November 2016 Financial Report 2016-2017 - Fort Bend ISD · Collections through December 2016 were...

November 2016

FinancialReport

2016-2017

Notes to 2nd Quarter 2016-2017 Financial Report• State Revenue for the General Fund and Debt Service Fund are booked on an accrual basis based on the number of school days in the

month and the latest state funding template based on the expected district average daily attendance, tax revenues etc. Student enrollment at 12/16/16 was 74,297 compared to 16-17 Budget of 74,111.

• Tax Revenues are booked as collected. Collections through December 2016 were $235,657,662 compared to $211,631,131 through December 2015. Through December 2016, 50.87% was collected compared to 50.79% through December 2015. The freeze adjusted property tax value as of 12/09/2016 from Supplement #5 from Fort Bend County was $31,845,132,325 compared to the 16-17 budgeted tax value of $31,997,800,849. Tax Values under review were less than $357,790 million as of December 2016 compared to $53.6 million as of December 2015.

• Salaries are recorded as paid and are not accrued. Therefore, a large accrual will be booked in June 2017 to accrue teachers and other employees salaries who are paid in July and August 2017 but work was performed by June 2017 based on their work calendar.

• The Health Insurance Fund had a $800,000 loss in December 2016 before the Workers Compensation Fund transferred funds to cover the loss. If the Health Insurance Fund continues to experience losses, a transfer will be made from the Workers Compensation Fund to the Health Fund to cover the shortfall. Administration will monitor changes in the health plan that go in effect January 1, such as no out of network coverage, to determine if such changes will help curb the increase in health claims the District has experienced.

• Administration anticipates that funds will be needed to move temporary buildings during the summer which have not been budgeted except for a portion of temporary buildings related to the elementary school classroom additions related to the 2014 Bond. Once administration has determined the number of buildings that need to be moved, a Board agenda item with an estimate will be presented and a possible source of funding is the 2007 Bond contingency.

• The District has borrowed $50,000,000 of commercial paper and has an additional $1 million loan from JP Morgan related to thecommercial paper program as of January 5, 2017. The District can borrow up to $100 million of commercial paper of which leaves an additional $49 million that could be borrowed. Administration estimates borrowing approximately $10 million per month over the next five months. Administration anticipates recommending a Board agenda in February 2017 to remarket the commercial paper which would payoff the outstanding balance of commercial paper at the time the debt transaction closed. The district’s variable debt is current 14.96% of outstanding debt compared to the limit of 25% as stated in the District’s fiscal strategy.

November 30, 2016

Adjusted Budget Actual Remaining Budget

PercentageRecognized/

Expended Adjusted Budget Actual


ExpendedREVENUE

57xx Local revenue 364,261,566$ 17,160,417$ 347,101,149$ 5% 329,205,486$ 15,548,515$ 5%58xx State program revenues 216,852,005 82,167,310 134,684,695 38% 254,957,500 90,741,366 36%59xx Federal program revenues 7,800,000 5,799,168 2,000,833 74% 9,138,643 5,946,831 65%

Total Revenue 588,913,571 105,126,895 483,786,676 18% 593,301,629 112,236,711 19%

EXPENDITURES BY FUNCTIONINSTRUCTION 359,195,578 96,244,236 262,951,342 27% 353,583,979 93,256,759 26%INSTRUCTIONAL RESOURCES MEDIA 8,125,257 2,168,742 5,956,515 27% 7,639,701 2,032,108 27%CURRICULUM DEVELOPMENT 8,047,201 3,022,733 5,024,469 38% 6,363,977 2,024,787 32%INSTRUCTIONAL LEADERSHIP 11,048,279 4,926,558 6,121,721 45% 11,139,856 4,011,424 36%SCHOOL LEADERSHIP 40,497,425 14,911,172 25,586,253 37% 38,435,817 13,911,157 36%GUIDANCE COUNSELING EVALUATION 28,602,883 8,802,362 19,800,521 31% 28,240,159 8,560,110 30%SOCIAL WORK SERVICES 1,453,038 415,773 1,037,265 29% 1,563,576 303,170 19%HEALTH SERVICES 7,616,623 1,972,046 5,644,577 26% 7,714,284 1,859,058 24%STUDENT TRANSPORTATION 20,882,651 7,798,761 13,083,890 37% 20,518,499 6,486,360 32%CO CURRICULAR EXTRA CURRICULAR 12,544,002 3,810,932 8,733,070 30% 12,636,178 3,695,287 29%GENERAL ADMINISTRATION 17,528,686 6,491,494 11,037,192 37% 15,978,400 6,056,494 38%FACILITIES MAINT AND OPERATION 56,299,301 24,187,336 32,111,965 43% 56,659,563 23,476,019 41%SECURITY & MONITORING 7,696,284 3,128,832 4,567,452 41% 7,845,969 3,115,733 40%DATA PROCESSING 15,285,526 6,805,295 8,480,231 45% 14,518,856 6,889,596 47%COMMUNITY SERVICES 596,783 141,486 455,297 24% 822,838 101,560 12%FACILITIES ACQUISITION 25,000 - 25,000 0% - - PAYMENT TO MEMBER/SSA 454,000 290,588 163,413 64% 578,600 177,770 31%OTHER INTERGOVERNMENTAL CHARGE 2,700,000 1,289,050 1,410,950 48% 2,583,040 1,128,038 44%

598,598,517 186,407,393 412,191,124 31% 586,823,291 177,085,429 30% Excess (Deficiency) of Revenues

Over (Under) Expenditures (9,684,946) (81,280,498) 6,478,338 (64,848,718)

7xxx Other financing sources 1,500,000 59,532 1,440,468 4% 1,000,000 70,892 7%8xxx (Other financing uses) - - - (7,211,000) - 0%

Net Change (8,184,946) (81,220,967) 267,338 (64,777,826)

EXPENDITURES BY MAJOR OBJECT61xx Payroll Costs 515,659,758 151,814,964 363,844,795 29% 503,048,459 146,041,586 29%62xx Purchased and contracted services 44,723,454 19,128,014 25,595,440 43% 44,595,559 16,836,695 38%63xx Supplies and Materials 24,937,538 10,122,216 14,815,322 41% 26,200,961 9,045,361 35%64xx Other operating expenditures 12,651,299 5,187,737 7,463,562 41% 11,975,334 4,902,118 41%65xx Debt service - - - 622 - 0%66xx Capital Outlay 626,468 154,463 472,005 25% 1,002,356 259,670 26%

Total Expenditures 598,598,517 186,407,393 412,191,124 31% 586,823,291 177,085,429 30%

