School District 2022-2023 Budget Adoption and Financial Trends

2022-2023 Budget Adoption June 13, 2022

Wrapping up 2021-2022 Revenue 2021-22 Revised Budget 2021-22 Estimated Finish Local 58,067,999 58,457,119 State 59,439,498 56,992,807 Federal 1,920,000 2,349,190 Total 119,427,497 117,799,116 Expenses 2021-22 Revised Budget 2020-21 Estimated Finish Payroll 91,415,803 92,212,534 Contracted Services 13,821,781 11,940,114 Supplies 3,877,771 3,581,627 Misc. Operating 2,934,947 2,802,439 Debt Service 112,408 1,901,954 Capital Outlay 204,739 203,781 Total 112,367,449 112,642,449 Excess/Deficit 7,060,048 5,156,667

Fund Balance Summary General Fund General Fund Beginning Fund Balance 36,222,707 2021-22 Total Excess 5,156,667 Resolution to Transfer to Capital Projects/GASB 87 (11,696,305) Estimated Fund Balance as of June 30, 2022 29,683,069 Net Change (6,539,638)

Tax Rate Trend Tax Rates $1.70 $1.67 1.67 $1.65 $1.60 1.5684 1.5383 $1.55 1.4946 $1.50 1.4653 $1.45 $1.40 $1.35 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 Predicted

Property Value Trend Property Values $7,000,000,000 6,348,578,558 5,796,256,292 $6,000,000,000 5,380,561,828 5,080,405,853 10% $5,000,000,000 4,545,915,174 6% 8% $4,000,000,000 $3,000,000,000 $2,000,000,000 $1,000,000,000 $- 2018-19 2019-20 2020-21 2021-22 2022-23 (Prelim)

Local Revenue April 2021 Preliminary Taxable Value Johnson County - $3,771,725,925 Tarrant County - $2,009,601,692 July 2021 Certified Taxable Value Johnson County - $3,814,810,686 Tarrant County - $1,981,445,606 April 2022 Preliminary Taxable Value Johnson County - $4,111,261,316 8% growth Tarrant County $2,237,317,242 13% growth

Enrollment/ADA Trend Enrollment/ADA Trend Enrollment Trend 14,000 96.5% 96.0% 13,500 95.5% 13,000 95.0% 12,500 94.5% 12,000 94.0% 11,500 93.5% 11,000 93.0% 10,500 92.5% 10,000 92.0% 2017-2018 2018-2019 2019-2020 2020-2021 2021-22 Enrollment ADA %

Budget Considerations Payroll New Teacher/Nurse Matrix Beginning Pay $58,000 4%+ increase Non-Teacher 3% of midpoint Adjustments as needed

Teacher/Nurse Matrix Year 0-Year Salary 5-Year Salary 10-Year Salary 15-Year Salary 20-Year Salary 25-Year Salary 2022- 2023 58,000 60,052 62,039 64,113 66,057 68,298 2021- 2022 56,800 57,298 59,540 61,214 63,752 66,128

Accelerated Education The Texas Education Code requires a school district to provide each student who fails to perform satisfactorily on an End of Course assessment with accelerated instruction in the applicable subject area. Legislature in 2013 has emphasized this amount be included separately in the adopted budget. HB 5, 83rdTexas Amount to Approve $296,350

General Fund Revenue 2022-23 Proposed Local 60,491,136 State 57,512,164 Federal 2,440,000 Total 120,443,300 Expenses 2022-23 Proposed Payroll 96,568,939 Cont. Services 13,819,029 Supplies 4,603,695 Misc. Operating 3,305,620 Debt Service 112,408 Capital Outlay 108,146 Total 118,517,837 Excess/Deficit 1,925,463

Food Service Revenue 2021-22 Revised Budget 2021-22 Estimated Finish 2022-23 Proposed Local 650,000 592,541 3,025,000 State 135,000 74,485 125,000 Federal 7,826,240 8,925,797 3,500,000 Total 8,611,240 9,592,823 6,650,000 Expenses 2021-22 Revised Budget 2021-22 Estimated Finish 2022-23 Proposed Food Service (35) 7,046,085 7,505,738 8,234,232 Operations (51) 35,000 35,000 35,000 Total 7,081,085 7,540,738 8,269,232 Excess/Deficit 1,530,155 2,052,085 (1,619,232) Fund Balance may not exceed three months operational expenses. Fund balance will be used on new equipment and upgrades software.

