$1,219,070

After expenses

Or 6 school buses

• Revenue = $29,868,938

• Expenses = $28,649,868

• Bond Long Term Debt = $10,990,00

• All Long Term Debt - $14,555,69

  • (bonds and other loans)

• Debt Principal Payments = $2,155,626

• Debt Interest paid = $510,790

(based on 2021 report)

• Revenue = $30,899,917

• Expenses = $27,804,510

• Bond Long Term Debt = $9,360,00

• All Long Term Debt = $12,373,61

  • (bonds and other loans)

• Debt Principal Payments = $2,268,722

• Debt Interest paid = $399,551

$3,095,407

After expenses

Or 17 school buses

(based on 2022 report)

• Revenue = $32,060,985

• Expenses = $28,744,213

• Bond Long Term Debt = $6,350,000

• All Long Term Debt = $ 11,236,7

• Debt Principal Payments = $1,710,000

• Debt Interest paid = $468,000

$3,316,772

Or 18 school buses

Interesting Auditor Notes from the 2023 report;
"The District's accounting process allows for an individual to handle the entire process without review or oversight relative to the bank reconciliation process and preparation of journal entries."

"The District does not have any written procedures for the business office, activity funds, or federal funds."

After expenses

(based on 2023 report)

Land Purchase;
On August 24 the district purchased 73 acres for $2.2 Million dollars. The property address is 4762 S. FM 1655 Bridgeport TX 76426.

This purchase was made before any voted on the 2nd 2023 bond package.