Proposed Budget and Tax Hearing

Wichita Falls ISDAugust 16, 2010

Historical Student Enrollment

14,000

14,200

14,400

14,600

14,800

15,000

15,200

15,400

2001-2002

2002-2003

2003-2004

2004-2005

2005-2006

2006-2007

2007-2008

2008-2009

2009-2010

2010-2011

Assessed and Estimated Value of Taxable Property

$0

$500,000,000

$1,000,000,000

$1,500,000,000

$2,000,000,000

$2,500,000,000

$3,000,000,000

$3,500,000,000

$4,000,000,000

2001-2002

2002-2003

2003-2004

2004-2005

2005-2006

2006-2007

2007-2008

2008-2009

2009-2010

2010-2011

Taxable Roll by Category

35.3%

0.1%64.6%

Single Family Residence

Minerals

Commercial/Industrial

Area Schools Proposed Tax Rates

1.170 1.1701.040 1.040 1.040 1.040

0.2500.140

0.160 0.140 0.100 0.075

$0.00

$0.20

$0.40

$0.60

$0.80

$1.00

$1.20

$1.40

City V

iew -

1.42

Burkb

urnet

t - 1

.31

Wic

hita F

alls

- 1.

20

Hollid

ay -

1.18

Iow

a Par

k 1.

14

Elect

ra -

1.1

15

DebtServiceTax Rate

General(M&O)Tax Rate

Combined Tax Rate Burden

Government 2010-11 Rate 2009-10 Rate

City .625260 .605260

County .518242 .480799

School 1.20000 1.200000

Total 2.343502 2.286059

Increase 0.057443 2.51%

WFISD Historical Tax Rates

$0.00

$0.20

$0.40

$0.60

$0.80

$1.00

$1.20

$1.40

$1.60

$1.80

$2.00

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

DebtServiceTax Rate

General(M&O)Tax Rate

General and Special Revenues

$0

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

$70,000,000

$80,000,000

$90,000,000

$100,000,000

$110,000,000

$120,000,000

$130,000,000

$140,000,000

$150,000,000Local State Federal

Discretionary versus Dedicated Funding

$0

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

$70,000,000

$80,000,000

$90,000,000

$100,000,000

$110,000,000

$120,000,000

$130,000,000

$140,000,000

2002-2003

2003-2004

2004-2005

2005-2006

2006-2007

2007-2008

2008-2009

2009-2010

2010-2011

Regular Ed GF Spec Pop

Grants Debt Service

ARRA Stimulus Funds

State Fiscal Stabilization - $6,734,307*Reclassified from the General Fund

Title 1 Part A Stimulus - $1,280,000IDEA B Formula Stimulus - $1,435,000Other Stimulus Funds - $115,135

General Fund Budget Summary

0

20,000,000

40,000,000

60,000,000

80,000,000

100,000,000

2006-2007

2007-2008

2008-2009

2009-2010

2010-2011

Other

Administration

Operations

Support

Instruction

General Fund Expenditures per Student

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

2001-2002

2002-2003

2003-2004

2004-2005

2005-2006

2006-2007

2007-2008

2008-2009

2009-2010

2010-2011

Non-Payroll

Payroll

General Fund Expenditures by Object

Payroll Costs79%

Purchased and Contracted Services

14%

Capital Outlay0%

Other Operating2%Supplies and Materials

5%

Debt Service0%

Employee Increases for 2010-2011

Category Positions Employees Increase

Teachers 1,213 1,196 $708,758

Auxiliary 679 604 $119,985

Salaried 185 185 $99,713

Total 2077 1985 $928,456

Debt Service Fund Revenue by Source

Local82%

State18%

Debt Service FundFuture Bond Payments

$0

$3,000,000

$6,000,000

$9,000,000

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

I & SM & O

General Fund

0.00

0.20

0.40

0.60

0.80

1.00

1.20

1.40

1.60

20

01

-02

20

02

-03

20

03

-04

20

04

-05

20

05

-06

20

06

-07

20

07

-08

20

08

-09

20

09

-10

20

10

-11

0

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000

16,000,000

Tax Rate Fund Balance