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, 2018. Governmental Funds include the General Fund, Special Revenue Funds, Debt Service Funds and Capital Project Funds.
 

Revenues
Local and Intermediate Sources $90,925,303
State Program Revenues $266,844,359
Federal Program Revenues $98,474,820
Total Revenues $456,244,482
 
Expenditures
Instruction $242,443,311
Instructional resources and media services $11,141,064
Curriculum development/instructional staff development $11,622,818
Instructional leadership $4,016,563
School leadership $24,005,138
Guidance, counseling and evaluation services $16,941,396
Social work services $1,839,830
Health services $4,816,611
Student (pupil) transportation $13,931,901
Food services $19,737,220
Extracurricular activities $10,439,993
General administration $9,979,509
Facilities maintenance and operations $37,686,494
Security and monitoring services $3,751,418
Data processing services $5,695,568
Community services $1,326,055
Debt service:  
Principal $8,290,000
Interest $2,066,450
Bond issuance cost and fees $2,011,140
Facilities acquisition and construction $8,600,017
Other Intergovernmental Charges $846,711
Total Expenditures $441,189,207
 
The total revenues per student as of August 31, 2018 is $10,281.00 and total expenditures per student is $9,942.00. The enrollment numbers are based on the 2018 PEIMS Peak Enrollment of 44,378.
 
Bar Graph


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, 2018 was $80,020,627.00. This represents $1,803.00 per student.
 

blue bar graph for tax rates


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

Comprehensive Annual Financial Report

CAFR FY 2018 CAFR FY 2015
CAFR FY 2017 CAFR FY 2014
CAFR FY 2016 Archives


Killeen ISD Full-Time Equivalent Employees

Killeen ISD had 6,810 full time equivalent positions as of August 31, 2018. 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 2013-14 2014-15 2015-16 2016-17 2017-18
Supervisory 302 310 318 324 322
Instruction 3,842 3,938 3,967 4,086 4,304
Student Services 384 382 426 462 434
Support and Administration 1,617 1,662 1,689 1,739 1,750
Total Personnel 6,145 6,292 6,400 6,611 6,810
 

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 2016-2017 (based on 2015-2016 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 2019 Adopted Budget by Function and Object Series
FY 2018 Adopted Budget by Function
FY 2017 Adopted Budget by Function
FY 2016 Adopted Budget by Function
FY 2015 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

2018  
2017  
2016  
 
Payroll Expenditures

FY 2019
FY 2018
FY 2017
FY 2016


Check Registers

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

 

 


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
 

Our Awards