November: Board approves September 2021 Monthly Reports:.November: Board approves 2020-21 Fiscal Year End Audit Results 2021 Tax Levy.November 3 rd: Budget 101 Community Engagement Presentation at 6 p.m.October: Department and Program BTOs released to departments to build their budgets through an equity lens aligned with Board Priorities to meet the district's needs.September: Public hearing on school financial integrity results (FIRST Rating).September: Board adoption of tax rates and exemptions.September: Board approval of the FY 2022-23 Budget Development Calendar.September: Board approves option to reduce local revenue in excess of entitlement.August: Administration prepares Truth-in-Taxation Publication.August: Payment submitted to TEA for Local Revenue in Excess of Entitlement (Recapture).July: District receives Certified Appraisal Value from Travis County Appraisal District.
YOU NEED A BUDGET MESSAGE BOARD DRIVERS
On this site, you will find a host of resources, including data on district revenues, expenditures, tax rates, cost drivers and comparative data with other school districts. Maintaining transparency about the AISD budget includes providing financial information to the public. AISD also carries the highest bond and state financial accountability ratings that school districts can earn in the state of Texas. The district is currently collecting feedback on the 2022-23 budget through the Budget Feedback Form, open until February 11.ĪISD has earned the highest ratings for budget management from Moody’s Investors Service, Standard & Poor’s and Fitch Ratings. The AISD board of trustees established a policy that requires the district to maintain a minimum of 20 percent of operating expenditures in its general fund balance, which is also a driving factor in the budgeting process. The budget is driven by the AISD strategic plan, which is the product of genuine consensus‐building and embodies the vision of our community. Austin ISD is committed to maintaining a transparent budgeting process.
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