MISD Earns Highest Rating on Comptroller's FAST Report
Posted: January 10, 2014
Midlothian ISD has earned the highest rating of 5-stars from the Texas Comptroller Financial Allocation Study for Texas (also known as FAST). Each Texas school district is assigned a FAST rating of one to five stars, indicating its success in combining cost-effective spending with the achievement of measurable student academic progress. MISD was one of just 42 school districts statewide to receive a 5-star FAST rating. For more information on the ratings system, go online to www.fastexas.org.
Tax Rate Notification
The current MISD Interest & Sinking (I&S) Fund Tax Rate is $0.50, and current Maintenance & Operations (M&O) Tax Rate is $1.04.
Texas Financial Integrity Rating System
MISD has earned "Superior Achievement" for ten consecutive years in a row in the state's Schools FIRST program. Download the report [PDF]
2013-14 General Fund Budget
|Expenditures per Pupil||
|Local Tax Rate Per $100 Valuation||
|Maintenance & Operations (M&O)||
|Debt Service (I&S)||
|Current Bond Indebtedness||
2013-14 Budget Area Comparisons (% of General Fund)
|General Fund Budget Expenditures|
|District Facility Operations||17.2%|
|Tax Collection Costs||0.7%|
*Offset by state funding
2013-14 General Fund Expenditure Budget by Major Categories
|Property Tax Revenue||44.9%||
|TIRZ Tax Revenue||7.8%||
|Other Local Revenue||3.9%||
|State Program Revenues||42.9%||
|Federal Program Revenues||0.4%||
2013-14 General Fund Revenue Budget by Major Categories
Debt Service [PDF]
The Debt Service Fund is primarily used to pay principal and interest on the District’s outstanding bond indebtedness. Revenues are mainly generated from the I&S (Interest and Sinking) portion of school taxes. Revenues in this fund are restricted in their use, and can only be used for debt-related expenditures.
Food Service [PDF]
The Food Service Fund is where all revenues and expenditures are recorded that relate to the nutrition needs of our students. The MISD contracts with ARAMARK to run its food service operations.
ARAMARK serves breakfast and lunch every school day at each school cafeteria. The Food Service operation is an approximate $2.5 million program.
General Fund [PDF]
The General Fund is used to record most of the revenues and expenditures of the District. The revenues come primarily from the M&O (Maintenance and Operations) portion of the school taxes, State funds, athletic events, and interest on investments of the District.
General Fund expenditures are for all of the day-to-day operations of the District, for example: salaries of teachers, classroom aides, bus drivers, and maintenance workers; insurance; utilities; supplies; fuel for vehicles; lease payments; etc.
Links below are to PDF documents. Download the free PDF viewer here.
Other Check Registers [PDF] Updated: March 2014
Download the list [PDF] of approved vendors by the MISD School Board; Feb. 2014.
RFP (Request for Proposal)
The links below can be downloaded and printed.
|MHHS Network - PDF | Word|
|Food Service Management Companies - PDF|
NOTICE (published twice in the Midlothian Mirror newspaper)
|Archived Bids (PDF File)|
|MHHS Science Supplies Bid - PDF | XLS|
|MHHS Ag Science Supplies Bid - PDF | XLS|
|MHHS Cafeteria Supplies Bid - PDF | XLS|
|IP Phone Systems - PDF | Word|
|School/Office/General, Athletic, and Nursing Supplies and Equipment - PDF|
|School/Office/General, Athletic, and Nursing Related Contracted Services - PDF|
|Midlothian Heritage High School Band - Word | .XLS|
|Midlothian Heritage High School Choir - Word | .XLS|
|Contracted Services - Maintenance, Janitorial, Transportation and Technology Related
|Supplies & Equipment - Maintenance, Janitorial, and Transportation Related|
|Claim Loss Experience - Midlothian ISD is sending out an updated Claim / Loss Experience for our RFP for Student Accident Insurance. The history was not updated before it was sent out originally. We're sorry for any inconvenience this may have caused.|
|RFQ Demographic Services [PDF]|
|MISD Investment Policy-Legal|
|MISD Investment Policy-Local|
|Banking RFP Attachment A (Excel file)|
|Banking RFP Attachment B Rates (Excel file)|
|2013 Banking RFP Notice|
|2013 Banking RFP|
|RFP Middle School Projectors|
|Revised Proposal Acknowledgement Form (Feb. 27, 2013)|
|Addendum (Feb. 14, 2013)|
Bid Calendar [PDF]
Links are to downloadable PDF file
Useful PDF Forms
- Application & Rental Agreement Form
- Authorization for Student Activity Fund P.O.
- Budget Change Request Form
- Cash Collection Form
- Consultant Services Contract
- Continuous App & Rental Agreement Form
- Deposit Report
- General Operating Fund Check Request Form
- In-District Mileage Form
- Mileage Chart for In-District Travel
- Petty Cash Form
- Price Quotation Form
- Purchase Order Cancel Close Form
- Student Activity Check Request Form
- Student Activity Info Sheet
- Student and Sponsor Meal Form
- Travel Reimbursement Form
- Utility Usage Report