Fort Bend ISD - 1st Quarter Financial Report 2016-2017 · 2016-11-16 · Economic Stabilization (anticipated budgeted losses for FY 16-17 & FY 17-18) 7,500,000 Committed: Capital

1st QuarterFinancialReport

2016-2017

September 30, 2016

Adjusted Budget Actual Remaining Budget

PercentageRecognized/

Expended Adjusted Budget Actual


Expended

REVENUE57xx Local revenue 364,180,910$ 2,557,461$ 361,623,449$ 1% 329,205,486$ 2,898,427$ 1%58xx State program revenues 216,852,005 37,427,539 179,424,466 17% 254,957,500 37,310,489 15%59xx Federal program revenues 7,800,000 72,596 7,727,404 1% 9,138,643 131,788 1%

Total Revenue 588,832,915 40,057,595 548,775,320 7% 593,301,629 40,340,703 7%

EXPENDITURES BY FUNCTIONINSTRUCTION 359,153,618 35,915,556 323,238,062 10% 353,583,979 35,231,796 10%INSTRUCTIONAL RESOURCES MEDIA 8,128,981 780,179 7,348,802 10% 7,639,701 646,193 8%CURRICULUM DEVELOPMENT 8,032,726 1,654,327 6,378,399 21% 6,363,977 1,162,588 18%INSTRUCTIONAL LEADERSHIP 11,045,944 2,951,194 8,094,750 27% 11,139,856 2,374,287 21%SCHOOL LEADERSHIP 40,488,587 8,404,293 32,084,294 21% 38,435,817 7,726,860 20%GUIDANCE COUNSELING EVALUATION 28,617,805 4,194,727 24,423,078 15% 28,240,159 3,990,627 14%SOCIAL WORK SERVICES 1,213,038 152,913 1,060,125 13% 1,563,576 111,670 7%HEALTH SERVICES 7,627,703 763,496 6,864,207 10% 7,714,284 678,750 9%STUDENT TRANSPORTATION 20,882,651 3,163,928 17,718,723 15% 20,518,499 3,007,018 15%CO CURRICULAR EXTRA CURRICULAR 12,545,537 1,716,301 10,829,236 14% 12,636,178 1,444,546 11%GENERAL ADMINISTRATION 17,488,686 3,784,869 13,703,817 22% 15,978,400 3,709,507 23%FACILITIES MAINT AND OPERATION 56,369,492 15,349,165 41,020,327 27% 56,659,563 14,028,441 25%SECURITY & MONITORING 7,936,784 1,763,641 6,173,143 22% 7,845,969 1,545,235 20%DATA PROCESSING 15,210,526 3,459,336 11,751,190 23% 14,518,856 4,063,013 28%COMMUNITY SERVICES 596,783 71,696 525,087 12% 822,838 39,118 5%FACILITIES ACQUISITION 25,000 - 25,000 0% - - PAYMENT TO MEMBER/SSA 454,000 96,863 357,138 21% 578,600 - 0%OTHER INTERGOVERNMENTAL CHARGE 2,700,000 773,430 1,926,570 29% 2,583,040 676,823 26%

598,517,861 84,995,914 513,521,947 14% 586,823,291 80,436,471 14% Excess (Deficiency) of Revenues

Over (Under) Expenditures (9,684,946) (44,938,318) 6,478,338 (40,095,767)

7xxx Other financing sources 1,500,000 38,845 1,461,155 3% 1,000,000 55,565 6%8xxx (Other financing uses) - - - (7,211,000) - 0%

Net Change (8,184,946) (44,899,473) 267,338 (40,040,203)

EXPENDITURES BY MAJOR OBJECT61xx Payroll Costs 515,917,272 66,047,202 449,870,070 13% 503,048,459 62,520,982 12%62xx Purchased and contracted services 44,751,337 9,404,007 35,347,330 21% 44,595,559 9,405,249 21%63xx Supplies and Materials 24,565,855 5,505,770 19,060,085 22% 26,200,961 4,670,835 18%64xx Other operating expenditures 12,646,079 4,032,750 8,613,330 32% 11,975,334 3,807,708 32%65xx Debt service - - - 622 - 0%66xx Capital Outlay 637,317 6,185 631,132 1% 1,002,356 31,697 3%

Total Expenditures 598,517,861 84,995,914 513,521,947 14% 586,823,291 80,436,471 14%

FUND BALANCE AS OF 6/30/2016: (Unaudited)Nonspendable (inventories & prepaids) 1,741,180$ Committed: Loss of State Funding $49.4m, textbooks $2.7m, $1.5m transportation, new schools $4.5m 58,086,000Economic Stabilization (anticipated budgeted losses for FY 16-17 & FY 17-18) 7,500,000Committed: Capital Expenditures 6,400,000Unassigned 108,735,870

182,463,050$

July 2015-Sep 15

FORT BEND ISD

Interim Statement of Revenues and ExpendituresGENERAL OPERATING FUND

July 2016-Sep 16Current Year, YTD Prior Year, YTD

Page 2

Fort Bend ISDGeneral FundBudget TransfersSeptember 30, 2016

Original BudgetBoard

Amendments DonationsInter-Function

Transfers Grand Total11 - INSTRUCTION 357,553,070$ 1,594,605$ 100$ 5,843$ 359,153,618$ 12 - INSTRUCTIONAL RESOURCES MEDIA 8,086,620 44,361 - (2,000) 8,128,981 13 - CURRICULUM DEVELOPMENT 7,757,461 270,323 - 4,942 8,032,726 21 - INSTRUCTIONAL LEADERSHIP 10,934,525 76,086 - 35,333 11,045,944 23 - SCHOOL LEADERSHIP 40,041,866 452,221 - (5,500) 40,488,587 31 - GUIDANCE COUNSELING EVALUATION 28,449,797 193,386 - (25,378) 28,617,805 32 - SOCIAL WORK SERVICES 1,202,824 10,214 - - 1,213,038 33 - HEALTH SERVICES 7,550,327 77,216 - 160 7,627,703 34 - STUDENT TRANSPORTATION 20,635,360 247,291 - - 20,882,651 36 - CO CURRICULAR EXTRA CURRICULAR 11,997,051 547,986 - 500 12,545,537 41 - GENERAL ADMINISTRATION 17,072,938 415,748 - - 17,488,686 51 - FACILITIES MAINT AND OPERATION 55,893,783 1,357,801 29,125 (911,217) 56,369,492 52 - SECURITY & MONITORING 7,769,339 166,845 - 600 7,936,784 53 - DATA PROCESSING 13,890,158 403,651 - 916,717 15,210,526 61 - COMMUNITY SERVICES 592,292 4,491 - - 596,783 81 - FACILITIES ACQUISITION 25,000 - - - 25,000 93 - PAYMENT TO MEMBER/SSA 474,000 - - (20,000) 454,000 99 - OTHER INTERGOVERNMENTAL CHARG 2,700,000 - - - 2,700,000

Grand Total 592,626,411$ 5,862,225$ 29,225$ -$ 598,517,861$

The District’s Financial Policies allow for inter-function transfers to be processed by staff. The Board asked for information to be included with the monthly financial report outlining the inter-function transfers. The inter-function transfers that have been processed to date ensure that expenditures are categorized in the most appropriate function for reporting to TEA. The table above illustrates all changes to the adopted budget through September 30, including donations received, inter-function transfers that have been processed, and amendments approved by the Board.

