PFLUGERVILLE

INDEPENDENT SCHOOL DISTRICT

COMPREHENSIVE ANNUAL FINANCIAL
REPORT
For the Year Ended August 31, 2011

Issued By
Pflugerville Independent School District
Department of Finance

Pflugerville, Texas

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

TABLE OF CONTENTS

Page

Exhibit/
Table

Introductory Section
Principal Officials and Advisors
Certificate of the Board
Transmittal Letter
Organizational Chart
GFOA Certificate
ASBO Certificate of Excellence

i
iii
v
xi
xii
xiii

Financial Section
Independent Auditors Report
Managements Discussion and Analysis
Basic Financial Statements:
Government-wide Financial Statements
Statement of Net Assets
Statement of Activities
Governmental Fund Financial Statements
Balance Sheet
Reconciliation of Balance Sheet for Governmental Funds to
Statement of Net Assets
Statement of Revenues, Expenditures, and Changes in Fund
Balance
Reconciliation of the Statement of Revenues, Expenditures, and
Changes in Fund Balance of Governmental Funds to the
Statement of Activities
Proprietary Fund Financial Statements
Statement of Net Assets
Statement of Revenues, Expenses, and Changes in Fund Net Assets
Statement of Cash Flows
Fiduciary Fund Financial Statements
Statement of Fiduciary Net Assets
Statement of Changes in Fiduciary Net Assets
Notes to the Financial Statements
Required Supplementary Information:
Budgetary Comparison Schedule - General Fund
Notes to Required Supplementary Information
Other Supplementary Information:
Combining Fund Statements:
Non-major Governmental Funds:
Combining Balance Sheet
Combining Statement of Revenues, Expenditures, and Changes
in Fund Balance
Internal Service Funds:
Combining Statement of Net Assets
Combining Statement of Revenues, Expenses, and Changes in
Net Assets
Combining Statement of Cash Flows

1
5

17
18

A-1
B-1

20

C-1

23

C-2

24

C-3

26

C-4

27
28
29

D-1
D-2
D-3

30
31
32

E-1
E-2
F-1

55
56

G-1
G-2

64

H-1

74

H-2

87

I-1

88
89

I-2
I-3

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

TABLE OF CONTENTS (continued)

Page

Exhibit/
Table

90

J-1

92

J-2

93
94
95

J-3
J-4
J-5

100
102
106
108
113
114
116
117
118
119
120
121
123
124
126
128
131
132

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

Required TEA Schedules

Schedule of Delinquent Taxes Receivable
Schedule of Expenditures For Computation of Indirect Costs For 20122013 (Unaudited)
Fund Balance and Cash Flow Calculation Schedule (Unaudited) - General
Fund
Budgetary Comparison Schedule - Child Nutrition Fund
Budgetary Comparison Schedule - Debt Service Fund

Statistical Section
Net Assets by Component
Changes in Net Assets
Fund Balances of Governmental Funds
Changes in Fund Balances - Governmental Funds
Assessed Value and Actual Value of Taxable Property
Property Tax Rates - Direct and Overlapping Governments
Principal Tax Payers
Property Tax Levies and Collections
Ratios of Outstanding Debt by Type
Ratios of Net General Obligation Bonded Debt Outstanding
Computation of Estimated Direct and Overlapping Debt
Demographic and Economic Statistics
Principal Employers
Demographic Statistics
Full-Time Equivalent District Employees by Position
Operating Statistics
Teacher Base Salaries
School Building Information

Federal Awards Section

Independent Auditors Report on Internal Control over Financial
Reporting and on Compliance and Other Matters Based on an Audit of
Financial Statements Performed in Accordance with Government
Auditing Standards
Independent Auditors Report on Compliance with the Requirements that
Could have a Direct and Material Effect in each Major Program and on
Internal Control over Compliance in Accordance with OMB Circular
A-133
Schedule of Findings and Questioned Costs
Schedule of Expenditures of Federal Awards
Notes to Schedule of Expenditures of Federal Awards