FUND BALANCE AS OF 6/30/2016: Nonspendable (inventories & prepaids) 1,741,180$ Committed: Loss of State Funding $49.4m, textbooks $2.7m, $1.5m transportation, new schools $4.5m 58,086,000Economic Stabilization (anticipated budgeted losses for FY 16-17 & FY 17-18) 7,500,000Committed: Capital Expenditures 6,400,000Unassigned 108,735,870

182,463,050$

July 2015-Nov 2015

FORT BEND ISD

Interim Statement of Revenues and ExpendituresGENERAL OPERATING FUND

July 2016-Nov 2016Current Year, YTD Prior Year, YTD

Fort Bend ISDGeneral FundBudget TransfersNovember 30, 2016

Adopted Budget

Board Amendments Donations

Inter-Function Transfers

Current Budget

11 - INSTRUCTION 357,553,070$ 1,594,605$ 66,756$ (18,853)$ 359,195,578$ 12 - INSTRUCTIONAL RESOURCES MEDIA 8,086,620 44,361 - (5,724) 8,125,257 13 - CURRICULUM DEVELOPMENT 7,757,461 270,323 - 19,417 8,047,201 21 - INSTRUCTIONAL LEADERSHIP 10,934,525 76,086 - 37,668 11,048,279 23 - SCHOOL LEADERSHIP 40,041,866 452,221 - 3,338 40,497,425 31 - GUIDANCE COUNSELING EVALUATION 28,449,797 193,386 - (40,301) 28,602,883 32 - SOCIAL WORK SERVICES 1,202,824 10,214 - 240,000 1,453,038 33 - HEALTH SERVICES 7,550,327 77,216 - (10,920) 7,616,623 34 - STUDENT TRANSPORTATION 20,635,360 247,291 - - 20,882,651 36 - CO CURRICULAR EXTRA CURRICULAR 11,997,051 547,986 - (1,035) 12,544,002 41 - GENERAL ADMINISTRATION 17,072,938 415,748 - 40,000 17,528,686 51 - FACILITIES MAINT AND OPERATION 55,893,783 1,357,801 43,125 (995,408) 56,299,301 52 - SECURITY & MONITORING 7,769,339 166,845 - (239,900) 7,696,284 53 - DATA PROCESSING 13,890,158 403,651 - 991,717 15,285,526 61 - COMMUNITY SERVICES 592,292 4,491 - - 596,783 81 - FACILITIES ACQUISITION 25,000 - - - 25,000 93 - PAYMENT TO MEMBER/SSA 474,000 - - (20,000) 454,000 99 - OTHER INTERGOVERNMENTAL CHARG 2,700,000 - - - 2,700,000

Grand Total 592,626,411$ 5,862,225$ 109,881$ -$ 598,598,517$

The District’s Financial Policies allow for inter-function transfers to be processed by staff. The Board asked for information to be included with the monthly financial report outlining the inter-function transfers. The inter-function transfers that have been processed to date ensure that expenditures are categorized in the most appropriate function for reporting to TEA. The table above illustrates all changes to the adopted budget, including donations received, inter-function transfers that have been processed, and amendments approved by the Board.

November 30, 2016





Expended

REVENUE57xx Local revenue 13,290,517$ 4,651,618$ 8,638,899$ 35% 12,085,501$ 4,977,804$ 41%58xx State program revenues 123,163 41,058 82,105 33% 123,163 41,054 33%59xx Federal program revenues 14,813,882 4,897,016 9,916,866 33% 14,537,893 4,439,894 31%

Total Revenue 28,227,562 9,589,692 18,637,870 34% 26,746,557 9,458,752 35%

EXPENDITURES BY FUNCTIONFOOD SERVICES 27,768,452 9,000,283 18,768,169 32% 26,292,607 9,292,799 35%FACILITIES MAINT AND OPERATION 459,110 219,799 239,311 48% 453,950 175,244 39%


Over (Under) Expenditures - 369,611 - (9,291)

7xxx Other financing sources - - - - (60) Net Change - 369,611 - (9,351)

Fund Balance-Beginning 6/30/16 4,640,493 Fund Balance-Ending 11/30/2016 5,010,104$

EXPENDITURES BY MAJOR OBJECT61xx Payroll Costs 13,203,020 4,278,867 8,924,153 32% 11,893,216 4,216,026 35%62xx Purchased and contracted services 1,062,390 405,389 657,001 38% 1,052,930 332,176 32%63xx Supplies and Materials 13,262,683 4,526,332 8,736,351 34% 13,101,139 4,736,998 36%64xx Other operating expenditures 38,469 9,494 28,975 25% 38,272 16,474 43%66xx Capital Outlay 661,000 - 661,000 0% 661,000 166,370 25%


July 2015-Nov 2015

FORT BEND ISD

Interim Statement of Revenues and ExpendituresSCHOOL BREAKFAST & LUNCH

July 2016-Nov 2016Current Year, YTD Prior Year, YTD

SPECIAL REVENUE FUNDSInterim Statement of Revenues and ExpendituresNovember 30, 2016

Fund Begin End Total Feb 2014-Nov 2016 RemainingSpecial Revenue Fund Number Date Date Award Actual Budget

ESEA, Title I, Part A - Improving Basic Programs 211 7/1/2016 9/30/2017 9,473,173 1,405,230 8,067,943

Title I, Priority and Focus School Grant - Briargate 211 10/5/2016 9/30/2017 121,933 - 121,933

IDEA - Part B, Formula 224 7/1/2016 9/30/2017 10,892,651 1,401,481 9,491,170

IDEA - Part B, Preschool 225 7/1/2016 9/30/2017 130,307 10,486 119,821

Carl D Perkins Basic Formula Grant 244 7/1/2016 8/15/2017 595,056 30,625 564,431

ESEA, Title II, Part A - Teacher and Principal Training and Recruiting 255 7/1/2016 9/30/2017 981,910 147,163 834,747

Title III, Part A - LEP 263 7/1/2016 9/30/2017 1,117,687 274,757 842,930

Title III, Part A - Immigrant 263 7/1/2016 9/30/2017 258,762 11,617 247,145

Investing in Innovation (i3) Grant Year 5 Summer 289 7/1/2015 6/30/2017 7,500 3,710 3,790

Shared Services Arrangement IDEA - Part C, Early Intervention Deaf 340 9/1/2016 8/31/2017 4,191 1,315 2,876

Instructional Materials Allotment 410 7/1/2015 7,842,144 759,940 7,082,204

Law Enforcement Officer Standards and Education 427 7/1/2016 3,499 2,372 1,127

Prekindergarten Grant Program 429 6/15/2016 8/31/2017 986,661 - 986,661

Shared Services Arrangement Regional Day School for the Deaf 435 9/1/2016 8/31/2017 3,168,541 751,787 2,416,754

The George Foundation RaiseUp Texas - Lake Olympia MS 482 6/1/2014 8/31/2017 95,064 86,064 9,000

