Plano Independent School District Calendar En Espaņol Site Index
Home About Us Schools Employment News for Parents for Students for Staff
 
About Us
Know Your School District
Mission and Goals
Annual Report
Awards & Ratings
Board of Trustees
Leadership Team
Service Departments
Directory of Schools
& Other Facilities
Budget Information
Instructional Program
Policies & Regulations
Purchasing Services
Safety & Security
Advisory Committees
Key Communicators
Education Foundation
Partners & Volunteers
About Plano
Contacts



Budget Information

The 2007-08 fiscal year is July 1, 2007 through June 30, 2008.

The Budget Department is under the management of Christie Tate. Following are district budgets presented for public information. 

Link to Adopted Budget for 2007-2008PDF file

Link to 2007 CAFR (Comprehensive Annual Financial Report) PDF Document (1.91MB)

See Information below

Tax Rate History

Year Local M & O Recapture Total M & O Tax Rate Debt Tax Rate Total
1993-94 $1.2072 $0.1221 $1.3293 $0.1423 $1.4716
1994-95 $1.2080 $0.1213 $1.3293 $0.1485 $1.4778
1995-96 $1.2082 $0.1211 $1.3293 $0.1601 $1.4894
1996-97 $1.1680 $0.1707 $1.3387 $0.1610 $1.4997
1997-98 $1.1938 $0.1397 $1.3335 $0.1858 $1.5193
1998-99 $1.1938 $0.1766 $1.3704 $0.1691 $1.5395
1999-2000 $1.1535 $0.2627 $1.4162 $0.1630 $1.5792
2000-01 $1.1153 $0.2705 $1.3858 $0.1673 $1.5531
2001-02 $1.0354 $0.4046 $1.4400 $0.1885 $1.6285
2002-03 $1.0334 $0.4366 $1.4700 $0.2334 $1.7034
2003-04 $1.0157 $0.4843 $1.500 $0.2334 $1.7334
2004-05 $1.0305 $0.4695 $1.500 $0.2334 $1.7334
2005-06 $1.0290 $0.4710 $1.50 $0.2334 $1.7334
2006-07 $  .9430 $0.3870 $1.33 $0.2484 $1.5784
2007-08 $ .7120 $0.3080 $1.02 $0.2484 $1.2684

Recapture Payment History

Year Weighted Average Daily Attendance Recapture Payment M & O Taxes Percent
1993-94
35,935
$ 10,386,102
$175,912,192
5.9%
1994-95
37,639
$   13,895,159
$188,442,234
7.4%
1995-96
41,627
$   16,491,185
$209,750,349
7.9%
1996-97
44,878
$   23,392,002
$231,559,845
10.1%
1997-98
47,210
$   17,523,627
$252,491,208
6.9%
1998-99
48,649
$   39,654,749
$285,861,916
13.9%
1999-00
50,129
$   53,189,257
$293,707,265
18.1%
2000-01
52,257
$   75,632,589
$320,408,129
23.6%
2001-02
55,149
$   96,868,418
$369,838,230
26.2%
2002-03
57,840
$116,693,888
$396,739,905
29.4%
2003-04
59,660
$128,618,544
$411,140,487
31.3%

2004-05

60,580 $129,251,583 $418,058,142
30.9%
2005-06 61,244 $136,313,763 $433,269,849
31.5%

2006-2007 Estimated

61,476 $127,390,014 $409,227,692 31.1%
2007-2008 Budget 62,150 $ 97,256,013 $322,297,439 30.2%
TOTAL Cumulative Payments

$1,082,556,893

$4,718,704,882
22.9%

 

Year
M &O
Taxes Retained
M & O Taxes Retained
Per WADA
Percent
Change
1993-94   $ 165,526,090
$ 4,606
1994-95
  $ 174,547,075
$ 4,637
 0.68%
1995-96
  $ 193,259,164
$ 4,643
 0.11%
1996-97
  $ 208,167,843
$ 4,639
-0.09%
1997-98
  $ 234,967,581
$ 4,977
 7.30%
1998-99
  $ 246,207,167
$ 5,061
 1.68%
1999-00
  $ 240,518,008
$ 4,798
-5.19%
2000-01
  $ 244,775,540
$ 4,684
-2.37%
2001-02
  $ 272,969,812
$ 4,950
 5.67%
2002-03
  $ 280,046,017
$ 4,842
-2.18%
2003-04
  $ 282,521,943
$ 4,736
-2.19%
2004-05
  $ 288,806,559
$ 4,767
+0.02%
2005-06   $ 296,956,086 $ 4,849
+1.72%
2006-07 Estimated   $ 281,837,678 $ 4,584
 -5.46%
2007-08 Budget   $ 225,041,426 $ 3,621
-21.01%

NOTE:  Change in state law effective for 2006-07 lowered local property taxes, which lowered recapture and increased state revenue.

Year State Revenue
State Revenue
Retained Per WADA
Percent
Change
1993-94   $    10,277,643
 $   286
1994-95   $    12,279,264
 $   326
14.1%
1995-96   $    11,259,972
 $   270
-17.1%
1996-97   $    13,608,876
 $   303
 12.1%
1997-98   $    12,615,168
 $   267
-11.9%
1998-99   $    14,936,476
 $   307
 14.9%
1999-00   $    14,225,300
 $   284
  -7.6%
2000-01   $    14,969,304
 $   286
    0.9%
2001-02   $    14,019,916
 $   254
-11.3%
2002-03   $    20,462,041
 $   354
 39.1%
2003-04   $    23,932,174
 $   401
 13.3%
2004-05   $    28,648,799
 $   473
 17.9%
2005-06   $    37,567,214  $   613
 29.6%
2006-07 Estimated   $    78,308,695  $1,274
228.3%
2007-08 Budget   $  145,966,329  $2,349
   84.4%

NOTE:  Change in state law effective for 2006-07 lowered local property taxes, which lowered recapture and increased state revenue.

Year Total Revenue Retained
Total Revenue
Retained Per WADA
Percent Change
*Inflation
1993-94   $   175,803,733
  $ 4,892
   
1994-95   $   186,826,339
  $ 4,964
1.46%
2.61%
1995-96   $   204,519,136
  $ 4,913
-1.02%
2.81%
1996-97   $   221,776,719
  $ 4,942
0.58%
2.93%
1997-98   $   247,582,749
  $ 5,244
6.12%
2.34%
1998-99   $   261,143,643
  $ 5,368
2.36%
1.55%
1999-00   $   254,743,308
  $ 5,082
-5.33%
2.19%
2000-01   $   259,744,844
  $ 4,971
-2.19%
3.38%
2001-02   $   286,989,728
  $ 5,204
 4.70%
2.83%
2002-03   $   300,508,058
  $ 5,195
-0.17%
1.59%
2003-04   $   306,454,117
  $ 5,137
-1.1%
2.27%
2004-05   $   317,455,358
  $ 5,240
 2.0%
2.68%
2005-06   $   334,523,300   $ 5,462
 4.24%
3.39%
2006-07 Estimated   $   360,146,373   $ 5,858
 7.25%
3.24%
2007-08 Budget   $   371,007,755   $ 5,969
 1.89%
 

*Inflation Source: Inflationdata.com