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, 2020. Governmental Funds include the General Fund, Special Revenue Funds, Debt Service Funds and Capital Project Funds.
 

The total revenues per student as of August 31, 2020 is $11,530.00 and total expenditures per student is $14,238.00. The enrollment numbers are based on the 2020 PEIMS Peak Enrollment of 45,492. 
 

Revenues and Expenditures per Student
		Revenues		Expenditures
2016		10,088		9,918
2017		9,958		10,651
2018		10,281		9,942
2019		10,977		11,251
2020		11,530		14,238

Property 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, 2020, was $91,918,837. This represents $2,021.00 per student.

Comprehensive Annual Financial Report

Killeen ISD Full-Time Equivalent Employees

Killeen ISD had 7,307 full time equivalent positions as of August 31, 2020. Full time equivalent is a unit that indicates the workload of an employed person in a way that makes workloads comparable across various contexts.

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 2021 Adopted Budget by Function
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 its website as required by HB 1378, which was passed by the 84th Legislature to increase the transparency of local government debt

Check Registers

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

Contact Information