
first time exempted value
LAST YEAR
$154,624
$98,959
THIS YEAR
$157,110
$98,900
$2,029,822
41
42
2015 CERTIFIED APPRAISAL ROLL SUMMARY
FOR THE FISCAL YEAR 2015-2016
2015
Certified
Appraisal Roll
APPRAISAL VALUE:
Mineral Property
Land
Improvement
Personal Property
TOTAL MARKET VALUE
$
TOTALLY EXEMPT
EXEMPTIONS and DEDUCTIONS:
Homestead-State Mandated $25,000
State Mandated Over 65
State Mandated Disabled Person
Optional Homestead -20%
Disabled Veteran 1
Freeport
Pollution Control
Ag Productivity Loss
Low Income Housing
Solar / Wind
10% Cap Loss
TOTAL EXEMPTIONS and DEDUCTIONS
APPRAISAL ADJUSTMENT (CEILING VALUE )
NET TAXABLE VALUE
$
Operations
Tax Rate @
$1.04 PER $100
3,034,335,773 $
1,320,679,891
8,223,751,501
3,885,179,079
16,463,946,244
31,557,092 $
13,735,071
85,527,016
40,405,862
171,225,041
-938,600,878
Debt Service
Tax Rate @
$.11 PER $100
Total
Tax Rate
$1.15 PER $100
3,337,769 $
1,452,748
9,046,127
4,273,697
18,110,341
34,894,861
15,187,819
94,573,143
44,679,559
189,335,382
-9,761,449
-1,032,461
-10,793,910
-668,288,731
-69,888,422
-7,770,705
-738,985,823
-21,997,784
-150,015,007
-145,791,318
-173,113,222
-1,103,761
0
-72,146,373
-2,049,101,146
-6,950,203
-726,840
-80,815
-7,685,453
-228,777
-1,560,156
-1,516,230
-1,800,378
-11,479
0
-750,323
-21,310,654
-735,118
-76,877
-8,548
-812,884
-24,198
-165,017
-160,370
-190,425
-1,214
0
-79,362
-2,254,013
-7,685,321
-803,717
-89,363
-8,498,337
-252,975
-1,725,173
-1,676,600
-1,990,803
-12,693
0
-829,685
-23,564,667
-285,561,154
-2,969,836
-314,117
-3,283,953
13,190,683,066 $
137,183,102 $
14,509,750 $
43
151,692,852
2015 AND 2014 CERTIFIED APPRAISAL ROLL SUMMARY
COMPARISON FOR THE FISCAL YEAR 2015-2016
2015
Certified
Appraisal Roll
APPRAISAL VALUE:
Mineral Property
Land
Improvement
Personal Property
TOTAL MARKET VALUE
$
TOTALLY EXEMPT
EXEMPTIONS and DEDUCTIONS:
Homestead-State Mandated
State Mandated Over 65
State Mandated Disabled Person
Optional Homestead -20%
Disabled Veteran 1
Freeport
Pollution Control
Ag Productivity Loss
Low Income Housing
Solar / Wind
10% Cap Loss
TOTAL EXEMPTIONS
APPRAISAL ADJUSTMENT (CEILING VALUE )
NET TAXABLE VALUE
$
2014
Certified
Appraisal Roll
3,034,335,773 $
1,320,679,891
8,223,751,501
3,885,179,079
16,463,946,244
4,745,280,298 $
1,434,130,999
7,445,781,284
3,545,968,781
17,171,161,362
-938,600,878
Increase
Decrease
Appraisal Roll
Percent
Change
Appraisal Roll
-1,710,944,525
-113,451,108
777,970,217
339,210,298
-707,215,118
-36.056%
-7.911%
10.448%
9.566%
-4.119%
-914,983,807
-23,617,071
2.581%
-668,288,731
-69,888,422
-7,770,705
-738,985,823
-21,997,784
-150,015,007
-145,791,318
-173,113,222
-1,103,761
0
-72,146,373
-2,049,101,146
-400,079,209
-71,553,996
-8,605,854
-681,566,277
-20,411,383
-138,486,976
-151,171,285
-167,950,597
-1,199,740
-12,000
-73,016,713
-1,714,054,030
-268,209,522
1,665,574
835,149
-57,419,546
-1,586,401
-11,528,031
5,379,967
-5,162,625
95,979
12,000
870,340
-335,047,116
67.039%
-2.328%
-9.704%
8.425%
7.772%
8.324%
-3.559%
3.074%
-8.000%
0.000%
-1.192%
19.547%
-285,561,154
-286,044,875
483,721
-0.169%
13,190,683,066 $
14,256,078,650 $
-1,065,395,584
-7.473%
44
Mineral Property
$3,034,335,773
18%
2015 Certified Appraisal Values (Before Exemptions)
Land
$1,320,679,891
8%
Improvement
$8,223,751,501
50%
45
Personal Property
$3,885,179,079
24%

BUDGET SCHOOL YEAR 2015-2016 - Ector County Independent

Transcription

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