Page 3

September 30, 2016



Expended

REVENUE57xx Local revenue 13,290,517$ 2,238,075$ 11,052,442$ 17%58xx State program revenues 123,163 13,686 109,477 11%59xx Federal program revenues 14,813,882 1,841,565 12,972,317 12%

Total Revenue 28,227,562 4,093,326 24,134,236 15%

EXPENDITURES BY FUNCTIONFOOD SERVICES 28,045,157 3,654,492 24,390,665 13%FACILITIES MAINT AND OPERATION 459,110 2,730 456,380 1%

28,504,267 3,657,223 24,847,044 13% Excess (Deficiency) of Revenues

Over (Under) Expenditures (276,705) 436,104

7xxx Other financing sources - - - 8xxx (Other financing uses) - - -

Net Change (276,705) 436,104

Fund Balance-Beginning 6/30/16 (Unaudited) 4,640,493 Fund Balance-Ending 09/30/2016 5,076,597$

EXPENDITURES BY MAJOR OBJECT61xx Payroll Costs 13,479,725 1,935,911 11,543,814 14%62xx Purchased and contracted services 1,062,390 93,227 969,163 9%63xx Supplies and Materials 13,262,683 1,623,034 11,639,649 12%64xx Other operating expenditures 38,469 5,051 33,419 13%65xx Debt service - - - 66xx Capital Outlay 661,000 - 661,000 0%

Total Expenditures 28,504,267 3,657,223 24,847,044 13%

FORT BEND ISD

Interim Statement of Revenues and ExpendituresSCHOOL BREAKFAST & LUNCH

July 2016-Sep 2016Current Year, YTD

Page 4

September 30, 2016



Expended

REVENUE57xx Local revenue 104,077,030$ 421,920$ 103,655,110$ 0%58xx State program revenues 1,927,453 306,641 1,620,812 16%59xx Federal program revenues - - -

Total Revenue 106,004,483 728,560 105,275,923 1%

EXPENDITURES BY FUNCTIONDEBT SERVICE 102,882,534 42,290,518 60,592,017 41%

102,882,534 42,290,518 60,592,017 41% Excess (Deficiency) of Revenues

Over (Under) Expenditures 3,121,949 (41,561,957)

7xxx Other financing sources 33,150,000 33,155,000 (5,000) 100%8xxx (Other financing uses) (33,150,000) (33,155,000) 5,000 100%

Net Change 3,121,949 (41,561,957)

Fund Balance - 06/30/16 (Unaudited) 59,006,621 Fund Balance Ending- 09/30/2016 17,444,664$

EXPENDITURES BY MAJOR OBJECT62xx Purchased and contracted services 50,900 17,550 33,350 34%64xx Other operating expenditures 25,450 - 25,450 0%65xx Debt service 102,806,184 42,272,968 60,533,216 41%

Total Expenditures 102,882,534 42,290,518 60,592,016 41%

FORT BEND ISD

Interim Statement of Revenues and ExpendituresDEBT SERVICE FUNDS

July 2016-Sep 16Current Year, YTD

Page 5

SPECIAL REVENUE FUNDSInterim Statement of Revenues and ExpendituresSeptember 30, 2016

Fund Begin End Total Feb 2014-Sept 2016 RemainingSpecial Revenue Fund Number Date Date Award Actual BudgetESEA, Title I, Part A - Improving Basic Programs 211 7/1/2015 9/30/2016 10,799,419 8,643,571 2,155,848

ESEA, Title I, Part A - Improving Basic Programs 211 7/1/2016 9/30/2017 9,473,173 292,881 9,180,292

Title I, Priority and Focus School Grant - Briargate 211 10/22/2015 9/30/2016 19,522 18,378 1,144

IDEA - Part B, Formula 224 7/1/2015 9/30/2016 15,574,026 10,993,216 4,580,810

IDEA - Part B, Formula 224 7/1/2016 9/30/2017 10,892,651 157 10,892,494

IDEA - Part B, Preschool 225 7/1/2015 9/30/2016 193,424 157,712 35,712

IDEA - Part B, Preschool 225 7/1/2016 9/30/2017 130,307 - 130,307

Carl D Perkins Basic Formula Grant 244 7/1/2016 8/15/2017 595,056 7,940 587,116

ESEA, Title II, Part A - Teacher and Principal Training and Recruiting 255 7/1/2015 9/30/2016 2,048,164 1,254,159 794,005

ESEA, Title II, Part A - Teacher and Principal Training and Recruiting 255 7/1/2016 9/30/2017 981,910 - 981,910

Title III, Part A - LEP 263 7/1/2015 9/30/2016 1,232,733 818,629 414,104

Title III, Part A - LEP 263 7/1/2016 9/30/2017 1,117,687 47,804 1,069,883

Title III, Part A - Immigrant 263 7/1/2015 9/30/2016 238,598 159,380 79,218

Title III, Part A - Immigrant 263 7/1/2016 9/30/2017 258,762 - 258,762

Investing in Innovation (i3) Grant Year 5 Summer 289 7/1/2015 6/30/2017 7,500 3,710 3,790

Investing in Innovation (i3) Grant Year 5 289 7/1/2014 12/31/2016 21,300 19,997 1,303

Shared Services Arrangement

IDEA - Part B, Formula Deaf 316 7/1/2015 9/30/2016 86,131 85,892 239

IDEA - Part B, Preschool Deaf 317 7/1/2015 9/30/2016 15,548 15,548 -

IDEA - Part C, Early Intervention Deaf 340 9/1/2016 8/31/2017 4,191 - 4,191

Instructional Materials Allotment 410 7/1/2015 7,842,144 491,780 7,350,364

Law Enforcement Officer Standards and Education 427 7/1/2016 3,499 1,789 1,710

Prekindergarten Grant Program 429 6/15/2016 8/31/2017 986,661 986,661

Shared Services Arrangement Regional Day School for the Deaf 435 9/1/2016 8/31/2017 3,168,541 238,740 2,929,801

