Financial Trends and Budget Summary 2024-2025

2024-2025 Budget Presentation June 24, 2024

Tax Rate Trend Tax Rates 1.80 1.5684 1.5383 1.60 1.4946 1.4429 1.40 1.2575 1.20 1.00 0.80 0.60 0.40 0.20 0.00 2019-20 2020-21 2021-22 2022-23 2023-24 2

Property Value Trend Property Values $8,000,000,000 6,917,265,659 6,514,814,470 $7,000,000,000 5,796,256,292 $6,000,000,000 5,380,561,828 $5,000,000,000 6% $4,000,000,000 12% 8% 6% $3,000,000,000 $2,000,000,000 $1,000,000,000 $- 2020-21 2021-22 2022-23 2023-24 3

Enrollment Enrollment Enrollment Trend Snapshot Versus Week 30 12,716 12,598 12,568 12,601 12,817 12,703 12,641 12,549 2020-2021 2021-22 2022-23 2023-24 Snapshot Week 30 4

2024-25 Payroll Considerations PayrollChanges Proposed for 2024-25 Teacher Matrix: $59,500 starting pay $1,000 increase all teachers/nurses/librarians $1,500 one time ESSER ESSER ending 9/30/24 Non-Teacher: 2% of midpoint $750 & $1,500 one time Two additional local leave days 2024-25 Compensation Manual 5

Wrapping Up 2023-24 Revised Budget 2023-24 Estimated Finish Revenue Local 52,351,636 52,716,919 State 70,263,811 75,046,053 Federal 954,053 710,220 Total 123,569,500 128,473,192 2023-24 Revised Budget 2023-24 Estimated Finish Expenses Payroll 99,078,245 103,637,359 Contracted Services 15,001,715 13,390,937 Supplies 4,603,401 4,369,993 Misc. Operating 3,890,289 3,827,660 Debt Service 0 1,295,333 Capital Outlay 490,604 3,096,026 Transfer Out 0 (2,611,000) Total 123,064,254 127,006,308 Excess 505,246 1,466,884 Fund Balance - June 30, 2023 - $33,525,005 6

General Fund Revenue 2024-25 Proposed Local 54,580,087 State 72,756,038 Federal 2,020,000 Total 129,356,125 Expenses 2024-25 Proposed Payroll 105,968,932 Contracted Services 14,579,930 Supplies 3,868,294 Misc. Operating 4,678,241 Capital Outlay 258,808 Total 129,354,205 Excess 1,920 7

Food Service Revenue 2023-24 Revised Budget 2023-24 2024-25 Proposed Estimated Finish Local 2,952,000 2,879,051 2,952,000 State 125,000 198,943 200,000 Federal 4,454,407 4,194,145 4,492,407 Total 7,531,407 7,272,139 7,644,407 Expenses 2023-24 Revised Budget 2023-24 2024-25 Proposed Estimated Finish Payroll 3,474,694 3,434,172 3,698,103 Supplies/Operations 5,425,007 4,619,691 5,503,612 Total 8,899,701 8,053,863 9,201,715 Excess/Deficit (1,368,294) (781,724) (1,557,308) Fund Balance - June 30, 2023 - $3,006,764 8

Debt Service Revenue 2023-24 Revised Budget 2023-24 Estimated Finish 2024-25 Proposed Local 34,820,700 33,730,790 34,757,374 State 500,000 3,557,263 4,806,979 Total 35,320,700 37,288,053 39,564,353 Expenses 2023-24 Revised Budget 2023-24 Estimated Finish 2024-25 Proposed Debt Service 31,451,454 31,202,252 22,030,728 Total 31,451,454 31,202,252 22,030,728 Excess/Deficit 3,869,246 6,085,801 17,533,625 2024-2025 Bond Payment - $21,769,802 9