141
143

145
147
150

K-1
K-2

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

PRINCIPAL OFFICIALS AND ADVISORS

BOARD OF TRUSTEES
Ms. Elva Gladney
President
Ms. Vernagene Mott
Vice-President
Dr. Cynthia Graves
Secretary
Dr. Carol Fletcher
Member
Mr. Jimmy Don Havins
Member
Mr. Mario Acosta
Member
Mr. Rob Reyes
Member

ADMINISTRATION
Mr. Charles E. Dupre
Superintendent of Schools
Mr. Keith McBurnett
Deputy Superintendent
Dr. Kenneth Adix
Chief Financial Officer
Dr. Terrence Eaton
Assistant Superintendent
Dr. Lori Einfalt
Assistant Superintendent

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

PRINCIPAL OFFICIALS AND ADVISORS

ADMINISTRATION (continued)
Mr. Bill Clayton
Executive Director of Facilities & Support Services
Mr. Darin Hathcock
Executive Director of HR and Admin Services
Mr. Victor Valdez
Executive Director of Technology
Ms. Amanda Brim
Director of Community Relations

CONSULTANTS AND ADVISORS

Null-Lairson, P.C.
Houston, Texas - Independent Auditors
Andrews Kurth L.L.P.
Houston, Texas - Bond Counsel
Specialized Public Finance, Inc.
Austin, Texas - Financial Advisor

ii

iv

January 12, 2012

Ms. Elva Gladney, President and
Board of Trustee Members and Citizens of
Pflugerville Independent School District
1401 West Pecan
Pflugerville, Texas 78660
Dear Ms. Gladney, Board Members and Citizens of Pflugerville Independent School District:
The Finance Department is pleased to submit the Comprehensive Annual Financial Report for the
Pflugerville Independent School District (Pflugerville ISD) for the fiscal year ended August 31, 2011.
This report is published to provide the Board, citizens, our bondholders, staff and other interested parties
with detailed information concerning the financial condition and activities of the school district.
Responsibility for both the accuracy of the data presented and the completeness and fairness of the
presentation, including all disclosures, rests with the District. In our opinion, we believe the data, as
presented, is accurate in all material aspects; that they are presented in a manner designed to fairly set
forth the financial position and results of operations of the District as measured by the financial activity of
its various funds; and that all disclosures necessary to enable the reader to gain the maximum
understanding of the District's financial affairs are included in this report.
The MD&A (Management Discussion and Analysis) is a narrative introduction, overview and analysis to
accompany the basic financial statements. This letter of transmittal is designed to complement the MD&A
and should be read in conjunction with it. The MD&A can be found immediately following the
independent auditors report. The Statistical section includes selected financial and demographic
information, generally presented on a multi-year basis.
The Financial section is prepared in accordance with generally accepted accounting principles for
governments, as prescribed by the Governmental Accounting Standards Board and other professional
associations.
THE REPORTING ENTITY AND ITS SERVICES
This report includes all of the funds of the District, including activities considered by the State of Texas to
be part of the K-12 public school system. Pflugerville ISD is an independent school district incorporated
as a political subdivision of the State of Texas. A seven-member board governs the District in accordance
with state statutes and regulations. Members of the Board serve staggered three-year terms without
compensation and are elected from at-large member districts. The Board of Trustees operates as a policy
making body, delegates management to the single executive head (the Superintendent of Schools),
determines District goals and evaluates policies in terms of effectiveness in attaining those goals. The
Superintendent of Schools and the administrative staff execute the policies of the Board, assume
responsibility for the operation of the District, make recommendations to the Board in matters of policy
v