The George Foundation - EDGE Initiative 482 9/1/2016 8/31/2017 153,000 40,960 112,040

HEB Early Childhood Award - Ridgemont Early Childhood Center 489 2/6/2014 6/30/2017 5,000 4,972 28

Fort Bend Education Foundation 492 7/1/2014 6/30/2017 392,684 311,792 80,892

Ecolab Foundation Grant Various Campuses 493 8/1/2016 6/30/2017 38,034 10,318 27,716

Biomet South Texas Inc Grant -Scanlan Oaks 493 8/10/2016 5/31/2017 5,000 3,834 1,166

Oliver Foundation Grant - Briargate and Ridgemont 493 5/1/2016 6/1/2017 6,000 5,938 62

State Farm Youth Advisory Board Grant - Lake Olympia MS 494 9/15/2016 5/31/2017 45,686 8,259 37,427

36,324,483$ 5,272,620$ 31,051,863$

November 30, 2016





Expended

REVENUE57xx Local revenue 104,077,030$ 4,495,482$ 99,581,548$ 4% 93,550,782$ 4,019,522$ 4%58xx State program revenues 1,927,453 711,844 1,215,609 37% 2,188,686 - 0%

Total Revenue 106,004,483 5,207,326 100,797,157 5% 95,739,468 4,019,522 4%

EXPENDITURES BY FUNCTIONDEBT SERVICE 102,882,534 42,977,144 59,905,390 42% 102,593,384 51,219,356 50%


Over (Under) Expenditures 3,121,949 (37,769,818) (6,853,916) (47,199,834)

7xxx Other financing sources 33,150,000 33,155,000 (5,000) 100% 127,014,274 926,625 1%8xxx (Other financing uses) (33,150,000) (33,155,000) 5,000 100% 128,000,000 - 0%

Net Change 3,121,949 (37,769,818) 248,160,358 (46,273,209)

Fund Balance - 06/30/16 59,006,621 Fund Balance Ending- 11/30/2016 21,236,803$

EXPENDITURES BY MAJOR OBJECT62xx Purchased and contracted services 50,900 17,550 33,350 34% 25,400 21,550 85%64xx Other operating expenditures 25,450 - 25,450 0% - - 65xx Debt service 102,806,184 42,959,594 59,846,590 42% 102,567,984 51,197,806 50%


Notes: The District has issued a total of $41 million in commercial paper. The maximum amount that can be issued is $100 million, leaving $59 million available for issuance before thecommercial paper must be remarketed and permanent financing is secured.

The Other financing sources and uses actual amounts relate to the 2015A Variable Rate debt that was remarketed and closed in August 2016.

FORT BEND ISDDEBT SERVICE FUNDSInterim Statement of Revenues and Expenditures

Current Year, YTD Prior Year, YTDJuly 2016 - November 2016 July 2015 - November 2015

November 30, 2016

Actual Actual

REVENUE57xx Local revenue 51,569$ 56,532$ 59xx Federal program revenues 1,399,777 -

Total Revenue 1,451,346 56,532

EXPENDITURES BY FUNCTIONINSTRUCTION 161,675 240,156 INSTRUCTIONAL LEADERSHIP 137,142 - STUDENT TRANSPORTATION 282,048 - CO CURRICULAR EXTRA CURRICULAR 396,476 78,864 GENERAL ADMINISTRATION 78,547 25,761 FACILITIES MAINT AND OPERATION 16,712,605 3,156,262 SECURITY & MONITORING 489,766 60,557 DATA PROCESSING 2,637,848 6,589,539 FACILITIES ACQUISITION 30,557,185 21,121,751

51,453,292 31,272,889 Excess (Deficiency) of Revenues

Over (Under) Expenditures (50,001,945) (31,216,357)

7xxx Other financing sources (Comml Paper Issued) 41,000,000 100,000,000 Net Change (9,001,945) 68,783,643

Fund Balance - Beginning 6/30/16 33,669,372 Fund Balance - Ending 11/30/16 24,667,427$

Contingency (Included in

Recap of Fund Balance Fund Balance Fund Balance)Major Maintenace Projects (Funded from General Fd) 2,075,551 1,556 2007 Bond Remaining Projects 18,914,458 3,357,134 2014 Bond Remaining Projects 3,677,418 93,534

24,667,427$ 3,452,223$

EXPENDITURES BY MAJOR OBJECT61xx Payroll Costs 212,328 116,015 62xx Purchased and contracted services 17,261,447 5,123,731 63xx Supplies and Materials 3,027,040 4,803,945 64xx Other operating expenditures - 253,203 66xx Capital Outlay 30,952,476 20,975,995

Total Expenditures 51,453,292 31,272,889

FORT BEND ISDCAPITAL PROJECTS FUNDSInterim Statement of Revenues and Expenditures

Current Year, YTD Prior Year, YTDJuly 2016 - November 2016 July 2015 - November 2015

FORT BEND ISD - BOND FUNDSInterim Statement of Budget and ExpensesNovember 30, 2016

2007 BOND FUND:OriginalBudget Bond Proceeds

Expenses &

EncumbrancesUnspentProceeds Status & Comments

EstComplDate

Madden Elementary School (#46) 17,968,964 14,708,005 14,338,907 369,098 Minor projects ($50K) & future projects ($200K); Construction audit ongoing Jan-17Middle School #15 - Campus 055 47,304,947 11,000,000 9,056,797 1,943,203 Structural steel installation, site perimenter road, and underground utilities in progress Aug-18

WEST SIDE AG - D & C 415,000 3,085,052 2,836,399 248,653 Pier drilling completed; building pad formwork in progress; access road completed May-17Softball Scoreboards 0 551,875 552,517 (642) Pier installation in progress Mar-17DE Classroom Enclosure-Design 0 259,000 259,000 0 Design Complete; pending Phase 2 of project (Construction funded by Fund 610) Aug-17Marquees Repair/Replacement 0 358,487 357,896 591 All marquees are complete and fully functional with close out in process Nov-16HRE-Playground & Canopy 0 208,165 173,919 34,247 Playground structure installed; canopy installation scheduled for Winter Break Feb-17CMMS - Electrical Upgrades 0 883,463 802,047 81,416 PO and NTP issued; construction scheduled to begin early January, 2017 Jul-17Electrical Buss Bar Design Work 0 201,975 178,638 23,338 All design work complete; Construction Administration in progress Jul-17