Budget Adoption General Fund 2020-21 Audited 2021-22 Audited 2022-23 Audited 2023-24 Amended 2024-25 Proposed REVENUES Total Local & Intermediate Revenues State Program Revenues Federal Program Revenues 5700 5800 5900 56,680,239 61,014,626 2,000,317 47% 51% 2% 58,633,240 58,956,092 2,315,141 49% 49% 2% 63,514,325 56,832,283 2,425,801 52% 46% 2% 52,351,636 75,263,811 954,053 41% 59% 1% 54,380,087 72,756,038 2,020,000 42% 56% 2% 5030 TOTAL REVENUES 119,695,182 119,904,473 122,772,409 128,569,500 129,156,125 EXPENDITURES Instruction 0012 Instructional Resource & Media Svcs 0013 Curriculum & Instructional Staff Dev. 0021 Instructional Leadership 0023 School Leadership 0031 Guidance, Counseling & Evaluation Svcs 0032 Social Work Services 0033 Health Services 0034 Student (Pupil) Transportation 0035 Food Services 0036 Cocurricular/Extracurricular Activities 0041 General Administration 0051 Plant Maintenance & Operations 0052 Security & Monitoring Services 0053 Data Processing Services 0061 Community Services 0071 Debt Service 0081 Facilities Acquisition & Construction 0093 Shared Service Agreements 0095 Pymts to Juvenile Justice Alternative Ed. 0099 Pymts to Johnson Co. Appraisal Dist. 0011 62,385,730 1,239,428 1,491,045 1,569,476 6,609,125 5,143,008 177,154 1,689,848 3,087,765 131,068 3,768,448 2,895,479 11,590,212 828,768 2,939,327 126,647 112,322 59% 1% 1% 1% 6% 5% 0% 2% 3% 0% 4% 3% 11% 1% 3% 0% 0% 0% 0% 0% 1% 63,382,332 1,230,245 1,565,197 1,810,580 6,770,107 5,200,810 175,797 1,827,677 3,437,609 57% 1% 1% 2% 6% 5% 0% 2% 3% 0% 4% 3% 11% 1% 3% 0% 2% 0% 0% 0% 1% 66,647,568 57% 1,227,165 1,486,261 1,842,733 7,441,805 4,771,805 246,161 1,570,766 3,785,415 59,665 4,255,940 3,077,929 13,844,035 12% 2,143,453 2,773,885 7,312 1,696,679 73,975,432 1,342,731 1,296,837 2,106,043 7,743,694 5,618,313 134,648 1,879,046 4,151,286 38,000 4,718,339 3,277,205 15,695,585 2,794,761 2,717,717 57% 1% 1% 2% 6% 4% 0% 1% 3% 0% 4% 3% 12% 2% 2% 0% 1% 0% 0% 0% 1% 73,653,301 1,237,196 1,301,545 2,080,343 7,979,531 6,010,511 132,066 1,853,111 4,360,902 75,000 4,430,713 3,402,769 15,740,574 2,801,647 3,174,690 66,265 57% 1% 1% 2% 6% 5% 0% 1% 3% 0% 3% 3% 12% 2% 2% 0% 0% 0% 0% 0% 1% 1% 1% 2% 6% 4% 0% 1% 3% 0% 4% 3% 851 4,001,618 2,957,325 12,484,745 783,671 3,033,857 120,002 1,902,989 2% 2% 0% 1% 0% 0% 0% 1% 7,633 1,350,000 0 0 0 0 0 0 0 0 0 0 0 0 90,000 1,000 963,041 1,000 865,984 820,737 836,469 860,731 6050 TOTAL EXPENDITURES 106,605,587 111,521,881 117,739,308 129,714,254 129,354,205 1100 Excess/(Deficiency) of revenues over/(under) expenditures 13,089,595 8,382,592 5,033,101 (1,144,754) (198,080) 7913 7915 8900 8911 Proceeds from right-to-use assets Transfer in Other uses Transfers out - - 202,800 108,835 2,611,000 200,000 - - - - 0 0 0 0 0 0 0 (13,089,595) (15,125,030) (1,300,000) Excess/(Deficiency) of other resources over other uses (13,089,595) (14,922,230) (1,191,165) 2,611,000 200,000 1200 Excess/(Deficiency) of revenues & other resources over/(under) expenditures & other uses 0 (6,539,638) 3,841,936 1,466,246 1,920 3000 Fund balance at beginning of year 36,222,707 36,222,707 29,683,069 33,525,005 34,991,251 3000 FUND BALANCE AT END OF YEAR 36,222,707 29,683,069 33,525,005 34,991,251 34,993,171 10

