Business Administration

Tax & Budget Data

Adopted Tax Rate (per $100 valuation)

 General Operations (M&O) $1.0400 77.6%
 Debt Service $0.3000 22.4%
 Total Rate  $1.3400 100.0% 

 

Fund Balance

 Unassigned Fund Balance as of June 30, 2012 $132,157,194
 % of Total 2013-2014 Budgeted Expenditures  26.58%

Unlimited Tax Debt Information

Authorized   Issued 
 1984  $95,000,000.00  $95.000,000.00
 1991  $89,500,000.00  $89,500,000.00
 1995  $139,000,007.50  $139,000,007.50
 1999  $264,000,003.13 $264,000,003.13
 2003  $299,950,000.00 $299,950,000.00
 2007  $428,000,000.00  $365,000,000.00
     

 

All bonds from the 2007 authorization have been issued with the exception of:

  • $60,000,000.00 designated for the construction an elementary campus and a middle school campus
  • $3,000,000.00 designated for the purchase of school buses

Outstanding Unlimited Tax Debt

 Outstanding Unlimited Tax Debt $995,918,555.00 
 % Debt to Assessed Valuation  4.370%
 2011-2012 Debt Service (actual)*  $72,769,474.00
 Per student  $1,065.31
 2012-2013 Debt Service (budgeted)*  $74,055,812.00
 Per student  $1,066.12
Budgeted Revenue Information
(As adopted)
© 2011 Fort Bend ISD