Digital Storage Products & Services 0 1,216,703 1,057,875 158,828 First portion of storage is complete, currently being implemented. Addt'l purchase may be needed. TBDCabling-Closet Backbone Fiber 0 1,415,915 699,250 716,665 Cabling for WAN & Wireless Projects - MS cabling 100% complete. Working on Phase 1 ES Jun-18Data Center Renovation/Repairs 0 2,559,720 1,868,403 691,317 Work in Progress. Addt'l items approved by BOT. Work may delayed to Spring Break. Mar-17LAN Equipment & Services 0 1,650,000 0 1,650,000 School Refresh - MS deployment in progress. Getting ready to order ES equipment. Dec-17T-Building Relocation 2016 0 1,495,220 1,405,369 89,851 Construction work completed; funds encumbered by Technology (replacing stock used) Feb-17

Fire Protection Services 0 311,000 311,000 0 Bids received Oct-16Tennis Court Renovations 0 226,820 0 226,820 Complete Jan-17Wheeler FH Basketball Goals 0 35,000 32,238 2,762 Goals delivered 11/8 and installed 11/16/16. Jan-17

Contingency - 2007 Referendum 0 3,304,951 0 3,304,951 (a) Includes MCMS Gym TBDCompleted Projects 362,311,089 336,528,649 336,528,649 0 Total 2007 Bond 428,000,000 380,000,000 370,458,904 9,541,096

Campus Scoreboards 0 554,378 591,656 (37,278) Construction contract approved; purchase order and NTP in process Mar-17Scoreboard - Structure & Soil 0 70,500 70,498 2 Geotechnical reports and design complete for 2016-17 softball scoreboards Oct-16

Contingency - Interest Income 0 52,183 0 52,183 (b) TBDCompleted Projects 0 5,975,795 5,975,795 0 Total 2007 Bond - Interest Income 0 6,652,856 6,637,948 14,907

2007 BOND TOTAL: 428,000,000 386,652,856 377,096,851 9,556,003

Note: Currently there is $48 million in either issued or unissed bond proceeds for MS#15.

FUND 610 (FUNDED FROM GENERAL OPERATING FUND):

Budget Encumbrance Expense UnspentProceeds

Contingency 5,119 0 0 5,119 Interest Earned n/aDulles Complex-Elec Upgrades 2,261,785 159,984 1,920,230 181,570 Dulles Complex is now running on CenterPoint primary power Feb-17Dulles ES-Classroom Enclosure (Ph 1) 1,500,000 195,200 1,295,900 8,900 Replace existing AHU & mechanical parts during Winter Break Feb-17MRWood - Special Ed Relocation 150,000 1,600 150,069 (1,669) Dec-16White Fleet Replacement - FY17 1,583,382 1,405,289 141,316 36,777 PO completed. Arriving in Dec & Jan; 2 cars arrived 11/3 Mar-17EDGE Campus Refresh (FFE & Technology) 450,000 29,594 0 420,406 Installing projectors at BGESCE-Blended Learning (Proof of Concept) 43,369 31,133 2,190 10,046 Orders placedSPED Security Cameras 120,000 78,074 1,925 40,001 PO placed. Purchasing put on hold pending RFP meeting

FUND 610 TOTAL: 6,113,655 1,900,874 3,511,630 701,151

DESIGN & CONSTRUCTION PROJECTS:

INTEREST INCOME PROJECTS

TECHNOLOGY PROJECTS:

OTHER PROJECTS:

PROJECTS:

NEW CONSTRUCTION:

DESIGN & CONSTRUCTION PROJECTS:

INTERNAL SERVICE FUNDSInterim Statement of Revenues, Expenditures and Changes in Net AssetsNovember 30,2016

Health Insurance Fund

Workers Comp. Fund

Unemployment Fund

Technology Fund

Print Shop Fund

Health Insurance Fund

Workers Comp. Fund

Unemployment Fund

Technology Fund

REVENUE57xx Local revenue 24,319,757$ 350,880$ -$ 27,668$ 360,061$ 24,211,833$ 343,691$ -$ -$

Total Revenue 24,319,757 350,880 - 27,668 360,061 24,211,833 343,691 - -

EXPENDITURES BY MAJOR OBJECT61xx Payroll Costs 282,407 57,692 3,253 - - 103,815 181,961 40,831 - - 62xx Purchased and contracted services 2,039,924 56,800 7,000 317,007 179,748 1,724,412 59,488 7,000 29,638 63xx Supplies and Materials 887 - - 735,736 66,847 2,753 - - 450,355 64xx Other operating expenditures 27,827,445 500,444 17,626 - 518 26,024,203 479,705 120,456 -

Total Expenditures 30,150,663 614,936 27,879 1,052,743 350,928 27,933,329 580,024 127,456 479,993

Operating Income (Loss) (5,830,906) (264,056) (27,879) (1,025,075) 9,133 (3,721,496) (236,333) (127,456) (479,993)

Earnings from Investments 11,789 13,576 2,301 17,745 - 7,487 3,258 598 4,210 Change in Net Assets (5,819,117) (250,480) (25,578) (1,007,330) 9,133 (3,714,009) (233,075) (126,858) (475,783)

Total Net Assets - 06/30/2016 6,456,542 5,431,615 1,405,650 11,732,407 158,234 12,538,331 5,860,343 1,624,904 12,377,878 Total Net Assets - 11/30/2016 637,425$ 5,181,135$ 1,380,072$ 10,725,077$ 167,367$ 8,824,322$ 5,627,268$ 1,498,046$ 11,902,095$

Note: I The Print Shop was part of the General Fund in FY 2015-2016 and was transferred to Internal Service Funds at 06/30/2016. The Internal Service Funds do not have a budget.

FORT BEND ISD

Current Year, YTDJuly 2016 - November 2016

Prior Year, YTDJuly 2015 - November 2015

Fort Bend ISDEnterprise Funds Revenue and Expenses by Object and Major Object Revenue and Expenses by Object and Major Object

November 30, 2016

Extended Learning Extended Learning Current Year, YTD Prior Year, YTD

July 2016 - November 2016 July 2015 - November 2015

Adjusted Bgt.(all campuses)

Actual(all campuses)

RemainingBudget

Adjusted Bgt.(all campuses)

Actual(all campuses)

RemainingBudget

REVENUE 8,418,540$ 3,542,426$ 4,876,114$ 7,850,000$ 3,197,564$ 4,652,436$

EXPENDITURESPayroll Costs 5,843,593 1,866,831 4,452,215 5,411,563 1,743,573 3,667,990Purchase of Contracted Services 660,500 183,215 532,693 634,500 147,204 487,296Supplies and Materials 395,000 119,610 275,390 315,000 57,621 257,379Other Operating Expenses 688,000 146,518 541,482 688,000 235,671 452,329

TOTAL EXPENDITURES 7,587,093 2,316,174 5,801,780 7,049,063 2,184,069 4,864,994

Operating Transfer out - - 1,000,000 -

NET REVENUE 831,447 1,226,252 (199,063) 1,013,495

Net Assets, Beginging 06/30/16 4,681,861 4,681,861 3,672,106 3,672,106Net Assets, Ending 11/30/16 5,513,308$ 5,908,113$ 3,473,043$ 4,685,601$

Fort Bend ISDEnterprise Funds Revenue and Expenses by Object and Major Object Revenue and Expenses by Object and Major Object

November 30, 2016

Facility Rentals Facility RentalsCurrent Year, YTD Prior Year, YTD

July 2016 - November 2016

July 2015 - November 2015

REVENUE 543,928$ 313,651$

EXPENDITURESPayroll Costs 147,422 50,304 Purchase of Contracted Services 195,140 262,680 Supplies and Materials 14,753 - Other Operating Expenses 827 718

TOTAL EXPENDITURES 358,142 313,702

NET REVENUE 185,786 (51)

Net Assets, Beginging 06/30/16 366,588 (43,875) Net Assets, Ending 11/30/16 552,374$ (43,926)$

A budget is not prepared for facility rentals.

