TRANSPARENCY WEBSITE

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 TRANSPARENCY SUMMARY (LINK TO CHART)

Financial Summary 2014-15General Fund, Debt Service Fund, Capital Projects Fund & Non-Major Governmental Funds

REVENUES Amount Per StudentTotal Local and Intermediate Sources 465,812,407$ 6,623$ State Program Revenues 272,681,653 3,877 Federal Program Revenues 43,506,099 619

Total Revenues 782,000,159$ 11,119$

EXPENDITURESPayroll 519,120,642$ 7,381$ Contracted Services 31,010,333 441 Supplies & Materials 70,638,922 1,004 Other Operating 11,011,050 157 Debt Service 120,719,029 1,716 Capital Outlay 83,658,195 1,190

Total Expenditures 836,158,171$ 11,889$

Excess of Revenue Over (Under) Expenditures (54,158,012) (770)

OTHER FINANCING SOURCES AND (USES) 177,057,557 2,518

Net Change in Fund Balances 122,899,545$ 1,747$

Total FTE's 8,659

DEBT TRANSPARENCY SUMMARY (LINK TO CHART)

Debt Information Summary 2014-15

AmountOutstanding

Series Description August 31, 2015 Per Capita

1996-A Limited Tax School Building Bonds 3,100,000$ 10$

2005-A Unlimited Tax Refunding Bonds 4,980 0

2005-B Unlimited Tax Refunding Bonds 949,989 3

2007-A Unlimited Tax School Building Bonds 2,955,000 10

2007-B Unlimited Tax Refunding Bonds 163,830,693 542

2007-C Limited Tax Refunding Bonds 45,470,000 151

2007-D Unlimited Tax School Building Bonds 3,970,000 13

2008-A Unlimited Tax Refunding Bonds 17,960,000 59

2008-B Unlimited Tax School Building Bonds 22,610,000 75

2008-C Limited Tax School Building Bonds 32,145,000 106

2009 Unlimited Tax School Building Bonds 9,085,000 30

2010-A Unlimited Tax Refunding Bonds 41,890,000 139

2010-B Limited Tax Refunding Bonds 6,090,000 20

2010-C Unlimited Tax School Building Bonds 20,145,000 67

2010-D Unlimited Tax School Building Bonds 155,000,000 513

2010-E Limited Tax Refunding Bonds 1,470,000 5

2012-A Unlimited Tax School Building & Refunding Bonds 147,425,000 488

2012-B Variable Rate Unlimited Tax Refunding Bonds 25,975,000 86

2013- Unlimited Tax School Building Bonds 97,700,000 324

2014-A Unlimited Tax Refunding Bonds 132,060,000 437

2014-B Limited Tax Refunding Bonds 17,935,000 59

2015-A Unlimited Tax School Building Bonds 155,310,000 514

2015-B Unlimited Tax Refunding Bonds 52,955,000 175

2015-C Variable Rate Unlimited Tax Refunding Bonds 115,000,000 381

Total General Obligation Bonds 1,271,035,662$ 4,209$

The District has no revenue-supported debt obligations.

VISUALIZATION TOOLS – SUMMARY INFORMATION

EXPENDITURES PER STUDENT – PAST FIVE FISCAL YEARS (LINK TO GRAPH)

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 – PAST FIVE FISCAL YEARS (LINK TO GRAPH)

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).

FULL-TIME EQUIVALENT PERSONNEL – PAST FIVE FISCAL YEARS (LINK TO GRAPH)

Full-time equivalent personnel represents a calculation of the number of employees working for the District stated as full-time positions only. Thus, two half-time positions would count as one full-time equivalent in this presentation. Staffing levels may vary throughout the year. This information is as of the Fall Public Education Information Management System (PEIMS) data submitted to the Texas Education Agency each year.

PROPERTY TAX REVENUE PER STUDENT – PAST FIVE FISCAL YEARS (LINK TO GRAPH)

Property tax revenue includes property tax collections, penalties and interest and other tax related income and is presented here 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). The second is calculated using audited financial statement data for both the General Fund and Debt Service Fund. The district has no sales tax revenue.

TAX RATE PER $100 VALUATION – PAST FIVE FISCAL YEARS (LINK TO GRAPH)

The District’s property tax rate is made up of a Maintenance & Operations (General Operating) tax rate and a Debt Service tax rate. The Maintenance & Operations tax rate provides funds for the maintenance and operations of the school district. The Debt Service tax rate provides funds for the payments on the debt that finances the district’s facilities.

DOCUMENTS – DOWNLOADABLE DATA

BUDGET

BUDGETS – PAST FIVE FISCAL YEARS (LINK TO DOCUMENTS)

RAW FORMAT DATA

CAFRS– PAST FIVE FISCAL YEARS (LINK TO DOCUMENTS)

CHECK REGISTER FOR THE THREE MOST CURRENT YEARS

OTHER INFORMATION

Add link to Contact list page

Add link to Board page

TOTAL TAX SUPPORTED DEBT – PAST FIVE FISCAL YEARS (LINK TO GRAPH)

Outstanding General Obligation debt is presented as of fiscal year end August 31.

