Palestine Independent School District

Financial Transparency Information
Palestine ISD's financial information is audited on an annual basis by an external accounting firm, currently Smith, Lambright & Associates, P.C. The information in these reports is then sent to the Texas Education Agency where the data is compiled into other reports for accountability measures.

Summary of Fiscal Year 2015-16 Budget

The 2015-16 Budget is for the Fiscal Year beginning September 1, 2015 and ending August 31, 2016 and was used to keep track of specific sources of funding and spending for particular purposes.

Funds:

The General Fund is the District's primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in other special purposes funds.
The Food Service Fund is used to provide nutritional meals for students, and includes federal funding to provide free hot meals for eligible children.
The Debt Service Fund is a restricted fund used to pay principle and interest on long-term general obligation debts for construction, major renovations, and maintenance of facilities.

Expenditures:

Expenditures for the Fiscal Year 2015-16 total $28,852,577 or $8,524 per student.

Revenues:

Revenues from all funds for the Fiscal Year 2015-16 total $28,782,656 or $8,503 per student which includes revenues from property taxes.

Revenues from property taxes for the Fiscal Year 2015-16 total $12,424,507 or $3,385 per student.

Staffing:

Full-time equivalent positions for all personnel for the Fiscal Year 2015-16 total 486.3.

Property Tax Rate

The property tax rate for Palestine ISD for FY 2016-17 is $1.17 for Maintenance & Operations and $0.378 for Interest & Sinking for a total rate of $1.548.
For more information, please visit the Texas Comptroller.

Public Information Requests

Public Information Requests must be submitted in writing to the office of the Superintendent.

Please call the Palestine ISD Administration Office at 903-731-8000 for more information about submitting these requests.

Bond Election Information

Currently there is not a Bond Election.

Please review the Bond Election Pledge.

Debt Criteria Information

Please review the Debt Criteria Information.

Business, Administrative, and Employee Forms

Sales Tax Exempt Form

Hotel Occupancy Tax Exempt Form

Conflict of Interest

School Board Information

Superintendent Information

Please contact any of the Business Service's Department Staff at the contact information below.

David Atkeisson

Chief Financial Officer

903-731-8004

Elizabeth Wilson

Administrative Assistant to CFO

903-731-8050

Loiette Dixon

Accounts Payable/PEIMS

903-731-8049

Gemma Funai

Payroll/Benefits

903-731-8048

What are the proper purchasing procedures?

ALL purchases must be pre-approved with a Purchase Order prior to making a purchasing commitment. Please contact the Business Services Department with any questions regarding the proper purchasing procedures.

Can I keep petty cash in/at my classroom/office/campus?

No. All funds received should be deposited immediately upon receipt.

Where can I get a district gasoline card?

Contact the Business Services Department in regards to checking out a district gasoline card. They are only to be used for leased or district-owned vehicles. They are NOT to be used in personal vehicles.

If a personal vehicle is used for travel, a mileage reimbursement form should be used instead and submitted to the Business Services Department after your return.

When is documentation needed for accounts payable checks, and when are accounts payable checks ready?

All documentations is required prior to processing payments for accounts payable.

Accounts payable checks will be processed twice monthly.

Please review the Check Schedule.