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 2022 Tax Rate (per $100 valuation)
     General Operations  (M&O)    $   0.8646  76.20% 
    Debt Service  (I&S)  $   0.2700  23.80% 
    Total Rate  $   1.1346    100.00% 
     
     

    General Fund Balance

     Unassigned Fund Balance as of
     June 30, 2022    		    $139,688,488
     Committed Fund Balance as of
     June 30, 2022 - State Stabilization    		      $61,600,000 
     % of Total 2021-2022
     Budget Expenditures    		 27%   
     
     

    Unlimited Tax Debt Information

    AUTHORIZED  ISSUED 
    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  $460,750,000 
    2018 $992,600,000  $791,870,000 
     
     

    Outstanding Unlimited Tax Debt

     Net Bonded Tax Debt as of
     June 30, 2022    		 $1,621,095,994  
     % Debt to Total Assessed
     Valuation    		 2.93%  
     2021-2022 Debt Service
     (Actual)    		 $128,136,212  
     Debt Service Payment
     per Student    		 $1,669.85  
     2022-2023 Debt Service
     (Budgeted)    		 $123,694,166  
     Debt Service Payment (Budgeted) 
     per Student    		 $1,582.25  
     

     

     

     

     
         

Contact Us


  •  ASBO Certificate of Excellence Logo
     
     
      Texas Honors Circle District Award  

  • Bond Ratings  (as of June 2022)

    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.