DEBT PER CAPITA – PAST FIVE FISCAL YEARS (LINK TO GRAPH)

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

Bond HistoryBond Year &Authorization Schools Built (Year Opened)

* Max Debt ServiceTax Rate

1994$90M

 

Vote Count:1837 For (64.14%)1027 Against (35.86%)

Enrollment: 23,950

Hayes Elementary (1995)McRoberts Elementary (1997)Alexander Elementary (1998)Beck Junior High (1996)Katy Junior High (1995)Memorial Parkway Elementary RenovationKaty & Taylor High School Phase 1 RenovationsKaty Elementary Expansion Gyms at:

Mayde Creek Junior HighWest Memorial Junior High

$0.38

1996$130M

Vote Count: 2367 For (68.67%)1080 Against (31.33%)

Enrollment: 26,766

Creech Elementary (2000)Williams Elementary (2000)McMeans Junior High (2000)Cinco Ranch High School (1999)Katy & Taylor High Schools Phase 2 RenovationsMayde Creek High School RenovationOther Minor renovations, carpet, etc.

 $0.40

1999 $324M

 

Vote Count: 2737 For (50.3%) 2700 Against (49.7%)

Enrollment: 32,388

King Elementary (2001) Kilpatrick Elementary (2003)Schmalz Elementary (2001)Cinco Ranch Junior High (2001)Morton Ranch Junior High (2003)Morton Ranch High School (2004)CRHS 9th Grade Ctr. & PACMayde Creek High School 9th Grade Ctr. & PAC Taylor High School: 9th Grade Center, Parking Garage & PAC Katy High School Expansion & PACJunior High Music Room Additions - BJH, KJH, MCJH, MDJH, MPJH & WMJHEducation Support ComplexLaw Enforcement CenterMaintenance & Operations CenterFranz Road Complex RenovationsAg Sciences Complex Phase I & II 

 $0.38

2002 Enrollment: 39,867  $0.40

$315M

 

Vote Count:3968 For (63.72%) 2259 Against (36.28%)

 

Rylander Elementary (2004) Exley Elementary (2004)Rhoads Elementary (2004)Franz Elementary (2004)Griffin Elementary (2006)Stephens Elementary (2007)WoodCreek Elementary (2007)Beckendorff Junior High (2004)Seven Lakes High School & 9th Grade Center (2005)Cinco Ranch High GymWest Memorial Elementary Open/Closed ConceptAg Sciences Complex (barns 5 & 6)Weight Room Expansion - BJH, KJH, MDJH, MPJHRenovations:

HutsellCimarronNottinghamPattison ElementaryMiller Career & Technology Center (Renovations completed in 2006 bond)

2006 - November$269M

Vote Count: Nov 200619,239 For (53.46%)16,747 Against (46.54%)

 

 

2006 - May$261M

Vote Count: May 2006 3528 For (46.93%)3990 Against (53.07%)

Enrollment: 51,201

Morton Ranch Elementary (2008)Holland Elementary (2008)Stanley Elementary (2009)Cardiff Junior High (2008)WoodCreek Junior High (2008)Morton Ranch High School 9th Grade Center (2008)Taylor High & Katy High Baseball RenovationsMayde Creek High NatatoriumSundown & Mayde Creek Elementary Addition/RenovationsBear Creek & Winborn Elementary RenovationsRaines HS & Opportunity Awareness Center ExpansionMiller Career & Technology Center ExpansionSouth Transportation Phase 1East Transportation Renovation

$0.40

2010 $459M**

Enrollment: 60,803

Shafer Elementary (2012)Wilson Elementary (2012) Wolfe Elementary (2012)

 $0.40

 

 

Vote Count:27,769 For (51.65%)25,992 Against (48.35% )

Wolman Elementary (2012)Davidson Elementary (2014)Randolph Elementary (2014) Seven Lakes Junior High (2012)Tompkins High School, Ag Barn & 9th Grade Center (2013)Katy High School West Campus Taylor High School RenovationsWest Memorial & Mayde Creek Junior High RenovationsHigh School Performing Arts Center Retrofits - KHS, THS, MCHS, CRHS

INSERT DIVIDER

2013$99M

 

Vote Count:7,549 For (45.58%) 9,013 Against (54.42%)

INSERT DIVIDER

Enrollment: 67,213

Ag Science FacilitySTEM CenterSecond Stadium

n/a

2014$748M

Vote Count:30,330 For (55.42%)24,400 Against (44.58% )

 

Enrollment: 70,330

6  New Schools6 Campus RenovationsExisting Facilities Component RenovationsFacility Expansions Safety and SecurityStudent Activity FacilitiesTechnology

 * The tax rate fluctuated and was impacted by variations in state assistance as part of the Instructional Facilities Allotment Program [IFA]. It has held steady at $.40 from 2007/08 through 2014/15 and dropped to $.39 in 2015/16..

**A potential maximum tax rate increase of 4 cents was presented at the time of the election, but ultimately there was no increase to the tax rate.