and professional personnel, prepare the budget and report to the Board on matters related to the progress
of the District in attaining the goals set by the Board.
The District provides a comprehensive range of school programs and services, as required by state statute,
to approximately 23,000 enrolled students in grades pre-K through 12. This includes basic elementary
pre-kindergarten through grade five, middle school grades six through eight, high school grades nine
through twelve, career and technical education, alternative schools, bilingual education, pupil
transportation, food service, special education and numerous special programs for remedial and enriched
education. A wide variety of electives in fine arts, athletics and technology supplement these basic
programs.
ECONOMIC CONDITION AND OUTLOOK
Pflugerville ISD is located in and around the City of Pflugerville which is a rapidly growing suburb of the
states capital, Austin and a developing commercial center of Travis County. The City of Pflugerville is
experiencing growth in all business sectors. With a population of 50,850 and being strategically located a
few miles north of Austin along the I-35 corridor and 25 minutes from the Austin-Bergstrom International
Airport, Pflugerville provides businesses a climate with easy access to several metropolitan areas without
the big city challenges.
Pflugerville also stands out as an excellent commercial site with a friendly and welcoming residential
community. The SH-130 toll road is going to continue being the driving force behind Pflugervilles
continuing growth. SH-130 provides an alternate route to the heavily congested I-35 and allows
commuters and commercial traffic easy access from north of to south of Austin. Housing
development will thrive on the east side of Pflugerville near SH-130 as families will be drawn to this area
known for outstanding schools, affordable housing and easy access to work or play. More than seven
major institutions of higher education surround Pflugerville ISD, including The University of Texas at
Austin, Huston-Tillotson University, St. Edwards University, Southwestern University, Texas State
University, Concordia University and the Austin Community College system.
Over the past year, the U.S. economy continued to struggle, but there are signs that the economy has hit
the bottom and is now in the process of recovery. The U.S. unemployment rate was 9.0% in September
2011. At the state and local level employment rates were better as the Texas unemployment rate was 8.5%
and the Austin area was at 7.4% in September according to the Bureau of Labor and Statistics. The
Districts property values decreased due to the economy, but the Districts general fund revenue increased
due to increases in student enrollment.
The district currently has 24 active subdivisions which will add over 6,000 additional homes being
tracked by Metrostudy. Additionally, there are 20 developments which will eventually add over 13,428
homes. Four multi-family projects are in the planning process which will add approximately 1,400 multifamily units in the short-term with additional multi-family projects adding between 8,000 and 10,000
units three to ten years down the road.
New businesses continued to open in Pflugerville during 2011. Pflugerville offers a good infrastructure, a
long-range water supply and enviable demographics - an educated workforce and strong consumer base
who want to work, live and shop close to home.
For 2011, the Chief Appraisers for the Travis and Williamson County Appraisal Districts certified all
taxable properties in the District subject to appraisals to be valued at $6,863,378,827. The total tax rate
for the 2010-2011 school year is $1.46 and consists of the maintenance and operations tax rate of $1.04
and the debt service tax rate of $.42.

vi

FOR THE FUTURE - The Board of Trustees adopted its mission, vision and values for the 2011-2012
school year that set high standards for the students and staff of the School District and are reviewed by the
Board on an annual basis.
Mission Statement:
The mission of the Pflugerville ISD is to provide a quality education with a commitment to excellence by
facilitating learning in a safe and nurturing environment.
Our Values:
We believe that:

The community expects and supports a quality education as the key to student success.
A strong work ethic strengthens our schools and community.
A safe community contributes to the quality of life in Pflugerville ISD.
All individuals have worth.
Education is an important priority that keeps our community productive and healthy.
Our children are afforded equitable educational opportunities to achieve their potential.

Our Vision:
Our students are:

Productive citizens committed to the community.

Enthusiastic learners who practice continual self development.
Sensitive to others needs and feel safe, both physically and emotionally.
Applying and understanding technology.
Positive role models.
Setting challenging personal goals to achieve their full potential.
Effective problem solvers and decision makers who communicate clearly and work well
independently and as team members.