Fort Bend ISDPortfolio Composition by Investment Type

Market ValueDescription AmountCash 7,655,164$ Money Market Funds 33,150,764 Texpool 30,885,519 Lone Star 30,467,785 TexStar 27,377,307 Texas Term 28,423,045 Texas CLASS 15,038,507 U.S. Agency Securities 35,004,000

208,002,090$

Fort Bend ISDPortfolio Composition by Fund

Market ValueDescripton AmountGeneral Fund 114,316,261$ (a)Food Service 2,910,010 Activity Funds 4,123,953 Debt Service 20,169,156 Capital Projects 31,898,586 Business-Type Activities 3,925,152 Internal Service Fund 15,719,577 Technology Equip Fund 10,388,788 Trust and Agency 4,550,609

208,002,092$

(a) This includes all Special Revenue Fund Balances except for Food Service and Activity Funds. Some Special Revenue Fund balances are negative due to pending reimbursements.

November 30, 2016

November 30, 2016

Cash4% Money Market

Funds16%

Texpool15%

Lone Star14%

TexStar13%

Texas Term14%

Texas CLASS7%

U.S. Agency Securities

17%

Portfolio Composition by Investment Type

General Fund55%

Food Service1%

Activity Funds2%

Debt Service 10%

Capital Projects 15%

Business‐Type Activities

2%

Internal Service Fund8%

Technology Equip Fund5% Trust and Agency

2%

Portfolio Composition by Fund

Fort Bend ISDMaturity Schedule

Percent of Par

Portfolio Value0-3 mos 95.19% 197,998,090$ 3-6 mos 4.81% 10,000,000

100.00% 207,998,090$

Fort Bend ISDInvestment Income (YTD)

InterestDescripton Income (YTD)General Fund 302,346$ Food Service 6,998 Debt Service 86,804 Capital Projects 51,569 Business-Type Activities 4,986 Internal Service Fund 27,747 Technology Equip Fund 17,745

498,196$

November 30, 2016

November 30, 2016 95.19%

4.81%0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

0‐3 mos 3‐6 mos

Percen

tage

of P

ortfolio

Maturity

Maturity Schedule at Par Value

General Fund60.69%

Food Service1.40%

Debt Service 17.42%

Capital Projects 10.35%

Business‐Type Activities1.00%

Internal Service Fund5.57%

Technology Equip Fund3.56%

Interest Income (YTD)

‐

100

200

300

400

500

600

Nov‐15 Dec‐15 Jan‐16 Feb‐16 Mar‐16 Apr‐16 May‐16 Jun‐16 Jul‐16 Aug‐16 Sep‐16 Oct‐16 Nov‐16

Market V

alue

(Millions)

Month

PORTFOLIO VALUE BY TYPE

Pools

Money Market Funds

Cash

Securities

0.00%

0.10%

0.20%

0.30%

0.40%

0.50%

0.60%

0.70%

Annu

al Yield

Month

Fort Bend ISD ‐ Comparative Yields

FBISD

3‐mo. T‐bill

6‐mo. T‐bill

Pool Average

Fund CUSIP/Description Type Rating BrokerPurchase

DateMarket Value

7/01/16Par Value11/30/16

Total CostPurchased

Book Value11/30/16

Market Value11/30/16

Yield toMaturity

MaturityDate

Days toMaturity

Int Accrto Date

199 - General Operating Fund3130A7AF2 FHLB AA+ Wells Fargo 02/05/16 7,502,250 0 0 0 0 08/16/163130A3J70 FHLB AA+ Hilltop Securities 12/16/15 5,002,500 0 0 0 0 11/23/163130A3J70 FHLB AA+ Coastal Securities 12/16/15 5,002,500 0 0 0 0 11/23/163130A75B7 FHLB AA+ Cantella & Co. 01/25/16 5,006,000 5,000,000 5,000,000 5,006,000 5,002,000 0.650 01/25/17 55 11,375FHLB Total 22,513,250 5,000,000 5,000,000 5,006,000 5,002,000 0.650 55 11,375

3137EADS5 FHLMC AA+ Coastal Securities 12/01/15 5,006,000 0 0 0 0 10/14/163137EADU0 FHLMC AA+ Hilltop Securities 01/12/16 5,000,500 5,000,000 4,983,678 5,000,500 5,000,400 0.611 01/27/17 57 8,6113137EADU0 FHLMC AA+ Coastal Securities 02/04/16 5,000,500 5,000,000 4,994,600 5,000,500 5,000,400 0.815 01/27/17 57 8,611FHLMC Total 15,007,000 10,000,000 9,978,278 10,001,000 10,000,800 0.713 57 17,222

3135G0YE7 FNMA AA+ Stifel Nicolaus 12/01/15 5,001,500 0 0 0 0 08/26/16FNMA Total 5,001,500 0 0 0 0

912828RJ1 T-Note Coastal Securities 01/12/16 5,008,000 0 0 0 0 09/30/16912828RM4 T-Note Coastal Securities 01/12/16 5,011,000 0 0 0 0 10/31/16912828RU6 T-Note Coastal Securities 01/28/16 5,010,500 0 0 0 0 11/30/16912828J35 T-Note Hilltop Securities 02/04/16 10,002,000 10,000,000 9,986,719 10,002,000 10,001,200 0.625 02/28/17 90 12,908912828J92 T-Note Hilltop Securities 01/28/16 10,001,000 10,000,000 9,975,000 10,001,000 10,000,000 0.715 03/31/17 121 8,516TREASURY NOTE Total 35,032,500 20,000,000 19,961,719 20,003,000 20,001,200 0.670 105 21,424

