1. Public Meeting to Discuss Budget and Proposed Tax Rate “Committed to Excellence”
August 23, 2016
The Best in Texas: Building Excellence, Pride, & Tradition

2. Budget & Proposed Tax Rate
Overview
2016 Certified Values for Winkler & Loving Counties
Tax Rate
Budget Comparison
Bond Indebtedness
Fund balance
Comparison of Proposed Rates
Comparison of Proposed Levy
Fund Balances

3. Financial Overview/Forecast 2016 WLISD Projected Values
Loving County Certified (2015) $1,083,696,880
Loving County Certified (2016) $1,287,649,180
Difference $ 203,952,300
Winkler County Certified (2015) $ 443,405,034
Winkler County Certified (2016) $ 358,398,749
Difference $ ,006,285
Total Difference for Both $ 118,946,015
X Tax Rate $1.32/ x.0132
Difference in Value $ ,570,087
Total Taxable Combined $1,646,047,929
2015 LEVY $ ,157,745
2016 LEVY $ ,727,832
$ ,570,087

4. Revenue/State Aide Overview
Estimated Expenditures
Foundation School Fund (199/5812) $ 2,417,329
M&O Tax Collection $ 17,118,898
TOTAL State & Local $ 19,536,227
Recapture (91) $ 10,674,423 (54.6%)
NET TOTAL STATE/LOCAL M/o Rev. $ 8,861,804
Payroll (6100) Including Benefits/Ins. $ 5,802,654 (65.4%)
$ 3,059,150
Debt Service Payment $ 3,173,225

5. Comparison of Proposed Rates With Last Year’s Rates
Recommended Tax Rate
Comparison of Proposed Rates With Last Year’s Rates
M&O I&S TOTAL
Last Year’s Rate $ $ $1.32
Rate to Maintain Same Level
Of Maintenance & Operation
Revenues & Pay Debt Service $ $ $
Proposed Rate $ $ $1.32