The George Foundation RaiseUp Texas - Lake Olympia MS 482 6/1/2014 8/31/2017 95,064 86,064 9,000

The George Foundation - EDGE Initiative 482 9/1/2016 8/31/2017 153,000 12,750 140,250

HEB Early Childhood Award - Ridgemont Early Childhood Center 489 2/6/2014 6/30/2017 5,000 3,857 1,143

Fort Bend Education Foundation 492 7/1/2014 6/30/2017 372,684 282,342 90,342

Ecolab Foundation Grant Various Campuses 493 8/1/2016 6/30/2017 38,034 - 38,034

Biomet South Texas Inc Grant -Scanlan Oaks 493 8/10/2016 5/31/2017 5,000 - 5,000

Oliver Foundation Grant - Briargate and Ridgemont 493 5/1/2016 6/1/2017 6,000 5,938 62

State Farm Youth Advisory Board Grant - Lake Olympia MS 484 9/15/2016 5/31/2017 45,686 - 45,686 66,411,415$ 23,642,234$ 42,769,181$

Page 6

September 30, 2016

Current Year, YTD Prior Year, YTDJuly 2016 - Sept 2016 July 2015 - Sept 2015

REVENUE57xx Local revenue 37,853$ 25,973$

Total Revenue 37,853 25,973

EXPENDITURES BY FUNCTIONINSTRUCTION 159,484 181,984 INSTRUCTIONAL LEADERSHIP - - STUDENT TRANSPORTATION 282,048 - CO CURRICULAR EXTRA CURRICULAR 315,340 - GENERAL ADMINISTRATION 41,268 11,459 FACILITIES MAINT AND OPERATION 10,890,153 1,815,403 SECURITY & MONITORING 150,289 55,344 DATA PROCESSING 370,752 1,088,741 FACILITIES ACQUISITION 11,939,299 15,717,205

24,148,634 18,870,136 Excess (Deficiency) of Revenues

Over (Under) Expenditures (24,110,781) (18,844,163)

7xxx Other financing sources - 100,000,000 Net Change (24,110,781) 81,155,837

Fund Balance - Beginning 6/30/16 (unaudited) 33,669,372 Fund Balance - Ending 9/30/16 9,558,591$

Contingency (Included in

Recap of Fund Balance Fund Balance Fund Balance)Major Maintenace Projects (Funded from General Fd) 2,595,790 - 2007 Bond Remaining Projects 21,237,075 3,262,495 2014 Bond Remaining Projects (14,274,274) 88,052

9,558,591$ 3,350,547$

NOTE: DETAILED BUDGET AMOUNTS CAN BE FOUND ON THE 2007 & 2014 BOND REPORTS

FORT BEND ISDCAPITAL PROJECTS FUNDSInterim Statement of Revenues and Expenditures

Page 7

FORT BEND ISD - BOND FUNDS Interim Statement of Budget and ExpensesSeptember 30, 2016

ProjOriginalBudget Bond Proceeds

Expenses &

EncumbrancesUnspentProceeds Status & Comments

EstComplDate

2007 BOND FUND:

Madden Elementary School (#46) 0000254 $ 17,968,964 $ 14,708,005 $ 14,297,085 $ 410,920 Minor projects ($50K) and future projects ($200K) in progress Jan-17Middle School #15 - Campus 055 0000256 47,304,947 10,000,000 49,158,769 (39,158,769) Construction in progress Aug-18

MCMS Gym/ECC - D & C 0000463 1,100,000 1,100,000 72 1,099,928 Scheduled for October 2016 BOT TBDWEST SIDE AG - D & C 0000547 415,000 3,085,052 169,291 2,915,761 Contractor approved; contract and PO in process Mar-17Softball Scoreboards 0000948 0 461,004 424,615 36,389 Pier installation - Scheduled for October 2016 BOT Mar-17DE Classroom Enclosure 0000953 0 259,000 259,000 0 Design Complete; pending Phase 2 of project (Construction funded by Fund 610) Aug-17ME - Foundation Repairs 0000955 0 155,291 155,291 0 Closing project in process Oct-16TWE - Foundation Repairs 0000956 0 78,659 78,659 0 Closing project in process Oct-16Marquee Replacements 0000958 0 358,487 357,896 591 10 of 12 fully operational; 2 pending power & technology Oct-16HRE-Playground & Canopy 0000962 0 208,165 0 208,165 Approved September BOT; construction contract in process Feb-17CMMS - Electrical Upgrades 0000965 0 0 0 0 Approved September BOT; construction contract in process (AIA) Jul-17Electrical Buss Bar Projects 0001001 0 201,975 178,638 23,338 All design work complete; Construction Administration in progress Jul-17

Digital Storage Products & Srv 0000943 0 1,216,703 1,057,875 158,828 PO's issued. Project postponed. Waiting for power. TBDCabling-Closet Backbone Fiber 0000944 0 1,415,915 699,250 716,665 Cabling for WAN & Wireless Projects - working on MS Jun-18Data Center Renovation/Repairs 0000945 0 2,559,720 1,868,403 691,317 Work in Progress. Brick on order. Mar-17LAN Equipment & Services 0000957 0 1,650,000 0 1,650,000 School Refresh - MS equipment ordered. Getting ready to order ES equipment. Dec-17T-Building Relocation 2016 0000959 0 1,495,220 1,390,534 104,686 Construction work completed; Technology replacing items in stock used for temp bldgs Feb-16

Fire Protection System 0000946 0 311,000 290,472 20,528 Closing project in process Oct-16Tennis Court Renovations 0000963 0 226,820 0 226,820 Approved Sept BOT Jan-17Wheeler FH Basketball Goals 0000964 0 35,000 0 35,000 Approved Sept BOT Jan-17

Contingency - 2007 Referendum 0000586 0 3,168,451 0 3,168,451 (a) n/a

Completed Projects 361,211,089 337,305,533 337,305,533 0 Total 2007 Bond 428,000,000 380,000,000 407,691,382 (27,691,382)

