Financial Transparency

Our mission is to support Spring ISD and our community. One way we can achieve this is providing transparency through accounting, accounts payable, budget, business systems, cash management and payroll. Financial transparency is an ongoing goal for Spring ISD.

Financial - to record and report useful and timely accounting information regarding the District’s financial transactions in order to provide relevant information useful for evaluating the managerial and organizational performance.

Transparency is a broad term that quite literally means something that can be seen through. So when we speak of transparency in terms of government spending, we are referring to the government opening its books to the public so that taxpayers can see exactly where their money is going. Transparency ensures that your taxpayer dollars are spent efficiently by making all decisions in the open and on the record. The transparency means that citizens can review and question policymakers decision, root out inefficiencies and hold officials accountable for the way tax dollars are spent. 

Where Does Our Money Come From?

Local

Local sources of revenue generated 44.9% of all sources of revenue Local revenues include property taxes, earnings on investments, and tuition and fees; nearly all of local revenues come from the collection of property taxes – what you, as a citizen, pay for educating our students.

State

This source of revenue makes up over half of general fund revenues that Spring ISD receives. The Texas Education Agency oversees state funding and distributes funds to all districts through numerous formulas, grants, allotments and programs.

Federal

Revenues received from federal sources constitute 1.6% of total revenues. Most federal revenues received are reimbursements through Medicaid for certain health related services. The increase is due to an increase in the percent of expenditures eligible for Medicaid reimbursements.

Financial Resources

  Adopted Budget - The official adopted budget
  Budget Review - A review update of anticipated revenues and expenditures
  Comprehensive Annual Financial Report (CAFR) - Presentation of financial condition
  Check Registers - Consecutive monthly check registers for each fiscal year.
  Current Tax Rates - Provides the current tax rates and prior years.
  Debt Information - Outstanding debt service obligations.
  Report of Cash and Investments - Quarterly reports and graphs
  Bond Pledge- A pledge by the superintendent
  Additional Information - Other related information

How Is The Money Spent?

Payroll

Costs of $255,988,672 include the gross salaries or wages and benefit costs for employee services.

Professional and Contracted Services

Costs of $22,128,967 were used for services rendered to the school district by firms, individuals, utility companies, and/or other organizations.

Supplies and Materials

Amounted to $8,948,190; these include textbooks, testing materials, fuel to transport children, and other general supplies and materials.

Debt Service

Costs of $47,390 was for principal and interest payments related to a capital lease obligation.

Capital Outlay

Capital outlay of $4,452,692 was spent on building acquisition, building improvements, buses and vehicles, furniture, and other equipment.

Other Operating Costs

Costs of $4,819,032 include student and staff travel fees, and property insurance.

About This Page

Comptroller

Texas Comptroller Leadership Circle

Spring ISD has been awarded the Texas Comptroller Leadership Circle Platinum designation for excellence in online financial transparency. The platinum designation represents the highest level awarded.

Learn more about the Texas Comptroller of Public Accounts' Transparency Stars program here.

Credit Ratings
  • Standards & Poor's: A+
  • Moody: Aa3

Awards and Recognitions

  • Certificate of Achievement and Excellence in Financial Reporting (Government Finance Officers Association - GFOA) 2016
  • Certificate of Excellence in Financial Reporting (Association of School Business Officials- ASBO) 2016

Public Information Requests

Access to information maintained by the Spring Independent School District may be requested in accordance with the Texas Public Information Act. Please visit the Spring ISD Public Information page for more information.