Columbia-Brazoria ISD Schools FIRST Report Texas Education Agency’s Financial Integrity Rating System of Texas October 17, 2017

(based on 2015-2016 financial information) CBISD 2017 Rating Passed! (based on 2015-2016 financial information) Determined by answers and scores given on 15 indicators: A (Superior) = 90-100 B (Above Standard) = 80-89 C (Meets Standard) = 60-79 F (Substandard Achievement) = <60 or No on default indicators http://www.tea.state.tx.us/index4.aspx?id=3864

15 INDICATORS 1. Audited Financial Report and data submitted within 30 days of deadline? Yes - Audited Financial Reports and data filed 11/17/16 2. Unmodified Opinion on Annual Financial Report and free of any material weaknesses in internal controls over financial reporting and compliance for local, state, or federal funds? Yes – Unmodified (Clean) Audit Opinion Yes – Free of Material Weaknesses

15 INDICATORS (continued) Was the district in compliance with payment terms of all debt agreements? Yes - District made all bond payments 4. Did the District make timely payments to the TRS, TWC and IRS? Yes - District made timely payments 5. Total Unrestricted Net Asset balance in Statement of Net Assets > 0? Yes – $7,583,850 6. Cash on hand sufficient to cover operating expenditures? Yes – 135 days vs. 90 days Standard 10 points

15 INDICATORS (continued) 7. Current assets to current liabilities ratio sufficient to cover short-term debt? Yes – 2.47 vs. 2.00 Standard 6 points out of 10 possible points >=3.00 equals 10 points <3.00 >=2.50 equals 8 points 8. Long-term liabilities to total assets sufficient to support long-term solvency? Yes – 0.56 is less than 0.60 Standard 10 points

15 INDICATORS (continued) 9. General Fund revenues equal or exceed expenditures or is there over 60 days of cash on hand? Yes – greater than 60 days of cash 10 points 10. Debt Service coverage ratio sufficient to meet the required debt service? Yes – 1.12 vs. 1.10 Standard 6 points out of a possible 10 points >=1.20 equals 10 points <1.20 >=1.15 equals 8 points

15 INDICATORS (continued) 11. Administrative cost ratio equal to or less than the threshold ratio? Yes – 0.082 is less than 0.115 Standard 10 points 12. District did not have a 15% decline in the students to staff ratio over 3 years? Yes – District did not have 15% decline

15 INDICATORS (continued) 13. PEIMS data similar to the District’s AFR result in a total variance of less than 3% of all expenditures by function? Yes – variance is less than 3% 10 points 14. District free of material noncompliance for grants, contracts, and laws related to local, state, or federal funds? Yes - free of material noncompliance

15 INDICATORS (continued) 15. District did not receive an adjusted repayment schedule for more than one fiscal year for an over allocation of Foundation School Program funds as a result of a financial hardship? Yes – did not receive an adjusted repayment schedule 10 points

Columbia-Brazoria ISD PASSING RATING OF SUPERIOR 92 points out of 100 total points

(based on 2014-2015 financial information) CBISD 2016 Rating Superior Achievement! (based on 2014-2015 financial information) Determined by score given on 15 Indicators A (Superior) = 90-100 B (Above Standard) = 80-89 C (Meets Standard) = 60-79 F (Substandard Achievement) = <60 or No on default indicators http://www.tea.state.tx.us/index4.aspx?id=3864

100 points out of 100 total points CBISD 2016 Rating PASSING RATING 100 points out of 100 total points

Reimbursements Received by the Superintendent and Board Members For the Twelve-Month Period Ended June 30, 2017 Board Members Description of Reimbursements Supt. Steven Galloway Jonathan Becky Linda Wendy Matt John Nick Champagne Danford Huebner Monical Damborsky Vernor Kondra Meals $ 550.43 $ - $ 14.00 $ 26.79 $ 11.00 $ 24.88 Lodging $ 5,629.63 $ 648.00 $ 630.67 $ 630.68 $ 697.80 Transportation $ 668.41 Mileage/Motor Fuel $ 737.32 Other $ 385.25 Total $ 7,971.04 $ 662.00 $ 674.79 $ 641.68 $ 722.68

For the Twelve-Month Period Outside Compensation and/or Fees Received by the Superintendent for Professional Consulting and/or Other Personal Services For the Twelve-Month Period Ended June 30,2017 Name(s) of Entity(ies) Amount Received NONE $ -   Total $0.00

Gifts Received by Executive Officers and Board Members (and First Degree Relatives, if any) (gifts that had an economic value of $250 or more in the aggregate in the fiscal year) For the Twelve-Month Period Ended June 30, 2017 Board Members Supt Steven Galloway Jonathan Becky Linda Wendy Matt John Nick Champagne Danford Huebner Monical Damborsky Vernor Kondra Total $ - $ - $ - $ -

Business Transactions Between School District and Board Members For the 12 Month Period Ended June 30,2017 Board Members Jonathan Becky Linda Wendy Matt John Nick Champagne Danford Huebner Monical Damborsky Vernor Kondra Amounts $ 1,092.93 $ - $ 957.00 $ - $ - $ -