Finance

Our team is responsible for managing district finances to ensure resources are used effectively, efficiently, and transparently in support of student success.

We work closely with district leaders and campus staff to develop and manage budgets, oversee payroll and procurement, and ensure compliance with all financial regulations. Through careful planning, accurate reporting, and a commitment to fiscal responsibility, we strive to maximize the impact of every dollar spent.

Transparency and accountability guide our work. We are proud to serve as responsible stewards of public funds while supporting the educational mission of WFISD.

ESSER GRANT INFORMATION

Financial Transparency

Debt Obligations

Wichita Falls ISD is honored to partner with the community to provide opportunities for student success that are mutually beneficial for students, families, businesses, and the community at large. Consistent with the District’s efforts to improve transparency and accountability, WFISD is committed to improving our accountability with regard to public debt.

Disbursement Reports (Check Registers)

In an effort to provide transparency, the District provides current disbursement reports for prior fiscal years. These reports include the check date, payee, and check amount for each disbursement.

Financial Integrity System of Texas (TEA)

Schools FIRST (Financial Integrity Rating System of Texas), a financial accountability system for Texas school districts developed by the Texas Education Agency. Schools FIRST was developed for school districts primarily to achieve quality performance in the management of school districts' financial resources, a goal made increasingly more significant due to the complexity of accounting associated with Texas' school finance system.

Audited Financial Statements

Utility Cost Breakdown

Budget Documents

Adopted Budgets

The annually adopted budget outlines the financial resources necessary to offer a competitive compensation package to employees, to maintain existing facilities, and to support the 28 existing campuses while preparing for student and program growth. The adopted budget includes the General, Debt Service, and Food Service Funds

Amended Budgets

Official Budget Books

The District is committed to providing our stakeholders with an annual budget document that reflects sound fiscal management and budgetary policies. The Official Budget Book is used to present the financial plan and the results of the operations of the District.

Tax Rate Information

Tax Rate Notificaltion

Wichita Falls ISD's tax rate consists of a maintenance and operations (M&O) tax rate and an interest and sinking (I&S) tax rate. The M&O tax rate provides funds for maintenance and operations. The I&S tax rate provides funds for payments on the debt that finances a district's facilities.

On August 2, 2024, the Board of Trustees approved the 2024-2025 Tax Rate at $0.7011 per $100 Property Valuation for the Maintenance and Operations Fund and $0.412393 for the Debt Service Fund. The adopted total tax rate is $1.113493.

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In This Section

Finance

Financial Transparency

Debt Obligations

Disbursement Reports (Check Registers)

Financial Integrity System of Texas (TEA)

Audited Financial Statements

Utility Cost Breakdown

Budget Documents

Adopted Budgets

Amended Budgets

Official Budget Books

Tax Rate Information

Tax Rate Notificaltion

2023-2024 WFISD Tax Rate (2023 Property Tax Year)

2022-2023 WFISD Tax Rate (2022 Property Tax Year)

2021-2022 WFISD Tax Rate (2021 Property Tax Year)

2020-2021 WFISD Tax Rate (2020 Property Tax Year)

2019-2020 WFISD Tax Rate (2019 Property Tax Year)

2018-2019 WFISD Tax Rate (2018 Property Tax Year)

2017-2018 WFISD Tax Rate (2017 Property Tax Year)

2016-2017 WFISD Tax Rate (2016 Property Tax Year)

2015-2016 WFISD Tax Rate (2015 Property Tax Year)

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