Financial presentation to Board of Trustees.

1. June 2014 Board Meeting
Financial Presentation

2. Tax Report
• Total Levy - $82.0
• Budgeted tax
collections - $81.6
million
• Total tax collections -
$81.3 million
• Tax collections at
99.7% 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
May 31, 2014
• Depository requirement – 102% of all
deposits in bank
• Current excess pledge over
requirement – 139%
3
$6,639,883
$9,242,557
$-
$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
May 31, 2014

4. Comparison of General Fund
Budget to Actual
2013-2014
4
EstimatedRevenue
$84,423,371
Revenue
$83,514,499
BudgetedExpenditures
$84,460,551
Expenditures
$75,583,959
$70,000,000
$72,000,000
$74,000,000
$76,000,000
$78,000,000
$80,000,000
$82,000,000
$84,000,000
$86,000,000

5. Comparison of Food Service Fund
Budget to Actual
2013-2014
5
EstimatedRevenue
$5,481,418
Revenue
$4,910,517
BudgetedExpenditures
$5,425,261
Expenditures
$4,824,706
$4,400,000
$4,600,000
$4,800,000
$5,000,000
$5,200,000
$5,400,000
$5,600,000

6. Comparison of Debt Service Fund
Budget to Actual
2013-2014
6
EstimatedRevenue
$18,555,933
Revenue
$18,709,009
BudgetedExpenditures
$16,258,661
Expenditures
$16,257,609
$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 May 31, 2014
7
 General FundYTD
Interest - $17,696
 All FundsYTD
Interest - $45,628
 Interest Rates - .02%
to .33%
Texpool
$4,133,369
6%Lone Star
$18,138,306
28%
FirstTexas Bank
$7,033,422
11%
Texpool Prime
$17,779,506
28%
Money Market
$3,000,284
5%
CDs
$14,000,000
22%
Distribution of Investments

8. Bond Construction Summaries
 Funding
 Bonds sold - $109.3 million
 Remaining bonds unsold - $28 million
 Interest earned on 2013C Bonds - $9,279
 Projects
 Budgeted $22.2 million
 Balance remaining – $80,204
8