Budget Adoption Food Service 2020-2021 Audited 2021-2022 Audited 2022-23 Audited 2023-24 Amended 2024-25 Proposed REVENUES Local & Intermediate Sources Revenues State Program Revenues Federal Program Revenues 5700 5800 5900 485,204 98,473 5,270,375 8% 2% 90% 607,448 54,214 8,970,311 6% 1% 93% 2,948,684 127,209 4,759,519 38% 2% 61% 2,952,000 185,000 4,304,407 40% 2% 58% 2,952,000 200,000 4,492,407 39% 3% 59% 5030 TOTAL REVENUES 5,854,052 9,631,973 7,835,412 7,441,407 7,644,407 EXPENDITURES Instruction 0012 Instructional Resource & Media Services 0013 Curriculum & Instructional Staff Development 0021 Instructional Leadership 0023 School Leadership 0031 Guidance, Counseling & Evaluation Services 0032 Social Work Services 0033 Health Services 0034 Student (Pupil) Transportation 0035 Food Services 0036 Cocurricular/Extracurricular Activities 0041 General Administration 0051 Plant Maintenance & Operations 0052 Security & Monitoring Services 0053 Data Processing Services 0061 Community Services 0071 Debt Service 0081 Facilities Acquisition & Construction 0093 Pymts to Fiscal Agent of Shared Svcs Arrangements 0011 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5,869,739 100% 0 0 0 0 0 0 0 0 0 7,326,847 100% 0 0 33,684 0 0 0 0 0 0 7,127,210 99% 8,159,701 98% 9,102,109 99% 0 0 0 0 0 0 0% 0% 44,635 1% 90,000 1% 99,606 1% 0 0 0 0 0 0 0 0 0 0 0 0 45,050 50,000 0 0 0 0 6050 TOTAL EXPENDITURES 5,869,739 7,360,531 7,216,895 8,299,701 9,201,715 1100 Excess/(Deficiency) of revenues over/(under) expenditures (15,687) 2,271,442 618,517 (858,294) (1,557,308) 7913 7915 8900 Proceeds from right-to-use assets Transfer in Other uses 11,985 11,985 0 0 0 116,805 15,267 0 0 0 0 0 0 0 0 Excess/(Deficiency) of other resources over other uses 23,970 0 116,805 15,267 0 1200 Excess/(Deficiency) of revenues & other resources over/(under) expenditures & other uses 8,283 2,271,442 735,322 (843,027) (1,557,308) 3000 Fund balance at beginning of year 0 0 2,271,442 3,006,764 2,163,737 3000 FUND BALANCE AT END OF YEAR 0 2,271,442 3,006,764 2,163,737 606,429 11

