1. Budget Parameters
School Year
January 31, 2019

2. 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.

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

4. 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.

5. 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.

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

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

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

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

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

15. 86th Texas Legislature

16. 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.