Campus Scoreboards 0000934 0 483,709 482,652 1,057 Scheduled for October 2016 BOT -Pier installation Mar-17Scoreboard - Structure & Soil 0000938 0 70,500 70,500 0 Geotechnical reports and design complete for 2016-17 softball scoreboards Oct-16Contingency - Interest Income 0000601 0 94,044 0 94,044 (b) n/a

Completed Projects 0 4,975,795 4,975,795 0 Total 2007 Bond - Interest Income 0 5,624,048 5,528,947 95,101

2007 BOND TOTAL: $ 428,000,000 $ 385,624,048 $ 413,220,329 $ (27,596,282) Negative amount due to debt not issued for PO for MS#15. As invoices are paid, debt will be issued throughthe Tax Exempt Commercial Paper (TECP) Program, if approved. The general operating fund will pay for

Contingency Available expenses if the TECP program is not approved until debt is issued in 2017.(a) 2007 Bond Construction Savings 3,168,451 (b) 2007 Bond Interest Income 94,044

3,262,495

FUND 610 (FUNDED FROM GENERAL OPERATING FUND):

Major Maintenance Capital Fund 6000000 $ 1,556 $ 1,556 $ 0 $ 1,556 Interest Earned n/aDulles Complex-Elec Upgrades 6000001 2,261,785 2,261,785 2,056,258 205,527 Tech Ed power shut down scheduled for mid October Feb-17Dulles ES-Classroom Enclosure (Ph 1) 6000002 1,500,000 1,500,000 1,491,100 8,900 Reviewed test and balance report; proposal in process Feb-17MRWood - Special Ed Relocation 6000003 150,000 150,000 149,895 105 Furniture to arrive mid-October. Data drops are completed Dec-16White Fleet Replacement - FY17 6000004 1,583,382 1,583,382 1,480,984 102,398 PO completed. Police vehicles being built. Mar-17 Total Fund 610 5,496,723 5,496,723 5,178,237 318,485

FUND 610 TOTAL: $ 5,496,723 $ 5,496,723 $ 5,178,237 $ 318,485

NEW CONSTRUCTION:

DESIGN & CONSTRUCTION PROJECTS:

OTHER PROJECTS:

DESIGN & CONSTRUCTION PROJECTS:

INTEREST INCOME PROJECTS

TECHNOLOGY PROJECTS:

Total Contingency

Page 8

INTERNAL SERVICE FUNDSInterim Statement of Revenues, Expenditures and Changes in Net AssetsSeptember 30,2016

Health Insurance Fund

Workers Comp. Fund

Unemployment Fund

Technology Fund

Print Shop Fund

Health Insurance Fund

Workers Comp. Fund

Unemployment Fund

Technology Fund

REVENUE57xx Local revenue 14,050,584$ 206,830$ -$ -$ 255,280$ 14,218,209$ 201,994$ -$ -$

Total Revenue 14,050,584 206,830 - - 255,280 14,218,209 201,994 - -

EXPENDITURES BY MAJOR OBJECT6118 EXTRA DUTY-PROFESSIONAL - - - - - - - - - 61xx Payroll Costs 179,509 32,422 - - - 62,561 103,478 24,559 - - 62xx Purchased and contracted services 1,107,480 31,625 7,000 174,882 161,085 974,817 27,583 7,000 - 63xx Supplies and Materials 84 - - 488,975 35,491 199 - - 152,477 64xx Other operating expenditures 17,139,338 278,333 (1,563) - 496 15,636,173 260,670 54,000 - 66xx Capital Outlay - - - - - - - - -

Total Expenditures 18,426,411 342,380 5,437 663,857 259,633 16,714,667 312,812 61,000 152,477

Operating Income (Loss) (4,375,827) (135,550) (5,437) (663,857) (4,353) (2,496,458) (110,818) (61,000) (152,477)

Earnings from Investments 7,867 8,080 1,362 10,811 - 3,065 1,868 312 2,380 Transfers in (Out) - - - - - - - -

Change in Net Assets (4,367,960) (127,470) (4,075) (653,046) (4,353) (2,493,393) (108,950) (60,688) (150,097)

Total Net Assets - 06/30/2016 6,456,542 5,431,615 1,405,650 11,732,407 158,234 12,538,331 5,860,343 1,624,904 12,377,878 Total Net Assets - 09/30/2016 2,088,582$ 5,304,145$ 1,401,575$ 11,079,361$ 153,881 10,044,938$ 5,751,393$ 1,564,216$ 12,227,781$

Internal Service Funds do not have a budget

FORT BEND ISD

Current Year, YTDJuly 2016 - September 2016

Prior Year, YTDJuly 2015 - September 2015

Page 9

Fort Bend ISDEnterprise Funds Revenue and Expenses by Object and Major Object Revenue and Expenses by Object and Major Object

September 30, 2016

Extended Day Facility RentalsCurrent Year, YTD Current Year, YTD

July 2016 - Sept. 2016 July 2016 - Sept.

2016

Adjusted Bgt.(all campuses)

Actual(all campuses)

RemainingBudget Actual

REVENUE 8,418,540 1,737,199 6,681,341 330,604

EXPENDITURESPayroll Costs 5,843,593 983,532 4,860,061 13,129 Purchase of Contracted Services 660,500 55,299 605,201 3,090 Supplies and Materials 395,000 68,008 326,992 4,080 Other Operating Expenses 688,000 79,193 608,807 2,952

TOTAL EXPENDITURES 7,587,093 1,186,032 6,401,061 23,251

NET REVENUE 831,447 551,167 307,353 Net Assets, Beginging 06/30/16 4,681,861 4,681,861 366,588 Net Assets, Ending 09/30/16 5,513,308$ 5,233,028$ 673,941$

Page 10

Page 11

Fort Bend ISDPortfolio Composition by Investment Type

Market ValueDescription AmountCash 11,283,385$ Money Market Funds 31,914,323 Texpool 22,530,212 Lone Star 23,307,501 TexStar 21,991,483 Texas Term 21,287,252 Texas CLASS 15,017,679 U.S. Agency Securities 70,034,900

217,366,734$

Fort Bend ISDPortfolio Composition by Fund

Market ValueDescripton AmountGeneral Fund 138,399,830$ (a)Food Service 3,743,331 Activity Funds 3,999,662 Debt Service 16,955,658 Capital Projects 18,916,052 Business-Type Activities 3,193,275 Internal Service Fund 17,262,034 Technology Equip Fund 10,741,789 Trust and Agency 4,155,103

217,366,734$

(a) This includes all Special Revenue Fund Balances except for Food Service and Activity Funds. Some Special Revenue Fund balances are negative due to pending reimbursements.