Debt Service Revenue 2021-22 Original Budget 2021-22 Estimated Finish 2022-23 Proposed Local 28,506,638 28,924,322 30,885,154 State 431,809 455,571 493,759 Total 28,938,447 29,379,893 31,378,913 Expenses 2021-22 Original Budget 2021-22 Estimated Finish 2022-23 Proposed Debt Service 22,887,204 22,634,153 23,012,516 Total 22,887,204 22,634,153 23,012,516 Excess/Deficit 6,051,243 6,745,740 8,366,397

Fiscal Cliff

Questions?

General Fund BURLESON INDEPENDENT SCHOOL DISTRICT PROPOSED 2022-2023 BUDGET GENERAL OPERATING STATEMENT OF REVENUES, EXPENDITURES AND FUND BALANCE ENDING JUNE 30th FOR A FIVE YEAR PERIOD June 13, 2022 2018-19 Audited 2019-20 Audited 2020-21 Audited 2021-22 Amended 2022-23 Proposed REVENUES Total Local & Intermediate Revenues State Program Revenues Federal Program Revenues 5700 5800 5900 54,599,247 50,897,675 2,370,606 51% 47% 2% 55,351,905 64,239,002 890,689 46% 53% 1% 56,680,239 61,014,626 2,000,317 47% 51% 2% 58,457,119 56,992,807 2,349,190 50% 48% 2% 60,491,136 57,512,164 2,440,000 50% 48% 2% 5030 TOTAL REVENUES 107,867,528 120,481,596 119,695,182 117,799,116 120,443,300 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 0095 Pymts to Juvenile Justice Alternative Ed. 0099 Pymts to Johnson Co. Appraisal Dist. 0011 57,562,917 1,172,134 1,634,007 1,669,182 6,254,815 4,116,154 104,419 1,230,636 3,065,297 67,426 3,243,564 2,781,770 9,217,177 562,808 2,420,182 60% 1% 2% 2% 6% 4% 0% 1% 3% 0% 3% 3% 10% 1% 3% 0% 0% 1% 0% 1% 63,725,005 1,265,805 1,556,819 1,655,224 6,977,445 4,087,369 172,147 1,400,285 2,894,233 74,647 3,512,890 3,063,222 10,427,512 621,661 3,085,558 60% 1% 1% 2% 7% 4% 0% 1% 3% 0% 3% 3% 10% 1% 3% 0% 0% 1% 0% 1% 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% 1% 63,831,573 1,254,690 1,611,616 1,822,832 6,777,222 4,927,549 185,267 1,799,912 3,485,838 57% 1% 1% 2% 6% 4% 0% 2% 3% 0% 4% 3% 11% 1% 3% 0% 2% 0% 0% 1% 69,039,928 1,293,956 1,658,200 1,850,841 7,564,677 5,106,916 245,756 1,700,417 3,908,225 50,000 4,361,100 3,071,419 12,734,780 1,242,798 3,709,478 10,120 112,408 58% 1% 1% 2% 6% 4% 0% 1% 3% 0% 4% 3% 11% 1% 3% 0% 0% 0% 0% 1% 5,000 4,131,513 3,024,796 12,801,467 879,242 3,186,366 128,776 1,912,408 34,700 63,263 112,322 545,147 0 503,374 2,322 771,182 0 0 0 0 0 3,500 872,882 1,000 855,818 794,109 820,737 6050 TOTAL EXPENDITURES 96,414,066 106,034,663 106,605,587 112,642,449 118,517,837 1100 Excess/(Deficiency) of revenues over/(under) expenditures 11,453,462 14,446,933 13,089,595 5,156,667 1,925,463 7913 8900 8911 Proceeds from Capital Lease Other uses Transfer Out 545,147 - 202,800 - (8,867,661) 0 0 0 (6,937,298) (13,089,595) (11,899,105) Excess/(Deficiency) of other resources over other uses (8,867,661) (6,392,151) (13,089,595) (11,696,305) 0 1200 Excess/(Deficiency) of revenues & other resources over/(under) expenditures & other uses 2,585,801 8,054,782 0 (6,539,638) 1,925,463 3000 Fund balance at beginning of year 25,582,124 28,167,925 36,222,707 36,222,707 29,683,069 3000 FUND BALANCE AT END OF YEAR 28,167,925 36,222,707 36,222,707 29,683,069 31,608,532

