2. Tax Report
• Total Levy - $82.0
• Budgeted tax
collections - $81.6
million
• Total tax collections -
$81.7 million
• Tax collections at
100.2% of budgeted
taxes
$0
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
$90,000,000
2013-2014
Total Tax Levy
Budgeted Taxes
YTD Collections
2
3. Securities Pledged Against Deposits
June 30, 2014
• Depository requirement – 102% of all
deposits in bank
• Current excess pledge over
requirement – 150%
3
$6,164,272
$9,223,184
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
$8,000,000
$9,000,000
$10,000,000
Pledge Requirement
Depository Pledge Information
June 30, 2014
4. Comparison of General Fund
Budget to Actual
2013-2014
4
EstimatedRevenue
$84,423,371
Revenue
$84,858,672
BudgetedExpenditures
$84,460,551
Expenditures
$82,414,526
$81,000,000
$81,500,000
$82,000,000
$82,500,000
$83,000,000
$83,500,000
$84,000,000
$84,500,000
$85,000,000
$85,500,000
5. Comparison of Food Service Fund
Budget to Actual
2013-2014
5
EstimatedRevenue
$5,481,418
Revenue
$5,308,412
BudgetedExpenditures
$5,425,261
Expenditures
$5,362,404
$5,200,000
$5,250,000
$5,300,000
$5,350,000
$5,400,000
$5,450,000
$5,500,000
6. Comparison of Debt Service Fund
Budget to Actual
2013-2014
6
EstimatedRevenue
$18,555,933
Revenue
$18,795,179
BudgetedExpenditures
$16,258,661
Expenditures
$16,257,609
$14,500,000
$15,000,000
$15,500,000
$16,000,000
$16,500,000
$17,000,000
$17,500,000
$18,000,000
$18,500,000
$19,000,000
7. Investment Report
As of June 30, 2014
7
General FundYTD
Interest - $24,503
All FundsYTD
Interest - $54,111
Interest Rates - .03%
to .33%
Texpool
$2,732,528
5%Lone Star
$17,630,488
31%
FirstTexas Bank
$6,557,836
11%
Texpool Prime
$13,980,407
24%
Money Market
$3,000,653
5%
CDs
$14,006,681
24%
Distribution of Investments
8. Bond Construction Summaries
Funding
Bonds sold - $109.3 million
Remaining bonds unsold - $28 million
Interest earned on 2013C Bonds - $10,581
Projects
Budgeted $22.2 million
Balance remaining – $49,996
8