September 30, 2016

September 30, 2016

Cash5.19% Money Market

Funds14.68%

Texpool10.37%

Lone Star10.72%TexStar

10.12%Texas Term

9.79%

Texas …

U.S. Agency Securities32.22%

Portfolio Composition by Investment Type

General Fund63.67%

Food Service1.72%

Activity Funds1.84%

Debt Service 7.80%

Capital Projects 8.70%

Business‐Type Activities1.47%

Internal Service Fund7.94%

Technology Equip Fund4.94% Trust and Agency

1.91%

Portfolio Composition by Fund

Page 12

Fort Bend ISDMaturity Schedule

Percent of Par

Portfolio Value0-3 mos 83.90% 182,331,834$ 3-6 mos 11.50% 25,000,000 6-9 mos 4.60% 10,000,000

100.00% 217,331,834

Fort Bend ISDInvestment Income (YTD)

InterestDescripton Income (YTD)General Fund 191,204$ Food Service 4,808 Debt Service 38,085 Capital Projects 37,853 Business-Type Activities 2,728 Internal Service Fund 17,308 Technology Equip Fund 10,811

302,797$

September 30, 2016

September 30, 2016 83.90%

11.50%4.60%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

0‐3 mos 3‐6 mos 6‐9 mos

Percen

tage

of P

ortfolio

Maturity

Maturity Schedule at Par Value

General Fund63.15%

Food Service1.59%

Debt Service 12.58%

Capital Projects 12.50%

Business‐Type Activities0.90%

Internal Service Fund5.72%

Technology Equip Fund3.57%

Interest Income (YTD)

Page 13

‐

100

200

300

400

500

600

Sep‐15 Oct‐15 Nov‐15 Dec‐15 Jan‐16 Feb‐16 Mar‐16 Apr‐16 May‐16 Jun‐16 Jul‐16 Aug‐16 Sep‐16

Market V

alue

(Millions)

Month

PORTFOLIO VALUE BY TYPE

Pools

Money Market Funds

Cash

Securities

0.00%

0.10%

0.20%

0.30%

0.40%

0.50%

0.60%

Sep‐15 Oct‐15 Nov‐15 Dec‐15 Jan‐16 Feb‐16 Mar‐16 Apr‐16 May‐16 Jun‐16 Jul‐16 Aug‐16 Sep‐16

Annu

al Yield

Month

Fort Bend ISD ‐ Comparative Yields

FBISD

3‐mo. T‐bill

6‐mo. T‐bill

Pool Average

Page 14

Fund CUSIP/Description Type Rating BrokerPurchase

DateMarket Value

7/01/16Par Value

9/30/16Total CostPurchased

Book Value9/30/16

Market Value9/30/16

Yield toMaturity

MaturityDate

Days toMaturity

Int Accrto Date

199 - General Operating Fund3130A7AF2 FHLB AA+ Wells Fargo 02/05/16 7,502,250 0 0 0 0 08/16/163130A3J70 FHLB AA+ Hilltop Securities 12/16/15 5,002,500 5,000,000 4,992,500 5,002,500 5,002,300 0.786 11/23/16 53 11,1113130A3J70 FHLB AA+ Coastal Securities 12/16/15 5,002,500 5,000,000 4,992,750 5,002,500 5,002,300 0.781 11/23/16 53 11,1113130A75B7 FHLB AA+ Cantella & Co. 01/25/16 5,006,000 5,000,000 5,000,000 5,006,000 5,003,150 0.650 01/25/17 115 5,958FHLB Total 22,513,250 15,000,000 14,985,250 15,011,000 15,007,750 0.739 74 28,181

3137EADS5 FHLMC AA+ Coastal Securities 12/01/15 5,006,000 5,000,000 5,009,800 5,001,500 5,000,850 0.648 10/14/16 14 20,2953137EADU0 FHLMC AA+ Hilltop Securities 01/12/16 5,000,500 5,000,000 4,983,678 5,000,500 5,001,550 0.815 01/27/17 117 4,4443137EADU0 FHLMC AA+ Coastal Securities 02/04/16 5,000,500 5,000,000 4,994,600 5,000,500 5,001,550 0.611 01/27/17 117 4,444FHLMC Total 15,007,000 15,000,000 14,988,078 15,002,500 15,003,950 0.691 83 29,184

3135G0YE7 FNMA AA+ Stifel Nicolaus 12/01/15 5,001,500 0 0 0 0 08/26/16FNMA Total 5,001,500 0 0 0 0

912828RJ1 T-Note Coastal Securities 01/12/16 5,008,000 0 0 0 0 09/30/16912828J35 T-Note Hilltop Securities 02/04/16 10,002,000 10,000,000 9,986,719 10,002,000 10,005,700 0.625 02/28/17 151 4,620912828J92 T-Note Hilltop Securities 01/28/16 10,001,000 10,000,000 9,975,000 10,001,000 10,000,800 0.715 03/31/17 182 137912828RM4 T-Note Coastal Securities 01/12/16 5,011,000 5,000,000 5,012,325 5,002,750 5,003,300 0.690 10/31/16 31 20,652912828RU6 T-Note Coastal Securities 01/28/16 5,010,500 5,000,000 5,010,750 5,004,200 5,005,400 0.617 11/30/16 61 14,703TREASURY NOTE Total 35,032,500 30,000,000 29,984,794 30,009,950 30,015,200 0.665 126 40,112

Fund 199 - LoneStar State Pool AAAm LoneStar 09/01/01 15,831,849 8,340,818 8,340,818 8,340,818 8,340,818 0.420 11/02/16 33 0Fund 199 - TexPool State Pool AAAm TexPool 09/01/01 15,342,834 5,098,289 5,098,289 5,098,289 5,098,289 0.380 11/14/16 45 0Fund 199 - TexStar State Pool AAAm TexStar 04/26/10 17,732,454 15,248,072 15,248,072 15,248,072 15,248,072 0.430 11/11/16 42 0Fund 199 - TexasCLASS State Pool AAAm TexasCLASS 07/01/16 0 15,017,679 15,017,679 15,017,679 15,017,679 0.790 11/26/16 57 0Fund 199 - TexasTerm State Pool AAAm Texas Term 10/07/09 17,607,123 12,623,904 12,623,904 12,623,904 12,623,904 0.510 11/10/16 41 0State Pool Total 66,514,260 56,328,762 56,328,762 56,328,762 56,328,762 0.538 45 0

