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Financial Transparency

Northwest ISD is committed to transparency and strives to provide taxpayers with clear, relevant financial information. Northwest ISD has been awarded the Traditional Finances Star for exemplary efforts in creating financial transparency around public services and spending decisions. These efforts provide citizens with clear, consistent information about public spending in user-friendly formats.

Financial Summary - as of 06/30/2023

  • All Fund Expenditures: $810,583,996 Total and $27,714 Per Student
  • General Fund Expenditures: $294,617,517 Total and $10,073 Per Student
  • All Fund Revenues:  $486,670,145 Total and $16,639 Per Student
  • General Fund Revenues: $305,921,795 Total and $10,460 Per Student
  • Revenue from Property Taxes:  $259,596,563 Total and $8,876 Per Student 
  • Sales Taxable Revenue in 2022-23 fiscal year: $683,165.76 Total and $23.36 Per Student

  • Total Full-time Equivalent Positions for All Personnel

2023-2024 Tax Rate

$1.0902

(per $100 of property value)

Each year a school district adopts two tax rates – Maintenance and Operations (M&O) and Interest and Sinking (I&S). 

General Operating Fund

(Maintenance & Operations)

$0.6692

Day-to-day
operations and expenses

For school districts, this includes: For the average citizen, this is similar to:
  • Staff Salaries
  • Utilities
  • Supplies
  • Repairs
  • Fuel
  • Groceries
  • Utilities
  • Minor home repairs
  • Routine services
  • Car fuel

 

Debt Services Fund

(Interest & Sinking)

$0.4210

Principal and interest payments
on debt issued

For school districts, this includes: For the average citizen, this is similar to:
  • New construction
  • Renovations
  • HVAC Systems
  • Roofing
  • Technology
  • Mortgage
  • Home renovation
  • Major appliance
  • Land
  • Car
bucket repsenting the M&O portion of tax rate $0.662
bucket representing the i&s  portion of tax rate $0.4210

NOTE:

Bonds cannot be used for salaries or operating costs. 


Visualizations

Documents/Downloadable Data

Awards

Transparency Star Logo
ASBO logo
GFOA Logo
ASBO Certificate of Excellence logo