Business and Finance

  • Business & Finance Picture
     
    The Business and Finance Department is responsible for all financial accounting of the school district funds including Budget, Federal and State Grants, Audit of Activity Funds, Parent Organizations, Activity Funds, Accounts Payable, Purchasing, Risk Management, Fixed Assets, Investments and Financial Reporting. 

Tax & Budget Data

  • Adopted 2024 Tax Rate (per $100 valuation)
     General Operations  (M&O)    $   0.7192  72.71% 
    Debt Service  (I&S)  $   0.2700  27.29% 
    Total Rate  $   0.9892    100.00% 
     
     
     

    General Fund Balance

     Unassigned Fund Balance as of
     June 30, 2023    		    $134,028,521
     Committed Fund Balance as of
     June 30, 2023 - State Stabilization    		      $58,800,000 
     % of Total 2022-2023
     Budget Expenditures    		 26%   
     
     

    Unlimited Tax Debt Information

     
    AUTHORIZED  ISSUED
     (as of 6/30/24) 
    1984 $95,000,000   $95,000,000  
    1991 $89,500,500   $89,500,500  
    1995 $130,000,008   $130,000,008  
    1999 $264,000,003   $264,000,003  
    2003 $299,950,000   $299,950,000  
    2007 $428,000,000   $428,000,000  
    2014 $484,000,000   $470,750,000  
    2018 $992,600,000   $936,870,000  
    2023 (Prop A) $1,180,830,000   $154,730,000  
    2023 (Prop B) $52,470,000   $25,270,000  
    2023 (Prop C) $22,900,000   $0  
     

    Outstanding Unlimited Tax Debt

     Net Bonded Tax Debt as of
     June 30, 2023    		 $1,616,683,365  
     % Debt to Total Assessed
     Valuation    		 2.55%  
     2022-2023 Debt Service
     (Actual)    		 $123,411,614  
     Debt Service Payment
     per Student    		 $1,549.23  
     2023-2024 Debt Service
     (Budgeted)    		 $131,771,288  
     Debt Service Payment (Budgeted) 
     per Student    		 $1,650.52  
     

     

     

     

     
         

Contact Us


  •  ASBO Certificate of Excellence Logo
     
     
      Texas Honors Circle District Award  

  • Bond Ratings (as of May 2024)

    Fitch - AA+

    Standard & Poor's - AA+

Check Policy

  • In the event that a check written to any Fort Bend ISD campus, club, organization, Child Nutrition Department, or Extended Day Department is returned unpaid by a bank, Fort Bend ISD or its agent will redeposit your check electronically. Additionally, Fort Bend ISD or its agent may electronically collect a returned check fee of $30.00 plus applicable sales tax. This fee is in addition to any fees your bank may charge.