Fund 199 - Money Mkt Money Mkt Prosperity Bank 05/31/12 24,614,319 14,988,326 14,988,326 14,988,326 14,988,326 0.450 Open 1 0Money Market Total 24,614,319 14,988,326 14,988,326 14,988,326 14,988,326 0.450 1 0

Prosperity Bank Cash Prosperity Bank 05/31/12 1,302,762 7,055,841 7,055,841 7,055,841 7,055,841 0.450 Open 1 0Prosperity Bank Total 1,302,762 7,055,841 7,055,841 7,055,841 7,055,841 0.450 1 0

169,985,591 138,372,930 138,331,052 138,396,380 138,399,830 0.590 63 97,477

240 - Food ServiceFund 240 - TexPool State Pool AAAm TexPool 09/01/01 2,518,818 1,121,361 1,121,361 1,121,361 1,121,361 0.380 11/14/16 45 0Fund 240 - TexStar State Pool AAAm TexStar 12/01/12 2,579,806 2,081,967 2,081,967 2,081,967 2,081,967 0.430 11/11/16 42 0State Pool Total 5,098,624 3,203,328 3,203,328 3,203,328 3,203,328 0.413 43 0

Prosperity Bank Cash Prosperity Bank 05/31/12 141,654 540,004 540,004 540,004 540,004 0.450 Open 1 0Prosperity Bank Total 141,654 540,004 540,004 540,004 540,004 0.450 1 0

5,240,278 3,743,331 3,743,331 3,743,331 3,743,331 0.418 37 0

461 - Activity FundsFund 461 - TexPool State Pool AAAm TexPool 09/01/01 1,807,685 1,809,390 1,809,390 1,809,390 1,809,390 0.380 11/14/16 45 0Fund 461 - LoneStar State Pool AAAm LoneStar 12/12/12 1,833,970 1,835,758 1,835,758 1,835,758 1,835,758 0.420 11/02/16 33 0State Pool Total 3,641,654 3,645,148 3,645,148 3,645,148 3,645,148 0.400 39 0


3,927,703 3,999,662 3,999,662 3,999,662 3,999,662 0.405 36 0

500 - Debt Service FundFund 599 - LoneStar State Pool AAAm LoneStar 09/01/01 10,009,611 6,098 6,098 6,098 6,098 0.420 11/02/16 33 0Fund 599 - TexPool State Pool AAAm TexPool 09/01/01 8,716,604 6,004 6,004 6,004 6,004 0.380 11/14/16 45 0

FBISD Portfolio Position9/30/2016

199 - General Fund Total

240 - Food Service Fund Total

461 - Activity Funds Total

Page 15


DateMarket Value

7/01/16Par Value


Book Value9/30/16

Market Value9/30/16

Yield toMaturity

MaturityDate

Days toMaturity

Int Accrto Date


Fund 599 - TexStar State Pool AAAm TexStar 04/27/10 10,241,957 6,178 6,178 6,178 6,178 0.430 11/11/16 42 0Fund 599 - TexasTerm State Pool AAAm Texas Term 01/04/10 10,328,745 6,377 6,377 6,377 6,377 0.510 11/10/16 41 0State Pool Total 39,296,918 24,658 24,658 24,658 24,658 0.436 40 0

Fund 599 - Money Mkt Money Mkt Prosperity Bank 05/31/12 19,437,723 16,925,996 16,925,996 16,925,996 16,925,996 0.450 Open 1 0Money Market Total 19,437,723 16,925,996 16,925,996 16,925,996 16,925,996 0.450 1 0


58,739,643 16,955,658 16,955,658 16,955,658 16,955,658 0.450 1 0

600 - Capital Projects Funds313312ZA1 FFCBD AA+ Coastal Securities 10/20/15 5,000,000 0 0 0 0 07/06/16FFCB Discount Note Total 5,000,000 0 0 0 0

3130A3J70 FHLB AA+ Hilltop Securities 12/01/15 5,002,500 5,000,000 4,996,302 5,002,500 5,002,300 0.701 11/23/16 53 11,111FHLB Total 5,002,500 5,000,000 4,996,302 5,002,500 5,002,300 0.701 53 11,111

3135G0YE7 FNMA AA+ Stifel Nicolaus 12/01/15 5,001,500 0 0 0 0 08/26/163135G0ES8 FNMA AA+ Coastal Securities 12/16/15 5,017,500 5,000,000 5,027,650 5,007,000 5,005,700 0.766 11/15/16 45 25,972FNMA Total 10,019,000 5,000,000 5,027,650 5,007,000 5,005,700 0.766 45 25,972

Fund 610 - TexPool State Pool AAAm TexPool 04/26/16 4,883,742 2,718,654 2,718,654 2,718,654 2,718,654 0.380 11/14/16 45 0Fund 634 - Lone Star State Pool AAAm LoneStar 08/12/09 797,181 282,402 282,402 282,402 282,402 0.420 11/02/16 33 0Fund 634 - TexasTerm State Pool AAAm Texas Term 10/07/09 3,677,755 1,974,180 1,974,180 1,974,180 1,974,180 0.510 11/10/16 41 0Fund 634 - Texpool State Pool AAAm TexPool 08/11/09 847,733 445,268 445,268 445,268 445,268 0.038 11/14/16 45 0Fund 635 - TexStar State Pool AAAm TexStar 12/13/12 3,238,187 1,517,196 1,517,196 1,517,196 1,517,196 0.430 11/11/16 42 0Fund 635 - Texpool State Pool AAAm TexPool 05/27/10 204,403 561 561 561 561 0.380 11/14/16 45 0Fund 637 - TexPool State Pool AAAm TexPool 07/15/15 77,777 188 188 188 188 0.380 11/14/16 45 0Fund 637 - TexStar State Pool AAAm TexStar 07/15/15 1,229,510 827 827 827 827 0.430 11/11/16 42 0Fund 637 - TexasTerm State Pool AAAm Texas Term 07/15/15 1,396,472 1,384 1,384 1,384 1,384 0.510 11/10/16 41 0Fund 638 - LoneStar State Pool AAAm LoneStar 07/15/15 98 98 98 98 98 0.420 11/02/16 33 0Fund 638 - TexPool State Pool AAAm TexPool 07/15/15 155,927 155,999 155,999 155,999 155,999 0.380 11/14/16 45 0Fund 638 - TexStar State Pool AAAm TexStar 07/15/15 1,462,152 428,815 428,815 428,815 428,815 0.430 11/11/16 42 0Fund 638 - TexasTerm State Pool AAAm Texas Term 07/15/15 1,209,077 1,210,512 1,210,512 1,210,512 1,210,512 0.510 11/10/16 41 0Fund 639 - LoneStar State Pool AAAm LoneStar 07/15/15 2,974,160 118,918 118,918 118,918 118,918 0.420 11/02/16 33 0Fund 639 - TexPool State Pool AAAm TexPool 07/15/15 198,940 16,517 16,517 16,517 16,517 0.380 11/14/16 45 0State Pool Total 22,353,115 8,871,521 8,871,521 8,871,521 8,871,521 0.422 42 0


