1. School Finance -101 By Jesus Amezcua, CPA , CFO

2. Introduction • Purpose of Today’s discussion is: • To create an awareness of the complexity of public school finance • To provide stakeholders with information about the ever changing financial guidelines

3. School Finance -101 • Players of school finance • Template Summary of Finances • Data Variables

4. Board of Trustees • Superintendent • Community • Appraisal District • Comptroller’s Office • TEA • Legislature Who is involved in the projection of finances? • Student Enrollment • Program Management • IT and PEIMS • Tax • Debt • Accounting and Budget

5. Summary of Finances • Template is a Spreadsheet • Legislative Payment Estimate (LPE) • District Payment Estimate (DPE) • Five Basic Pages • Plus Various Schedules • As of Date • Total in Page 5

6. Data Variables (Student) • Enrollment • Attendance • Contact Hours • Student Coding for type of student

7. Data Variables (Taxes) • Taxable value • Over 65 Freeze exemptions • Tax Rate • Tax Current Collection Effort • Tax Delinquent Collections • Property Value Study

8. Data Variables (Debt) • Debt Financed by M&O • Debt Financed by I&S

9. Information is used to: • Projection of information to template for budgeting purposes • Adjustment by State at the end of the year • Preliminary -Many • Near Final -one • Final -one • Revised Final -one

10. In Summary • Continuation of School Finance II for Next Month to include Detail over each page of the template