1. FINANCIAL STATEMENTS Conroe Independent School District As of October 31, 2015

2. BALANCE SHEET AS OF OCTOBER 31, 2015 General FundDebt Service FundChild NutritionSelf Funded Assets Cash and Investments154,270,20434,565,5252,867,7475,193,039 Property Taxes312,904,83072,011,597-- Allowance For Uncollectable Taxes(1,397,327)(274,317)-- Inventories1,734,515-521,404- Other14,030-1,271,694- Total Assets467,526,252106,302,8054,660,8455,193,039 Liabilities Accounts payable329,423-133,5074,368,735 Payroll Deductions & Withholding Payable7,258,966--- Deferred Revenue310,806,38171,576,013622,854- Other5,941--- Total Liabilities318,400,71171,576,013766,3614,368,735 Fund Balances Nonspendable: Inventory1,734,515-521,404- Restricted for: Food Service Operations--3,383,080- Debt Service-34,726,792-- Committed:---824,304 Assigned:12,234,259--- Unassigned:135,156,767--- Total Fund Balances149,125,54134,726,7923,904,484824,304 Total Liabilities & Fund Balances467,526,252106,302,8054,660,8455,193,039 Conroe Independent School District $$$$ $$$$ $$$$ $$$$

3. INCOME STATEMENT AS OF OCTOBER 31, 2015 General FundDebt Service FundChild NutritionSelf Funded Revenues Local & Intermediate Sources3,556,331881,2781,669,7566,873,465 State Program Revenues83,972,775--- Federal Program Revenues112,983-2,481,414- Total Revenues87,642,089881,2784,151,1706,873,465 Total Expenditures 60,266,310-2,875,1006,501,881 Excess of Revenues Over(Under) Expenditures27,375,779881,2781,276,070371,584 Other (Uses), Sources---- Fund Balance September 1, 2015121,749,76233,845,5142,628,414452,720 Fund Balance October 31, 2015149,125,54134,726,7923,904,484824,304 Conroe Independent School District $$$$ $$$$

4. BOND TRANSITION PLAN Conroe Independent School District Project Description Plan Amount Funds Expended & Encumbered Estimate to CompleteProject Forecast Variance Favorable (Unfavorable) Expected Completion % Complete Patterson PK-4 Elem 6813-1282,000,0001,995,9264,0742,000,0000Aug 14100% Stewart PK-6 Elem 6813-1302,000,0001,943,42256,5782,000,0000Aug 14100% ORHS #2 Land Purchase 0167,000,000432,7036,567,2977,000,0000Aug 146% OR PK-6 Land Purchase2,000,00056,8211,943,1792,000,0000Aug 143% Other Land Purchases2,000,000106,3841,893,6162,000,0000Aug 155% Travis Int Renovations 0703,000,0003,678,199121,8013,800,000(800,000)Aug 14100% OR Road Improvements 0055,000,0005,182,949117,0515,300,000(300,000)Aug 14100% OR 9th Addition 6990-00517,000,00016,111,377888,62317,000,0000Aug 15100% Vogel Int Addition 0693,000,0003,196,042178,9583,375,000(375,000)Aug 15100% ORHS #2 Design4,000,0003,993,9776,0234,000,0000Aug 1550% Life Cycle34,247,50034,089,663157,83734,247,5000Aug 16100% Technology18,924,0009,151,9329,772,06818,924,0000Aug 1648% New Buses3,900,0004,031,1090 (131,109)Aug 16100% Totals104,071,50083,970,50421,707,105105,677,609(1,606,109) Contingency4,928,500 3,322,391 Grand Total109,000,000 School Bonds Sold527,000,000 Balance to Sell0

5. SELF FUNDED INSURANCE Conroe Independent School District Total15-16 September 15October 152015-2016Average Revenues Premiums: District $ 2,139,144 $ 2,158,832 $ 4,297,976 $ 2,148,988 Employee 1,137,936 1,185,387 2,323,323 1,161,662 Interest 47 155 202 101 Total Revenues 3,277,127 3,344,374 6,621,501 3,310,751 Expenses Claims 2,869,664 2,976,741 5,846,405 $ 2,923,203 Admin/Stop Loss /Clinic 297,614 314,236 611,850 305,925 Total Expenses 3,167,278 3,290,977 $ 6,458,255 3,229,128 Revenues Over (Under) Expenses $ 109,849 $ 53,397 $ 163,246 $ 81,623 Conroe ISD Wellness Centers Oak Ridge 481 547 1,028 514 Conroe 171 168 339 170 Total 652 715 1,367 684

6. INVESTMENTS AS OF OCTOBER 31, 2015 Par Value 09/30/15 – $ 239,015,168 Conroe Independent School District Par Value 10/31/15 – $ 217,028,086 Yield to Maturity of 90 day t-bill.083% WAM of Portfolio 153 Days (Yield.3729) WAM Pools & Capital One 1 Day (Yield.207) WAM Investments < 1 Year 238 Days (Yield.4811) WAM Long Term Investments 759 Days (Yield 1.0146)

8. General FundDebt Service Fund Current Tax Roll280,056,92164,628,520 Current Taxes Collected To Date (275,765,079)(63,638,095) Delinquent Tax Roll5,898,8391,483,938 Delinquent Taxes Collected To Date (1,768,135)(280,997) Taxes Receivable8,422,5462,193,366 PROPERTY TAXES AS OF MAY 31 2015 ***NOT UPDATED*** Conroe Independent School District

9. EXPENDITURES AS OF OCTOBER 31, 2015 General FundDebt Service FundChild NutritionSelf Funded Instruction37,826,487--- Instructional Resources & Media Service754,625--- Curriculum & Instructional Staff Development452,382--- Instructional Administration568,112--- School Administration4,108,609--- Guidance & Counseling1,907,515--- Social Work Services85,588--- Health Services698,685--- Student(Pupil) Transportation3,623,490--- Food Services--2,875,100- Cocurricular/Extracurricular Activities1,764,000--- General Administration1,289,057--6,501,881 Plant Maintenance & Operations4,724,221--- Security & Monitoring Services721,257--- Data Processing Services908,982--- Anciliary Services3,291--- Debt Service---- Facilities Acquisition & Construction107,752--- Other Intergovernmental Charges722,257--- Total Expenditures60,266,310-2,875,1006,501,881 $$$$ $$$$

10. CASH General FundDebt Service FundChild NutritionSelf Funded Cash on Hand13,300-16,175- Bank Deposits142,859843,703705,5243,816,111 External Pooled Funds53,380,06833,721,8222,146,0481,376,928 Capital One-Now Account42,587,580--- Investments < 1 Year26,248,000 Long Term Investments31,898,397--- Total Cash154,270,20434,565,5252,867,7475,193,039 Conroe Independent School District $ $$ $ $$$$

11. REVENUES-LOCAL & INTERMEDIATE SOURCES General FundDebt Service FundFood ServiceSelf -Funded Property Taxes2,423,455837,531-- Penalties, Interest, and Other Tax Related Income 167,83933,015 - - Summer School Tuition & Fees 35,577--- Investment Income-10,732684202 Food Sales - - 1,669,052- Co-Curricular Student Activities 431,050--- Building Rental223,248 - -- Premium Contributions- - -6,873,263 Other275,162 - -- Total3,556,331881,2781,669,7566,873,465 Conroe Independent School District $ $ $ $ $ $ $ $