42,563,239 18,908,052 18,932,004 18,917,552 18,916,052 0.589 46 37,083

700 - Internal Service FundsFund 753 - TexPool State Pool AAAm TexPool 02/21/14 593,094 43,247 43,247 43,247 43,247 0.380 11/14/16 45 0Fund 753 - TexStar State Pool AAAm TexStar 09/26/13 5,047,200 2,708,427 2,708,427 2,708,427 2,708,427 0.430 11/11/16 42 0Fund 753 - TexasTerm State Pool AAAm Texas Term 10/03/14 5,515,811 3,967,110 3,967,110 3,967,110 3,967,110 0.510 11/10/16 41 0Fund 771 - LoneStar State Pool AAAm LoneStar 12/18/14 5,394,809 4,323,145 4,323,145 4,323,145 4,323,145 0.420 11/02/16 33 0Fund 771 - TexPool State Pool AAAm TexPool 02/21/14 3,063,625 4,061,384 4,061,384 4,061,384 4,061,384 0.380 11/14/16 45 0Fund 774 - TexPool State Pool AAAm TexPool 02/21/14 1,456,650 1,438,574 1,438,574 1,438,574 1,438,574 0.380 11/14/16 45 0Fund 857 - TexPool (FSA) State Pool AAAm TexPool 09/03/14 167,466 276,208 276,208 276,208 276,208 0.380 11/14/16 45 0State Pool Total 21,238,656 16,818,096 16,818,096 16,818,096 16,818,096 0.429 40 0

ISF-JPMorgan (FSA) Cash JPMorgan Chase 06/30/16 47,943 47,943 47,943 47,943 47,943 0.000 Open 1 0ISF-JPMorgan (HLTH) Cash JPMorgan Chase 06/30/16 112,573 123,174 123,174 123,174 123,174 0.000 Open 1 0JPMorgan Chase Bank Total 160,516 171,118 171,118 171,118 171,118 0.000 1 0

Prosperity Bank Cash Prosperity Bank 05/31/12 152,483 272,820 272,820 272,820 272,820 0.450 Open 1 0

600 - Capital Projects Funds Total

500 - Debt Service Funds Total

Page 16


DateMarket Value

7/01/16Par Value


Book Value9/30/16

Market Value9/30/16

Yield toMaturity

MaturityDate

Days toMaturity

Int Accrto Date


Prosperity Bank Total 152,483 272,820 272,820 272,820 272,820 0.450 1 0

21,551,655 17,262,034 17,262,034 17,262,034 17,262,034 0.425 39 0

700 - Business-Type ActivitiesFund 711- TexasTerm State Pool AAAm Texas Term 03/21/16 1,502,001 1,503,784 1,503,784 1,503,784 1,503,784 0.510 11/10/16 41 0State Pool Total 1,502,001 1,503,784 1,503,784 1,503,784 1,503,784 0.510 41 0

ENT - Prosperity Bank Cash Prosperity Bank 06/30/15 226,454 554,024 554,024 554,024 554,024 0.450 Open 1 0EXTDP - Prosperity Bank Cash Prosperity Bank 05/31/12 948,979 1,135,467 1,135,467 1,135,467 1,135,467 0.450 Open 1 0Prosperity Bank Total 1,175,433 1,689,492 1,689,492 1,689,492 1,689,492 0.450 1 0

2,677,434 3,193,275 3,193,275 3,193,275 3,193,275 0.478 20 0

780 - Technology Equipment FundFund 780 - LoneStar State Pool AAAm LoneStar 10/28/14 5,776,718 5,403,223 5,403,223 5,403,223 5,403,223 0.420 11/02/16 33 0Fund 780 - TexPool State Pool AAAm TexPool 10/28/14 5,885,438 5,338,566 5,338,566 5,338,566 5,338,566 0.380 11/14/16 45 0State Pool Total 11,662,156 10,741,789 10,741,789 10,741,789 10,741,789 0.400 39 0

11,662,156 10,741,789 10,741,789 10,741,789 10,741,789 0.400 39 0

800 - Trust & Agency FundsFund 865AF - Lone Star State Pool AAAm LoneStar 12/12/12 2,994,122 2,997,041 2,997,041 2,997,041 2,997,041 0.420 11/02/16 33 0State Pool Total 2,994,122 2,997,041 2,997,041 2,997,041 2,997,041 0.420 33 0

Prosperity Bank Cash Prosperity Bank 05/31/12 654,786 1,158,062 1,158,062 1,158,062 1,158,062 0.450 Open 1 0Prosperity Bank Total 654,786 1,158,062 1,158,062 1,158,062 1,158,062 0.450 1 0

3,648,908 4,155,103 4,155,103 4,155,103 4,155,103 0.428 24 0

TOTAL PORTFOLIO 319,996,607 217,331,834 217,313,908 217,364,784 217,366,734 0.546 51 134,560

Portfolio % Policy %FFCB Disc. Note 5,000,000 0 0 0 0 0.00%FHLB 27,515,750 20,000,000 19,981,552 20,013,500 20,010,050 9.21%FHLMC 15,007,000 15,000,000 14,988,078 15,002,500 15,003,950 6.90%FNMA 15,020,500 5,000,000 5,027,650 5,007,000 5,005,700 2.30%Treasury Notes 35,032,500 30,000,000 29,984,794 30,009,950 30,015,200 13.81%

97,575,750 70,000,000 69,982,075 70,032,950 70,034,900 32.22% 60.00%

CASH 4,067,310 11,283,385 11,283,385 11,283,385 11,283,385 5.19%MONEY MARKETS 44,052,041 31,914,323 31,914,323 31,914,323 31,914,323 14.68% 60.00%STATE POOLS 174,301,505 104,134,126 104,134,126 104,134,126 104,134,126 47.91% 60.00%