Fund 199 - LoneStar State Pool AAAm LoneStar 09/01/01 15,831,849 5,345,400 5,345,400 5,345,400 5,345,400 0.410 01/05/17 36 0Fund 199 - TexPool State Pool AAAm TexPool 09/01/01 15,342,834 966,279 966,279 966,279 966,279 0.410 01/15/17 46 0Fund 199 - TexStar State Pool AAAm TexStar 04/26/10 17,732,454 21,257,192 21,257,192 21,257,192 21,257,192 0.420 01/18/17 49 0Fund 199 - TexasCLASS State Pool AAAm TexasCLASS 07/01/16 0 15,038,507 15,038,507 15,038,507 15,038,507 0.840 01/22/17 53 0Fund 199 - TexasTerm State Pool AAAm Texas Term 10/07/09 17,607,123 22,234,945 22,234,945 22,234,945 22,234,945 0.450 01/15/17 46 0State Pool Total 66,514,260 64,842,323 64,842,323 64,842,323 64,842,323 0.528 45 0

Fund 199 - Money Mkt Money Mkt Prosperity Bank 05/31/12 24,614,319 13,336,855 13,336,855 13,336,855 13,336,855 0.450 Open 1 0Money Market Total 24,614,319 13,336,855 13,336,855 13,336,855 13,336,855 0.450 1 0

Prosperity Bank Cash Prosperity Bank 05/31/12 1,302,762 1,133,082 1,133,082 1,133,082 1,133,082 0.450 Open 1 0Prosperity Bank Total 1,302,762 1,133,082 1,133,082 1,133,082 1,133,082 0.450 1 0

169,985,591 114,312,261 114,252,258 114,322,261 114,316,261 0.564 53 50,021

240 - Food ServiceFund 240 - TexPool State Pool AAAm TexPool 09/01/01 2,518,818 2,025,082 2,025,082 2,025,082 2,025,082 0.410 01/15/17 46 0Fund 240 - TexStar State Pool AAAm TexStar 12/01/12 2,579,806 582,986 582,986 582,986 582,986 0.420 01/18/17 49 0State Pool Total 5,098,624 2,608,068 2,608,068 2,608,068 2,608,068 0.412 47 0

Prosperity Bank Cash Prosperity Bank 05/31/12 141,654 301,942 301,942 301,942 301,942 0.450 Open 1 0Prosperity Bank Total 141,654 301,942 301,942 301,942 301,942 0.450 1 0

5,240,278 2,910,010 2,910,010 2,910,010 2,910,010 0.416 42 0

461 - Activity FundsFund 461 - TexPool State Pool AAAm TexPool 09/01/01 1,807,685 1,810,571 1,810,571 1,810,571 1,810,571 0.410 01/15/17 46 0Fund 461 - LoneStar State Pool AAAm LoneStar 12/12/12 1,833,970 1,836,982 1,836,982 1,836,982 1,836,982 0.410 01/05/17 36 0State Pool Total 3,641,654 3,647,553 3,647,553 3,647,553 3,647,553 0.410 41 0


3,927,703 4,123,953 4,123,953 4,123,953 4,123,953 0.415 36 0

500 - Debt Service FundFund 599 - LoneStar State Pool AAAm LoneStar 09/01/01 10,009,611 6,102 6,102 6,102 6,102 0.410 01/05/17 36 0Fund 599 - TexPool State Pool AAAm TexPool 09/01/01 8,716,604 6,579 6,579 6,579 6,579 0.410 01/15/17 46 0

FBISD Portfolio Position11/30/2016

199 - General Fund Total

240 - Food Service Fund Total

461 - Activity Funds Total


DateMarket Value

7/01/16Par Value11/30/16

Total CostPurchased

Book Value11/30/16


Yield toMaturity

MaturityDate

Days toMaturity

Int Accrto Date


Fund 599 - TexStar State Pool AAAm TexStar 04/27/10 10,241,957 6,182 6,182 6,182 6,182 0.420 01/18/17 49 0Fund 599 - TexasTerm State Pool AAAm Texas Term 01/04/10 10,328,745 6,382 6,382 6,382 6,382 0.450 01/15/17 46 0State Pool Total 39,296,918 25,245 25,245 25,245 25,245 0.423 44 0

Fund 599 - Money Mkt Money Mkt Prosperity Bank 05/31/12 19,437,723 19,813,908 19,813,908 19,813,908 19,813,908 0.450 Open 1 0Money Market Total 19,437,723 19,813,908 19,813,908 19,813,908 19,813,908 0.450 1 0


58,739,643 20,169,156 20,169,156 20,169,156 20,169,156 0.450 1 0

600 - Capital Projects Funds313312ZA1 FFCBD AA+ Coastal Securities 10/20/15 5,000,000 0 0 0 0 07/06/16FFCB Discount Note Total 5,000,000 0 0 0 0

3130A3J70 FHLB AA+ Hilltop Securities 12/01/15 5,002,500 0 0 0 0 11/23/16FHLB Total 5,002,500 0 0 0 0

3135G0YE7 FNMA AA+ Stifel Nicolaus 12/01/15 5,001,500 0 0 0 0 08/26/163135G0ES8 FNMA AA+ Coastal Securities 12/16/15 5,017,500 0 0 0 0 11/15/16FNMA Total 10,019,000 0 0 0 0

Fund 610 - TexPool State Pool AAAm TexPool 04/26/16 4,883,742 2,212,638 2,212,638 2,212,638 2,212,638 0.410 01/15/17 46 0Fund 634 - Lone Star State Pool AAAm LoneStar 08/12/09 797,181 2,664,898 2,664,898 2,664,898 2,664,898 0.410 01/05/17 36 0Fund 634 - TexasTerm State Pool AAAm Texas Term 10/07/09 3,677,755 2,546,043 2,546,043 2,546,043 2,546,043 0.450 01/15/17 46 0Fund 634 - Texpool State Pool AAAm TexPool 08/11/09 847,733 3,410,925 3,410,925 3,410,925 3,410,925 0.410 01/15/17 46 0Fund 635 - TexStar State Pool AAAm TexStar 12/13/12 3,238,187 1,039,461 1,039,461 1,039,461 1,039,461 0.420 01/18/17 49 0Fund 635 - Texpool State Pool AAAm TexPool 05/27/10 204,403 754,961 754,961 754,961 754,961 0.410 01/15/17 46 0Fund 637 - TexPool State Pool AAAm TexPool 07/15/15 77,777 5,682,855 5,682,855 5,682,855 5,682,855 0.410 01/15/17 46 0Fund 637 - TexStar State Pool AAAm TexStar 07/15/15 1,229,510 828 828 828 828 0.420 01/18/17 49 0Fund 637 - TexasTerm State Pool AAAm Texas Term 07/15/15 1,396,472 1,385 1,385 1,385 1,385 0.450 01/15/17 46 0Fund 638 - LoneStar State Pool AAAm LoneStar 07/15/15 98 98 98 98 98 0.410 01/05/17 36 0Fund 638 - TexPool State Pool AAAm TexPool 07/15/15 155,927 165,282 165,282 165,282 165,282 0.410 01/15/17 46 0Fund 638 - TexStar State Pool AAAm TexStar 07/15/15 1,462,152 250,610 250,610 250,610 250,610 0.420 01/18/17 49 0Fund 638 - TexasTerm State Pool AAAm Texas Term 07/15/15 1,209,077 1,411,133 1,411,133 1,411,133 1,411,133 0.450 01/15/17 46 0Fund 639 - LoneStar State Pool AAAm LoneStar 07/15/15 2,974,160 5,002,431 5,002,431 5,002,431 5,002,431 0.410 01/05/17 36 0Fund 639 - TexPool State Pool AAAm TexPool 07/15/15 198,940 5,754,630 5,754,630 5,754,630 5,754,630 0.410 01/15/17 46 0Fund 640 - TexPool State Pool AAAm TexPool 07/15/15 0 0 0 0 0 0.410 01/15/17 46 0State Pool Total 22,353,115 30,898,178 30,898,178 30,898,178 30,898,178 0.416 44 0

