Budget Parameters 2019 - 2020 School Year January 31, 2019

Learning is influenced by environment. Core Beliefs Kids come first. Continuous learning is essential to prepare for college and career opportunities. Each student’s success is the shared responsibility of students, families, schools and communities. Learning is influenced by environment.

Vision Northwest ISD empowers learners and leaders to positively impact the world.

Mission Statement Northwest ISD, in collaboration with students, families, communities, and global partners, will engage in a culture of learning that prepares all students to confidently navigate their future.

Strategic Goals Goal I Students will achieve success through meaningful learning experiences, innovative pathways, and personalized opportunities. Goal II Northwest ISD will recruit, value, and retain an exceptional staff to create a rewarding learning environment. Goal III Northwest ISD will create and foster an environment where all stakeholders are engaged in the transformational work of the NISD family.

Assessed Value of Taxable Property Budget Parameters Revenue Assumptions Student Enrollment Assessed Value of Taxable Property CPTD Index Value 86th Texas Legislature

Budget Parameters Expenditure Assumptions Student Enrollment Class Size Ratios Campus Staffing Formulas Fiscal Sustainability / Fund Balance

Northwest ISD General Fund Budget Looking Back Year Current Expenditures Enrollment Revenues Over /Under Expenditures 2013-2014 $141,130,355 18,893 $ 11,668,103 2014-2015 $155,714,477 19,760 $ 2,933,823 2015-2016 $169,856,645 20,900 $ 782,374 2016-2017 $183,602,010 21,964 $ 3,282,999 2017-2018 $193,397,230 23,163 $ 3,954,256 2018-2019 $215,409,191 24,177 $ 6,607,307

Northwest ISD General Fund Budget Five-Year Financial Forecast Current Expenditures Enrollment Chapter 41 Recapture Fund Balance Required 2018-2019 $215,409,191 24,177 $ 4,228,736 $ 7,454,884 2019-2020 $221,718,773 25,324 $26,903,293 $22,524,712 2020-2021 $233,083,676 26,710 $39,393,238 $20,822,933 2021-2022 $245,081,871 28,187 $51,676,716 $27,715,515 2022-2023 $257,164,849 29,557 $64,609,886 $26,641,902 2023-2024 $269,153,140 30,916 $77,161,102 $35,254,026

Budget Calendar Budget Planning Budget Preparation Executive Cabinet Budget Review Board of Trustee Budget Review Budget Adoption Tax Rate Adoption Budget Amendments CAFR

86th Texas Legislature

Tax Ratification Election Texas law requires school districts to calculate two tax rates – the effective tax rate and the rollback rate – after the district receives the certified appraisal roll or certified estimate of taxable value from the chief appraiser. Generally, if a school district adopts a tax rate above its rollback tax rate, it must hold an election to ratify that rate.