TOTALS 319,996,607 217,331,834 217,313,908 217,364,784 217,366,734 100.00%

700 - Internal Service Funds Total

800 - Trust & Agency Funds Total

700 - Business-Type Activities

780 - Technology Equipment Fund

0.546

0.476

0.460

0.320

0.000 0.100 0.200 0.300 0.400 0.500 0.600

FBISD Yield

Avg Pool Rate

6 mo. T‐Bill

3 mo. T‐Bill

Page 17

As Of September 30th:

CURRENT YEAR LEVY TAX YEAR:

ORIGINAL TAX LEVY $0.00 $0.00

ADJUSTMENTS YEAR-TO DATE $0.00 0.00% $0.00 0.00%

ADJUSTED TAX LEVY $0.00 $0.00

CURRENT COLLECTIONS YEAR-TO-DATE $0.00 0.00% $0.00 0.00%

CURRENT TAXES OUTSTANDING $0.00 0.00% $0.00 0.00%

PRIOR YEARS LEVY:

REMAINING PRIOR YEARS TAX LEVY $10,339,966.72 $9,968,504.65

REMAINING PRIOR YEARS ADJUSTMENT YEAR-TO-DATE -$886,208.74 -$147,052.11

PRIOR YEARS ADJUSTED TAX LEVY $9,453,757.98 $9,821,452.54

PRIOR YEARS COLLECTIONS YEAR-TO-DATE $1,366,395.68 14.45% * $1,929,721.24 19.65%

PRIOR YEARS OUTSTANDING YEAR-TO-DATE $8,087,362.30 85.55% $7,891,731.30 80.35%

PENALTY & INTEREST COLLECTED:

CURRENT COLLECTED YEAR-TO-DATE $0.00 $0.00

DELINQUENT COLLECTED YEAR-TO-DATE $370,262.29 $334,429.79

*Due to CAD lawsuits settled in September 2016 in the amount of $ 779,968.04 the percentage collected is significantly lower than previous year’s percentage.

Fort Bend Independent School DistrictTax Collection Report

2016

2016 2015

2015

Page 18

FORT BEND ISDCASH FLOW PROJECTIONS 2016 - 2017GENERAL OPERATING FUND

Beginning Cash Balance in Bank & Pools

RECEIPTSTax Collections Interest Earnings - InvestmentsOther RevenueState Revenue - FoundationState Revenue - Per Capita and OtherFederal Indirect Total Receipts

DISBURSEMENTSGross PayrollPayables Checks Total Disbursements

OTHER USES / TRANSFERSTransfer from Extended Learning Loan to/(repayment) from Capital Project FundsLoan to/(repayment) from Special Revenue Funds Total Other Uses / Transfers

Net Change in Cash

Total Cash & Investments Available

TOTALS

$ 169,985,591 $ 156,147,192 $ 154,638,665 $ 138,396,380 $ 110,514,303 $ 106,684,838 $ 231,260,180 $ 292,768,180 $ 311,082,360 $ 268,475,004 $ 244,705,044 $ 208,269,721 $ 169,985,591

$ 918,775 671,747 (495,524) 517,186 11,758,823 168,344,799 106,016,237 56,841,425 7,222,211 4,166,632 1,876,894 1,458,938 359,298,144 $ 62,232 80,547 75,224 37,887 48,488 18,756 34,527 33,022 43,802 51,332 41,123 64,090 591,030 $ 19,621 82,553 192,761 276,784 423,126 306,478 509,712 495,278 492,029 305,667 144,913 474,757 3,723,678 $ 28,645,633 32,823,620 39,973,435 29,358,207 15,494,609 - - - - 12,232,586 8,155,057 16,310,115 182,993,263 $ 1,412,490 2,102,191 1,109,911 1,356,807 1,356,807 - - 2,713,614 2,713,614 2,713,614 2,713,614 2,713,614 20,906,277 $ 120,668 36,337 36,259 231,240 5,385,885 75,489 277,797 281,430 292,398 286,403 290,606 289,914 7,604,426 $ 31,179,419 $ 35,796,995 $ 40,892,066 $ 31,778,111 $ 34,467,737 $ 168,745,522 $ 106,838,273 $ 60,364,769 $ 10,764,055 $ 19,756,235 $ 13,222,207 $ 21,311,429 $ 575,116,818

$ 38,492,819 36,119,481 41,125,120 40,060,628 40,060,628 40,185,628 40,185,628 40,185,628 40,185,628 40,185,628 40,185,628 42,000,000 478,972,445 $ 4,209,100 4,978,082 10,924,195 7,599,560 6,236,574 6,984,553 3,144,645 5,364,960 11,185,783 5,340,567 7,471,902 8,224,521 81,664,442 $ 42,701,919 $ 41,097,563 $ 52,049,315 $ 47,660,188 $ 46,297,202 $ 47,170,181 $ 43,330,273 $ 45,550,589 $ 51,371,411 $ 45,526,195 $ 47,657,530 $ 50,224,521 $ 560,636,887

$ - - - - - - (1,500,000) - - - - (1,500,000) $ - - 3,062,176 10,000,000 (10,000,000) - - - - - - - 3,062,176 $ 2,315,899 (3,792,041) 2,022,860 2,000,000 2,000,000 (3,000,000) 2,000,000 (2,000,000) 2,000,000 (2,000,000) 2,000,000 2,000,000 5,546,718 $ 2,315,899 $ (3,792,041) $ 5,085,035 $ 12,000,000 $ (8,000,000) $ (3,000,000) $ 2,000,000 $ (3,500,000) $ 2,000,000 $ (2,000,000) $ 2,000,000 $ 2,000,000 $ 7,108,893

$ (13,838,399) (1,508,527) (16,242,285) (27,882,077) (3,829,465) 124,575,341 61,508,000 18,314,180 (42,607,356) (23,769,960) (36,435,323) (30,913,093) 7,371,037

$ 156,147,192 $ 154,638,665 $ 138,396,380 $ 110,514,303 $ 106,684,838 $ 231,260,180 $ 292,768,180 $ 311,082,360 $ 268,475,004 $ 244,705,044 $ 208,269,721 $ 177,356,628 $ 177,356,628

Negative tax amount for September 2016 due to Ft Bend County Tax Office lawsuit settlement.

January '17Projected

July '16Actual

August '16Actual

September'16Actual

October '16Projected

November '16Projected

December '16Projected

February '17Projected

March '17Projected

April '17Projected

May '17Projected

June '17Projected

Page 19

Documents

Fort Bend ISD - 1st Quarter Financial Report 2016-2017 · 2016-11-16 · Economic Stabilization (anticipated budgeted losses for FY 16-17 & FY 17-18) 7,500,000 Committed: Capital