Budget Adoption Debt Service 2020-21 Audited 2021-22 Audited 2022-23 Audited 2023-24 Amended 2024-25 Proposed REVENUES Local & Intermediate Sources Revenues State Program Revenues Federal Program Revenues 5700 5800 5900 26,971,314 554,969 98% 2% 28,988,375 600,794 98% 2% 33,025,755 1,217,323 96% 33,970,700 4% 3,560,000 91% 9% 34,757,374 4,806,979 88% 12% 0 5030 TOTAL REVENUES 27,526,283 29,589,169 34,243,078 37,530,700 39,564,353 EXPENDITURES Instruction 0012 Instructional Resource & Media Services 0013 Curriculum & Instructional Staff Development 0021 Instructional Leadership 0023 School Leadership 0031 Guidance, Counseling & Evaluation Services 0032 Social Work Services 0033 Health Services 0034 Student (Pupil) Transportation 0035 Food Services 0036 Cocurricular/Extracurricular Activities 0041 General Administration 0051 Plant Maintenance & Operations 0052 Security & Monitoring Services 0053 Data Processing Services 0061 Community Services 0071 Debt Service 0081 Facilities Acquisition & Construction 0093 Pymts to Fiscal Agent of Shared Svcs Arrangements 0011 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22,615,896 100% 22,634,152 100% 39,700,088 100% 31,451,454 100% 0 0 22,030,728 100% 0 0 0 0 0 0 0 0 6050 TOTAL EXPENDITURES 22,615,896 22,634,152 39,700,088 31,451,454 22,030,728 1100 Excess/(Deficiency) of revenues over/(under) expenditures 4,910,387 6,955,017 (5,457,010) 6,079,246 17,533,625 7900 8900 Other resources Other uses 21,539,483 (21,653,912) 0 0 19,884,202 (19,933,063) 0 0 0 0 Excess/(Deficiency) of other resources over other uses (114,429) 0 (48,861) 0 0 1200 Excess/(Deficiency) of revenues & other resources over/(under) expenditures & other uses 4,795,958 6,955,017 (5,505,871) 6,079,246 17,533,625 3000 Fund balance at beginning of year 16,186,289 20,982,247 27,937,264 22,431,393 28,510,639 3000 FUND BALANCE AT END OF YEAR 20,982,247 27,937,264 22,431,393 28,510,639 46,044,264 12

Timeline Timeline 6/24/24 Board meeting to adopt budget 8/1/24 9/9/24 Tax Rate Adoption Certified Values due to TEA 7/25/24 Certified Values due from appraisal districts 8/5/24 Last day for TEA to provide MCR 13

Budget Amendment General Fund Campus & Departmental Reclassifications Additions and/or Deletions General Fund Account Description REVENUES Original Budget 6/14/2023 Amended Budget 4/22/2024 Amended Budget 6/24/2024 Fct See Below 00 00 00 Local State Federal TOTAL REVENUES EXPENDITURES 63,627,248 57,015,290 2,215,000 122,857,538 52,351,636 70,263,811 954,053 123,569,500 52,351,636 75,263,811 954,053 128,569,500 5,000,000 - 5,000,000 11 12 13 21 23 31 32 33 34 35 36 41 51 52 53 61 71 81 95 99 Instruction Instructional Resources Instructional Staff Development 68,483,166 1,360,414 1,526,832 2,455,830 7,812,920 4,964,316 209,648 1,751,746 4,102,786 50,000 4,578,798 3,323,805 14,114,802 2,983,761 4,002,717 12,980 68,475,432 1,357,731 1,506,837 2,466,043 7,818,694 4,968,313 209,648 1,754,046 4,207,786 50,000 4,638,339 3,327,205 14,695,585 2,844,761 3,817,717 9,133 200,000 (15,000) (210,000) (360,000) (75,000) 650,000 (75,000) 125,000 (56,500) (12,000) 80,000 (50,000) 1,000,000 (50,000) (1,100,000) (1,500) 5,300,000 129,714,254 (1,144,754) 73,975,432 1,342,731 1,296,837 2,106,043 7,743,694 5,618,313 134,648 1,879,046 4,151,286 38,000 4,718,339 3,277,205 15,695,585 2,794,761 2,717,717 7,633 1,350,000 Instructional Leadership School Leadership Guidance/Counseling Social Work Services Health Services Student (Pupil) Transportation Food Services Cocurricular/Extracurricular General Administration Plant Maintenance Security/Monitoring Services Data Processing Services Community Services Debt Service - Principal Facilities/Construction Payments to Juvenile Justice Other Intergovern. Charges TOTAL EXPENDITURES EXCESS REVENUE OR (EXPENDITURES) 0 0 0 0 1,350,000 - 1,000 915,984 1,000 915,984 1,000 865,984 (50,000) 122,651,505 123,064,254 - 6,650,000 (1,650,000) 206,033 505,246 - Reclassifications Reclassifications $ 200,000 FN 11 YE adjustments $ 80,000 FN 36 YE adjustments $ (15,000) FN 12 YE adjustments $ 1,000,000 FN 51 YE adjustments $ (210,000) FN 13 YE adjustments $ (50,000) FN 52 YE adjustments $ (36,000) FN 21 YE adjustments $ (1,100,000) FN 53 YE adjustments $ (75,000) FN 23 YE adjustments $ 1,500 FN 61 YE adjustments $ 650,000 FN 31 YE adjustments $ Additions/Deletions (50,000) FN 99 YE adjustments $ (75,000) FN 32 YE adjustments $ 125,000 FN 33 YE adjustments $ 5,300,000 FN 11 YE adjustments $ (56,500) FN 34 YE adjustments $ 1,350,000 FN 71 YE adjustments State YE adjustments 14 $ (12,000) FN 35 YE adjustments $ 5,000,000

