Financial Transparency

Killeen ISD provides budget and financial information online to increase transparency and align with the initiatives of the Texas Comptroller for financial transparency. We have provided links to our comprehensive annual financial reports, adopted budget, historical tax rate information, FIRST Reports and debt obligations. Other information may be accessed on the sidebar.


Financial Summary

The data below is from Killeen ISD's Governmental Fund Statements in the District's Comprehensive Annual Financial Report for the year ended August 31, 2019. Governmental Funds include the General Fund, Special Revenue Funds, Debt Service Funds and Capital Project Funds.
 

Revenues
Local and Intermediate Sources      $111,867,646
State Program Revenues $272,057,298
Federal Program Revenues $111,059,016
Total Revenues $494,983,960
 
Expenditures
Instruction $247,585,173
Instructional resources and media services $11,201,465
Curriculum development/instructional staff development $12,374,533
Instructional leadership $4,427,104
School leadership $24,583,813
Guidance, counseling and evaluation services $18,575,667
Social work services $1,946,995
Health services $4,915,233
Student (pupil) transportation $15,263,283
Food services $19,042,941
Extracurricular activities $9,947,755
General administration $9,739,316
Facilities maintenance and operations $42,825,435
Security and monitoring services $4,171,899
Data processing services $5,883,997
Community services $1,281,379
Debt service:  
Principal $5,005,001
Interest $14,241,949
Bond issuance cost and fees $1,015,066
Facilities acquisition and construction $52,399,228
Other Intergovernmental Charges $871,080
Total Expenditures $507,298,312
 
The total revenues per student as of August 31, 2019 is $10,977.00 and total expenditures per student is $11,251.00. The enrollment numbers are based on the 2019 PEIMS Peak Enrollment of 45,091. Killeen ISD Revenue and Expenditures per Student Fiscal Year 2015-2019 Bar GraphProperty tax is a levy on property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the property is located.

Total property tax revenue for KISD for the year ended August 31, 2019 was $91,031,797.00. This represents $2,019.00 per student.
Killeen ISD: Property Tax Rate per $100 Valuation, Fiscal Year 2015-2019 Bar Graph

You may access the information to KISD’s Historical Tax Rates here.
 

Comprehensive Annual Financial Report

CAFR FY 2019 CAFR FY 2016
CAFR FY 2018 CAFR FY 2015
CAFR FY 2017 Archives


Killeen ISD Full-Time Equivalent Employees

Killeen ISD had 6,903 full time equivalent positions as of August 31, 2019. Full time equivalent is a unit that indicates the workload of an employed person in a way that makes workloads comparable across various contexts.

Staff 2014-15 2015-16 2016-17 2017-18 2018-19
Supervisory 310 318 324 322 320
Instruction 3,938 3,967 4,086 4,304 4,233
Student Services 382 426 462 434 443
Support and Administration 1,662 1,689 1,739 1,750 1,907
Total Personnel 6,292 6,400 6,611 6,810 6,903
 

First Report

Financial Integrity Rating System of Texas is administered by TEA to ensure the Texas Public Schools are held accountable for the quality of their financial management practices. Killeen ISD received a superior rating for 2018-2019 (based on 2017-2018 data).

Budget

The school district is required by law to prepare an annual budget for the General Fund, Debt Service Fund and School Nutrition. Following are the links to the original budgets adopted by the Board of Trustees.

FY 2020 Adopted Budget by Function
FY 2019 Adopted Budget by Function
FY 2018 Adopted Budget by Function
FY 2017 Adopted Budget by Function
FY 2016 Adopted Budget by Function
Archives


Debt Obligations


Killeen ISD provides information about its annual debt information on their website as required by HB 1378, which was passed by the 84th Legislature to increase the transparency of local government debt

2019  
2018  
2017  
2016  
 
Payroll Expenditures

FY 2020
FY 2019
FY 2018
FY 2017
FY 2016


Check Registers

Killeen ISD posts monthly check registers online as part of the financial transparency initiative.

FY 2020

  

Contact Information

Megan Bradley
Chief Financial Officer
(254) 336-0157
Sherrill Watson
Director of Financial Reporting
(254) 336-2755
Cedric Menchion
Director of Financial Services
(254) 336-0012
 
Board Members    
.    
Corbett Lawler
Board President
(254) 634-1776
Susan Jones
Board Secretary
(254) 290-0383
JoAnn Purser
Board Member
(254) 634-1208
     
Marvin Rainwater
Board Member
(254) 394-2608
Minerva Trujillo
Board Vice President
(254) 371-6205
Shelley Wells
Board Member
(254) 953-1188
     
Brett Williams
Board Member
email
   
 
Our Awards
 
Transparency Stars