Food Service BURLESON INDEPENDENT SCHOOL DISTRICT PROPOSED 2022-2023 BUDGET FOOD SERVICE STATEMENT OF REVENUES, EXPENDITURES AND FUND BALANCE ENDING JUNE 30th FOR A FIVE YEAR PERIOD June 13, 2022 2018-2019 Audited 2019-2020 Audited 2020-2021 Audited 2021-2022 Amended 2022-2023 Proposed REVENUES Local & Intermediate Sources Revenues State Program Revenues Federal Program Revenues 5700 5800 5900 2,950,100 140,047 3,194,933 47% 2% 51% 2,391,426 184,440 3,026,820 43% 3% 54% 485,204 98,473 5,270,375 8% 2% 90% 592,541 74,485 8,925,797 6% 1% 93% 3,025,000 125,000 3,500,000 45% 2% 53% 5030 TOTAL REVENUES 6,285,080 5,602,686 5,854,052 9,592,823 6,650,000 EXPENDITURES Instruction Instructional Resource & Media Services Curriculum & Instructional Staff Development Instructional Leadership School Leadership Guidance, Counseling & Evaluation Services Social Work Services Health Services Student (Pupil) Transportation Food Services Cocurricular/Extracurricular Activities General Administration Plant Maintenance & Operations Security & Monitoring Services Data Processing Services Community Services Debt Service Facilities Acquisition & Construction Pymts to Fiscal Agent of Shared Svcs Arrangements 0011 0012 0013 0021 0023 0031 0032 0033 0034 0035 0036 0041 0051 0052 0053 0061 0071 0081 0093 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 6,123,457 100% 6,304,262 100% 5,869,739 100% 7,505,738 100% 8,234,232 100% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 30,739 0% 0% 0% 35,000 0% 35,000 0% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6050 TOTAL EXPENDITURES 6,154,196 6,304,262 5,869,739 7,540,738 8,269,232 1100 Excess/(Deficiency) of revenues over/(under) expenditures 130,884 (701,576) (15,687) 2,052,085 (1,619,232) 7915 8900 Transfers in Other uses 0 0 375,761 11,985 0 0 0 0 0 0 Excess/(Deficiency) of other resources over other uses 0 375,761 11,985 0 0 1200 Excess/(Deficiency) of revenues & other resources over/(under) expenditures & other uses 130,884 (325,815) (3,702) 2,052,085 (1,619,232) 3000 Fund balance at beginning of year 198,633 329,517 3,702 0 2,052,085 3000 FUND BALANCE AT END OF YEAR 329,517 3,702 0 2,052,085 432,853

Debt Service BURLESON INDEPENDENT SCHOOL DISTRICT PROPOSED 2022-2023 BUDGET DEBT SERVICE STATEMENT OF REVENUES, EXPENDITURES AND FUND BALANCE ENDING JUNE 30th FOR A FIVE YEAR PERIOD June 13, 2022 2018-2019 Audited 2019-20 Audited 2020-21 Audited 2021-22 Amended 2022-23 Proposed REVENUES Local & Intermediate Sources Revenues State Program Revenues Federal Program Revenues 5700 5800 5900 22,792,507 704,674 97% 3% 25,279,463 660,558 97% 3% 26,971,314 554,969 98% 2% 28,924,322 455,571 98% 2% 30,885,154 493,759 98% 2% 0 0 0 0 0 5030 TOTAL REVENUES 23,497,181 25,940,021 27,526,283 29,379,893 31,378,913 EXPENDITURES Instruction Instructional Resource & Media Services Curriculum & Instructional Staff Development Instructional Leadership School Leadership Guidance, Counseling & Evaluation Services Social Work Services Health Services Student (Pupil) Transportation Food Services Cocurricular/Extracurricular Activities General Administration Plant Maintenance & Operations Security & Monitoring Services Data Processing Services Community Services Debt Service Facilities Acquisition & Construction Pymts to Fiscal Agent of Shared Svcs Arrangements 0011 0012 0013 0021 0023 0031 0032 0033 0034 0035 0036 0041 0051 0052 0053 0061 0071 0081 0093 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 28,842,111 100% 29,471,015 100% 22,615,896 100% 22,634,153 100% 23,012,516 100% 0 0 0 0 0 0 0 0 0 0 6050 TOTAL EXPENDITURES 28,842,111 29,471,015 22,615,896 22,634,153 23,012,516 1100 Excess/(Deficiency) of revenues over/(under) expenditures (5,344,930) (3,530,994) 4,910,387 6,745,740 8,366,397 7900 8900 Other resources Other uses 5,500,000 23,827,009 (20,389,800) 21,539,483 (21,653,912) 0 0 0 0 0 Excess/(Deficiency) of other resources over other uses 5,500,000 3,437,209 (114,429) 0 0 1200 Excess/(Deficiency) of revenues & other resources over/(under) expenditures & other uses 155,070 (93,785) 4,795,958 6,745,740 8,366,397 3000 Fund balance at beginning of year 16,125,004 16,280,074 16,186,289 20,982,247 27,727,987 3000 FUND BALANCE AT END OF YEAR 16,280,074 16,186,289 20,982,247 27,727,987 36,094,384