Budget Amendment Food Service Campus & Departmental Reclassifications Additions and/or Deletions Food Service Account Description REVENUES Original Budget 6/14/2023 Amended Budget 6/14/2023 Amended Budget 6/24/2024 Fct See Below 00 00 00 00 Local State Federal Other Resources TOTAL REVENUES EXPENDITURES 7,531,407 2,952,000 125,000 4,454,407 2,952,000 125,000 4,454,407 2,952,000 185,000 4,304,407 60,000 (150,000) - - 7,531,407 - (90,000) 7,441,407 11 12 13 21 23 31 32 33 34 35 36 41 51 52 53 61 71 81 95 99 Instruction Instructional Resources Instructional Staff Development - - - - - - - - - Instructional Leadership School Leadership Guidance/Counseling Social Work Services Health Services Student (Pupil) Transportation Food Services Cocurricular/Extracurricular General Administration Plant Maintenance Security/Monitoring Services Data Processing Services Community Services Debt Service - Principal Facilities/Construction Payments to Juvenile Justice Other Intergovern. Charges TOTAL EXPENDITURES EXCESS REVENUE OR (EXPENDITURES) 8,859,701 8,859,701 (100,000) (600,000) 8,159,701 - - 40,000 40,000 50,000 90,000 - - - 50,000 50,000 - - - 8,899,701 (1,368,294) 8,899,701 (1,368,294) - (600,000) 510,000 8,299,701 (858,294) - Additions/Reclassifications Additions/Reclassifications FN 35 to 51 - Utilities/Repairs FN 35 to 51 - GASB 87/96 FN 35 - YE adjustments Local YE adjustments State YE adjustments $ 50,000 $ 60,000 $ 50,000 $ (150,000) $ (600,000) 15

Budget Amendment Debt Service Campus & Departmental Reclassifications Additions and/or Deletions Debt Service Account Description REVENUES Original Budget 6/14/2023 Amended Budget 6/14/2023 Amended Budget 6/24/2024 Fct See Below 00 00 00 00 Local State Federal Other Resources TOTAL REVENUES EXPENDITURES 34,820,700 34,820,700 500,000 (850,000) 3,060,000 33,970,700 3,560,000 500,000 - - 35,320,700 - 35,320,700 - 2,210,000 37,530,700 11 12 13 21 23 31 32 33 34 35 36 41 51 52 53 61 71 81 95 99 Instruction Instructional Resources Instructional Staff Development - - - - - - - - - - - - - - - - Instructional Leadership School Leadership Guidance/Counseling Social Work Services Health Services Student (Pupil) Transportation Food Services Cocurricular/Extracurricular General Administration Plant Maintenance Security/Monitoring Services Data Processing Services Community Services Debt Service Facilities/Construction Payments to Juvenile Justice Other Intergovern. Charges TOTAL EXPENDITURES EXCESS REVENUE OR (EXPENDITURES) 31,451,454 31,451,454 - 31,451,454 - - - 31,451,454 3,869,246 31,451,454 3,869,246 - 2,210,000 - 31,451,454 6,079,246 - Additions/Deletions Local YE adjustments State YE adjustments $ (850,000) $ 3,060,000 16