Prosperity Bank Cash Prosperity Bank 05/31/12 188,625 1,000,408 1,000,408 1,000,408 1,000,408 0.450 Open 1 0Prosperity Bank Total 188,625 1,000,408 1,000,408 1,000,408 1,000,408 0.450 1 0

42,563,239 31,898,586 31,898,586 31,898,586 31,898,586 0.417 42 0

700 - Internal Service FundsFund 752 - TexPool State Pool AAAm TexPool 07/01/16 0 216,269 216,269 216,269 216,269 0.410 01/15/17 46 0Fund 753 - TexPool State Pool AAAm TexPool 02/21/14 593,094 3,260 3,260 3,260 3,260 0.410 01/15/17 46 0Fund 753 - TexStar State Pool AAAm TexStar 09/26/13 5,047,200 4,240,048 4,240,048 4,240,048 4,240,048 0.420 01/18/17 49 0Fund 753 - TexasTerm State Pool AAAm Texas Term 10/03/14 5,515,811 718,224 718,224 718,224 718,224 0.450 01/15/17 46 0Fund 771 - LoneStar State Pool AAAm LoneStar 12/18/14 5,394,809 4,324,637 4,324,637 4,324,637 4,324,637 0.410 01/05/17 36 0Fund 771 - TexPool State Pool AAAm TexPool 02/21/14 3,063,625 3,963,474 3,963,474 3,963,474 3,963,474 0.410 01/15/17 46 0Fund 774 - TexPool State Pool AAAm TexPool 02/21/14 1,456,650 1,436,602 1,436,602 1,436,602 1,436,602 0.410 01/15/17 46 0Fund 857 - TexPool (FSA) State Pool AAAm TexPool 09/03/14 167,466 375,522 375,522 375,522 375,522 0.410 01/15/17 46 0State Pool Total 21,238,656 15,278,035 15,278,035 15,278,035 15,278,035 0.415 44 0

ISF-JPMorgan (FSA) Cash JPMorgan Chase 06/30/16 47,943 48,000 48,000 48,000 48,000 0.000 Open 1 0ISF-JPMorgan (HLTH) Cash JPMorgan Chase 06/30/16 112,573 0 0 0 0 0.000 Open 1 0

600 - Capital Projects Funds Total

500 - Debt Service Funds Total


DateMarket Value

7/01/16Par Value11/30/16

Total CostPurchased

Book Value11/30/16


Yield toMaturity

MaturityDate

Days toMaturity

Int Accrto Date


JPMorgan Chase Bank Total 160,516 48,000 48,000 48,000 48,000 0.000 1 0


21,551,655 15,719,577 15,719,577 15,719,577 15,719,577 0.414 43 0

700 - Business-Type ActivitiesFund 711- TexasTerm State Pool AAAm Texas Term 03/21/16 1,502,001 1,504,934 1,504,934 1,504,934 1,504,934 0.450 01/15/17 46 0State Pool Total 1,502,001 1,504,934 1,504,934 1,504,934 1,504,934 0.450 46 0

ENT - Prosperity Bank Cash Prosperity Bank 06/30/15 226,454 682,882 682,882 682,882 682,882 0.450 Open 1 0EXTDP - Prosperity Bank Cash Prosperity Bank 05/31/12 948,979 1,737,336 1,737,336 1,737,336 1,737,336 0.450 Open 1 0Prosperity Bank Total 1,175,433 2,420,218 2,420,218 2,420,218 2,420,218 0.450 1 0

2,677,434 3,925,152 3,925,152 3,925,152 3,925,152 0.450 18 0

780 - Technology Equipment FundFund 780 - LoneStar State Pool AAAm LoneStar 10/28/14 5,776,718 8,288,197 8,288,197 8,288,197 8,288,197 0.410 01/05/17 36 0Fund 780 - TexPool State Pool AAAm TexPool 10/28/14 5,885,438 2,100,591 2,100,591 2,100,591 2,100,591 0.410 01/15/17 46 0State Pool Total 11,662,156 10,388,788 10,388,788 10,388,788 10,388,788 0.410 38 0

11,662,156 10,388,788 10,388,788 10,388,788 10,388,788 0.410 38 0

800 - Trust & Agency FundsFund 865AF - Lone Star State Pool AAAm LoneStar 12/12/12 2,994,122 2,999,039 2,999,039 2,999,039 2,999,039 0.410 01/05/17 36 0State Pool Total 2,994,122 2,999,039 2,999,039 2,999,039 2,999,039 0.410 36 0

Prosperity Bank Cash Prosperity Bank 05/31/12 654,786 1,551,569 1,551,569 1,551,569 1,551,569 0.450 Open 1 0Prosperity Bank Total 654,786 1,551,569 1,551,569 1,551,569 1,551,569 0.450 1 0

3,648,908 4,550,609 4,550,609 4,550,609 4,550,609 0.424 24 0

TOTAL PORTFOLIO 319,996,607 207,998,090 207,938,087 208,008,090 208,002,090 0.501 43 50,021

Portfolio % Policy %FFCB Disc. Note 5,000,000 0 0 0 0 0.00%FHLB 27,515,750 5,000,000 5,000,000 5,006,000 5,002,000 2.40%FHLMC 15,007,000 10,000,000 9,978,278 10,001,000 10,000,800 4.81%FNMA 15,020,500 0 0 0 0 0.00%Treasury Notes 35,032,500 20,000,000 19,961,719 20,003,000 20,001,200 9.62%

