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District Financials

 

Kaufman ISD is committed to an open line of communication with the community regarding how your tax dollars are allocated and expended.  

The 2017-2018 adopted tax rate is $1.55 per $100 of property valuation.  $1.17 of the adopted rate goes toward the maintenance/operations component of the KISD budget.  $.38 of the adopted rate goes toward the interest/sinking component of the KISD budget.

 

Annual Reports

Kaufman ISD's fiscal year begins on September 1st, and ends on August 31st.  Each year, KISD's financial statements are audited by an independent firm.  Below are the annual audit reports of those financial statements.

2015-2016

2014-2015

2013-2014

2012-2013

2011-2012

2010-2011

 

Budgets

A school district budget is divided into two main funds:

- Maintenance and Operations (M&O)

- Interest and Sinking (I&S)

Money in the maintenance and operations fund can be used for daily operations (i.e. salaries, supplies, utilities, etc.).  Money in the interest and sinking fund is used to repay bonded indebtedness. 

2017-2018 Adopted

2016-2017 Adopted

2015-2016 Adopted

2014-2015 Adopted

2013-2014 Adopted

2012-2013 Adopted

2011-2012 Adopted

Check Registers

FIRST Reports

FIRST stands for “Financial Integrity Rating System of Texas.” It is the annual rating performed by the Texas Education Agency to test the financial performance of school districts. 

The system is designed to encourage Texas public schools to manage their financial resources better in order to provide the maximum allocation possible for direct instructional purposes. The system will also disclose the quality of local management and decision-making processes that impact the allocation of financial resources in Texas public schools.

2015-2016

2014-2015

2013-2014

2012-2013

2011-2012

2010-2011

2009-2010

2008-2009

2007-2008

2006-2007

2005-2006 

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KAUFMAN INDEPENDENT SCHOOL DISTRICT  | 1000 S Houston Street Kaufman, TX 75142  |  Phone: 972-932-2622  |  Fax: 972-932-3325  |  Privacy Policy

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