Requisitions Over $25,000 Vendor Outfront Media Description Advertising for 2022-23 Tuition (Fall Semester) Participation Fee for Student Spaceflight Experiments Program for 2022-23 Amount $37,000 Fund 199 Hill College $150,000 199 SSEP $27,000 199

General Fund Amendment Campus & Departmental Reclassifications Additions and/or Deletions Original Budget Amended Budget 6/14/2021 Amended Budget 6/13/2022 Fct Account Description REVENUES 5/9/2022 See Below 00 00 00 00 Local State Federal Other Resources TOTAL REVENUES EXPENDITURES 58,067,999 61,939,498 1,920,000 121,927,497 119,427,497 58,067,999 59,439,498 1,920,000 389,120 (2,446,691) 429,190 117,799,116 58,457,119 56,992,807 2,349,190 - - - (1,628,381) 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 69,274,880 1,314,153 1,742,562 1,818,724 5,870,041 5,451,765 185,267 1,634,134 3,355,838 100,000 3,917,142 3,199,796 11,704,473 969,742 3,186,366 153,776 112,408 66,856,573 1,314,690 1,701,616 1,822,832 5,867,222 5,217,549 185,267 1,589,912 3,485,838 100,000 3,916,513 3,199,796 11,811,467 969,242 3,186,366 153,776 112,408 (3,025,000) (60,000) (90,000) 112,642,449 63,831,573 1,254,690 1,611,616 1,822,832 6,777,222 4,927,549 185,267 1,799,912 3,485,838 5,000 4,131,513 3,024,796 12,801,467 879,242 3,186,366 128,776 1,912,408 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) 910,000 (290,000) 210,000 (95,000) 215,000 (175,000) 990,000 (90,000) (25,000) 1,800,000 0 0 - 3,500 872,882 3,500 872,882 3,500 872,882 114,867,449 7,060,048 112,367,449 7,060,048 275,000 (275,000) (1,628,381) - 5,156,667 Reclassifications Reclassifications (3,025,000) $ (60,000) $ (90,000) $ 910,000 $ (290,000) $ 210,000 $ (95,000) $ 215,000 $ (175,000) $ 990,000 $ FN 11 YE adjustments FN 12 YE adjustments FN 13 YE adjustments FN 23 YE adjustments FN 31 YE adjustments FN 33 YE adjustments FN 35 YE adjustments FN 36 YE adjustments FN 41 YE adjustments FN 51 YE adjustments $ $ $ (90,000) (25,000) 1,800,000 FN 52 YE adjustments FN 61 YE adjustments FN 71 YE adjustments Additions/Deletions Local YE adjustments State YE adjustments Federal YE adjustments $ $ $ 389,120 (2,246,691) 429,190

Food Service Amendment Campus & Departmental Reclassifications Additions and/or Deletions Original Budget Amended Budget 6/14/2021 Amended Budget 6/13/2022 Fct Account Description REVENUES 3/28/2022 See Below 00 00 00 00 Local State Federal Other Resources TOTAL REVENUES EXPENDITURES 6,547,453 1,000,000 135,000 5,412,453 650,000 135,000 7,826,240 (57,459) (60,515) 1,099,557 592,541 74,485 8,925,797 - - 8,611,240 - 981,583 9,592,823 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) 6,509,677 7,046,085 459,653 7,505,738 - - 35,000 35,000 35,000 - - - - - - - 6,544,677 2,776 7,081,085 1,530,155 - 459,653 521,930 7,540,738 2,052,085 - Additions/Deletions Local YE adjustments State YE adjustments Federal YE adjustments FN 35 YE adjustments (57,459) (60,515) 1,099,557 $ 459,653 $ $ $

Debt Service Amendment Campus & Departmental Reclassifications Additions and/or Deletions Original Budget Amended Budget 6/14/2021 Amended Budget 6/13/2022 Fct Account Description REVENUES See Below 00 00 00 00 Local State Federal Other Resources TOTAL REVENUES EXPENDITURES 28,506,638 431,809 28,938,447 417,684 23,762 28,924,322 455,571 - - - - - - 441,446 29,379,893 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) 22,887,204 (253,051) 22,634,153 - - - 22,887,204 6,051,243 - - - (253,051) 694,497 22,634,153 6,745,740 - Additions/Deletions Local YE adjustments Federal YE adjustments FN 71 YE adjustments $ $ $ 417,684 23,762 (253,051)