97,575,750 35,000,000 34,939,997 35,010,000 35,004,000 16.83% 60.00%

CASH 4,067,310 7,655,164 7,655,164 7,655,164 7,655,164 3.68%MONEY MARKETS 44,052,041 33,150,764 33,150,764 33,150,764 33,150,764 15.94% 60.00%STATE POOLS 174,301,505 132,192,163 132,192,163 132,192,163 132,192,163 63.55% 65.00%

TOTALS 319,996,607 207,998,090 207,938,087 208,008,090 208,002,090 100.00%

700 - Internal Service Funds Total

800 - Trust & Agency Funds Total

700 - Business-Type Activities

780 - Technology Equipment Fund

0.501

0.423

0.600

0.480

0.000 0.100 0.200 0.300 0.400 0.500 0.600 0.700

FBISD Yield

Avg Pool Rate

6 mo. T‐Bill

3 mo. T‐Bill

As Of November 30th:

CURRENT YEAR LEVY TAX YEAR:

ORIGINAL TAX LEVY $438,803,606.77 $397,324,857.01

ADJUSTMENTS YEAR-TO DATE $24,559,435.94 5.60% $14,355,054.07 3.61%

ADJUSTED TAX LEVY $463,363,042.71 $411,679,911.08

CURRENT COLLECTIONS YEAR-TO-DATE $17,556,959.11 3.79% $14,862,032.45 3.61%

CURRENT TAXES OUTSTANDING $445,806,083.60 96.21% $396,817,878.63 96.39%

PRIOR YEARS LEVY:

REMAINING PRIOR YEARS TAX LEVY $10,339,966.72 $9,968,504.65

REMAINING PRIOR YEARS ADJUSTMENT YEAR-TO-DATE -$904,218.23 $98,418.78

PRIOR YEARS ADJUSTED TAX LEVY $9,435,748.49 $10,066,923.43

PRIOR YEARS COLLECTIONS YEAR-TO-DATE $1,662,841.38 17.62% $2,489,647.44 24.73%

PRIOR YEARS OUTSTANDING YEAR-TO-DATE $7,772,907.11 82.38% $7,577,275.99 75.27%

PENALTY & INTEREST COLLECTED:

CURRENT COLLECTED YEAR-TO-DATE $0.00 $0.00

DELINQUENT COLLECTED YEAR-TO-DATE $496,850.38 $485,473.97

Fort Bend Independent School DistrictTax Collection Report

2016

2016 2015

2015

FORT BEND ISDCASH FLOW PROJECTIONS 2016 - 2017GENERAL OPERATING FUND

Beginning Cash Balance in Bank & Pools

RECEIPTSTax Collections Interest Earnings - InvestmentsOther RevenueState RevenueFederal Indirect Total Receipts

DISBURSEMENTSGross PayrollPayables Checks Total Disbursements

OTHER USES / TRANSFERSTransfer from Extended Learning Loan to/(repayment) from Internal Service FundsLoan to/(repayment) from Capital Project FundsLoan to/(repayment) from Special Revenue Funds Total Other Uses / Transfers

Net Change in Cash

Total Cash & Investments Available

TOTALS

$ 169,985,591 $ 156,147,192 $ 154,638,665 $ 138,396,380 $ 128,422,003 $ 114,322,261 $ 239,443,982 $ 299,244,291 $ 314,701,684 $ 277,295,706 $ 254,594,400 $ 218,566,926 $ 169,985,591

$ 918,775 671,747 (495,524) 221,359 5,339,623 168,344,799 106,016,237 56,841,425 7,222,211 3,766,632 1,426,894 1,381,800 351,655,979 $ 62,232 80,547 75,224 136,064 78,369 48,488 18,756 8,655 70,793 116,492 63,546 127,353 886,520 $ 19,621 82,553 192,761 253,586 446,726 423,126 306,478 202,574 554,505 1,072,013 367,384 471,552 4,392,878 $ 30,058,123 34,925,811 41,083,346 34,069,832 17,613,676 - - 2,713,614 2,713,614 14,946,200 10,868,671 19,023,729 208,016,616 $ 120,668 36,337 36,259 1,850,633 3,841,044 75,489 455,525 180,816 306,370 241,359 377,120 278,380 7,800,000 $ 31,179,419 $ 35,796,995 $ 40,892,066 $ 36,531,474 $ 27,319,438 $ 168,891,902 $ 106,796,996 $ 59,947,084 $ 10,867,493 $ 20,142,696 $ 13,103,615 $ 21,282,815 $ 572,751,993

$ 38,492,819 36,119,481 41,125,120 40,556,370 40,796,181 40,185,628 40,185,628 40,185,628 40,185,628 40,185,628 40,185,628 42,000,000 480,203,739 $ 4,209,100 4,978,082 10,924,195 7,001,518 5,908,049 6,984,553 4,811,059 6,304,063 6,087,842 6,158,375 6,945,461 11,928,236 82,240,532 $ 42,701,919 $ 41,097,563 $ 52,049,315 $ 47,557,887 $ 46,704,230 $ 47,170,181 $ 44,996,687 $ 46,489,691 $ 46,273,470 $ 46,344,003 $ 47,131,089 $ 53,928,236 $ 562,444,271

$ - - - - - - - (1,500,000) - - (1,500,000) 400,000 (400,000)

$ - - 3,062,176 4,197,053 (4,516,891) - - - - - - - 2,742,337 $ 2,315,899 (3,792,041) 2,022,860 (5,249,088) (1,168,159) (3,000,000) 2,000,000 (2,000,000) 2,000,000 (2,000,000) 2,000,000 2,000,000 (4,870,529) $ 2,315,899 $ (3,792,041) $ 5,085,035 $ (1,052,036) $ (5,285,050) $ (3,400,000) $ 2,000,000 $ (2,000,000) $ 2,000,000 $ (3,500,000) $ 2,000,000 $ 2,000,000 $ (3,628,193)

$ (13,838,399) (1,508,527) (16,242,285) (9,974,377) (14,099,742) 125,121,721 59,800,309 15,457,393 (37,405,977) (22,701,306) (36,027,474) (34,645,421) 13,935,914

$ 156,147,192 $ 154,638,665 $ 138,396,380 $ 128,422,003 $ 114,322,261 $ 239,443,982 $ 299,244,291 $ 314,701,684 $ 277,295,706 $ 254,594,400 $ 218,566,926 $ 183,921,505 $ 183,921,505

Negative tax amount for September 2016 due to Ft Bend County Tax Office lawsuit settlement.

February '17Projected

March '17Projected

April '17Projected

May '17Projected

June '17Projected

January '17Projected

July '16Actual

August '16Actual

September'16Actual

October '16Actual

November '16Actual

December '16Projected

Page 20

November 2016 Financial Report 2016-2017 - Fort Bend ISD · Collections through December 2016 were...

Documents

Transcript of November 2016 Financial Report 2016-2017 - Fort Bend ISD · Collections through December 2016 were...