Dripping Springs Financial Information

(per $100 assessed valuation)

	2002-2003	2003-2004	2004-2005	2005- 2006
Maintenance and Operation (M&O)	$1.4329	$1.4500	$1.4830	$1.5000
Interest and Sinking (I&S)	$0.3081	$.03054	$0.2635	$0.3260
Total Tax Rate	$1.7410	$1.7554	$1.7465	$1.8260

Budget General Fund

Estimated Revenues	2001-2002	2002-2003	2003-2004	2004-2005	2005-2006
Local Sources	$14,021,799	$16,636,624	$18,520,232	$19,703,064	$23,488,788
State Sources	$4,922,766	$2,759,269	$3,031,341	$2,825,384	$1,955,557
Federal Sources	$20,000	$20,000	$1,200	$1,200	$2,200
TOTAL REVENUES	$18,964,565	$19,415,893	$21,552,773	$22,529,648	$25,446,545
Estimated Expenditures
Salaries and Benefits	$14,884,732	$14,432,833	$16,356,966	$17,473,716	$17,648,539
Instruction and Related Services	$740,716	$676,727	$725,461	$722,811	$858,811
Instructional Leadership	$2,558	$2058	$3,955	$6,605	$6,605
Student Transportation	$340,452	$285,452	$369,452	$402,452	$433,452
Co-Curricular/Extra-Curricular	$183,418	$173,793	$183,793	$343,393	$239,393
General Administration	$325,200	$322,200	$419,125	$563,125	$583,225
Plant Maintenance and Operations	$1,461,035	$1,426,960	$1,597,960	$1,610,460	$1,576,460
Security and Monitoring Services	$8,000	$13,000	$72,800	$112,800	$152,800
Data Processing		$59,689	$114,104	$114,104	$114,104
Facilities Acquisition and Construction			$231,970	0	$230,254
Debt Services MaintenanceTaxNotes	$54,415	$54,415			$399,013
Shared Services Arrangements	$464,039	$464,039	$494,774	$494,774	$494,774
Contracted Instructional Services					$2,720,113
TOTAL EXPENDITURES	$18,464,565	$18,911,166	$20,570,360	$21,844,240	$25,457,543
Fund Balance	$500,000	$504,727	$982,413

 

Debt Service Fund

Estimated Revenues	2001-2002	2002-2003	2003-2004	2004-2005		2005-2006
Local Sources	$2,963,319	$3,563,069	$3,848,216	$3,745,465		$3,745,465
State Sources	$811,382	$154,031
TOTAL REVENUES	$3,774,701	$3,717,101	$3,848,216	$3,745,465		$3,745,465
Estimated Expenditures
Bond Principal	$1,930,647	$1,930,646	$930,626	$934,150		$934,150
Bond Interest	$1,834,754	$1,777,154	$2,816,149	$2,690,625		$2,690,625
Other Debt Service Fees	$9,300	$9,300	$10,075	$10,075		$10,075
TOTAL EXPENDITURES	$3,774,701	$3,727,100	$3,756,850	$3,634,850		$3,634,850

 

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Budget Information for years prior to 2002

	1997-1998	1998-1999	1999-2000	2000-2001
Instructional Related Expenses	$8,116,679	$8,870,672	$11,129,538	$11,986,366
Instructional and School Leadership	$869,987	$981,601	$1,235,298	$1,298,128
Support Services - Student	$2,409,581	$1,781,207	$3,610,765	$3,796,223
Administrative Support Services	$656,342	$775,612	$993,485	$832,846
Support Services- Non-Student Based	$1,560,289	$1,648,633	$1,826,033	$2,233,412
Debt Services	$3,066,765	$3,751,466	$3,799,854	$3,825,013
Capital Outlay		$601,600	$3,229,701	$248,814
Intergovernmental Charges	$306,822	$328,716	$395,712	$431,306
Total Appropriations	$16,986,465	$18,739,507	$26,220,386	$24,766,699

 

Source of Funds

	1997-1998	1998-1999	1999-2000	2000-2001	2001-2002
Local	$10,630,503	$11,327,357	$14,769,992	$14,094,133	$14,021,799
State	$5,928,000	$6,412,150	$7,839,802	$7,007,725	$4,922,766
Federal	$359,562	0	$610,594	$990,867	$20,222
Other		$850,000
Total Revenue			$23,220,388	$24,813,217	$18,964,565