ACHIEVEMENTS
The Texas Education Association (TEA) rated the PISD Academically Acceptable for 2011. Riojas
Elementary and Rowe Lane Elementary received an Exemplary rating while Hendrickson High, Kelly
Lane Middle, Park Crest Middle, Caldwell Elementary, Highland Park Elementary, Murchison
Elementary, Pflugerville Elementary, River Oaks Elementary, Spring Hill Elementary, Timmerman
Elementary, Windermere Elementary, and Windermere Primary received a Recognized rating. Connally
High, Pflugerville High, Dessau Middle, Pflugerville Middle, Brookhollow Elementary, Copperfield
Elementary, Delco Primary, Dessau Elementary, Northwest Elementary, Parmer Lane Elementary
received an Academically Acceptable rating. Westview Middle and Wieland Elementary were rated
Academically Unacceptable.
Seventeen out of twenty-six campuses received Gold Performance Acknowledgments (GPA) from the
TEA for 2011. PISD was evaluated in thirteen out of 15 possible indicators and received
acknowledgment in two indicators: College-Ready and Commended Performance in Social Studies.
Eleven schools received recognition in more than one indicator while one campus received recognition in
six indicators.

vii

FINANCIAL INFORMATION
Management of the District is responsible for establishing and maintaining an internal control structure
designed to ensure that the assets of the District are protected from loss, theft or misuse and to ensure that
adequate accounting data are compiled to allow for the preparation of financial statements in conformity
with generally accepted accounting principles. The internal control structure is designed to provide
reasonable, but not absolute, assurance that these objectives are met. The concept of reasonable assurance
recognizes that: (1) the cost of a control should not exceed the benefits likely to be derived and (2) the
valuation of costs and benefits requires estimates and judgments by management.
Single Audit - As a recipient of state and federal financial assistance, the District is also responsible for
ensuring that an adequate internal control structure is in place to ensure compliance with applicable laws
and regulations related to those programs. This internal control structure is subject to periodic evaluation
by management of the District. As a part of the District's single audit, tests are made to determine the
adequacy of the internal control structure, including that portion related to federal financial assistance
programs, as well as to determine that the District has complied with applicable laws and regulations. The
results of the District's single audit for the fiscal year ended August 31, 2011 provided no instances of
material weaknesses in the internal control structure or significant violations of applicable laws and
regulations.
Accounting System and Budgetary Control
The District's accounting records reflect generally accepted accounting principles, as promulgated by the
Governmental Accounting Standards Board on governmental accounting. The District's accounting
records for general governmental operations are maintained on a modified accrual basis as prescribed by
the Texas Education Agency Financial Accountability System Resource Guide.
In developing and evaluating the District's accounting system, consideration is given to the adequacy of
internal accounting structure. The internal accounting structure is designed to provide reasonable, but not
absolute, assurance regarding: (1) the safeguarding of assets against loss from unauthorized use or
disposition and (2) the reliability of financial records for preparing financial statements and maintaining
accountability for assets. All internal control evaluations occur within the above framework. We believe
the District's internal accounting structure adequately safeguards assets and provides reasonable assurance
of proper recording of financial transactions.
Budgetary control is initiated at the onset when the Board of Trustees adopts the annual budget. To ensure
budgetary compliance, the Texas Education Agency and the District have established spending
regulations and policies. For all administrators with line item or program responsibility, regulations set
the level of budgetary control at the major functional expenditure level. All requested budget revisions
that move money between functions require approval by the Board of Trustees.
GOVERNMENTAL CHANGES
In 2009, the Texas legislature passed House Bill 3646. As a result of this bill, Pflugerville ISD received
approximately $6.2 million in revenue via the State Fiscal Stabilization Fund (SFSF). These funds were
used to pay $0.9 million in librarian salaries (Function 12) and $5.3 million in assistant principal and
principal salaries (Function 23). All of the revenue and expenses associated with SFSF was coded to Fund
266 for 2010-11. Before 2009-10, these expenses were paid with Fund 199. SFSF Funding was
discontinued at the end of 2010-11.
LONG-TERM FINANCIAL PLANNING
The District is committed to long-term, financial planning for several reasons. First, State funding is
determined on a biennial basis and was cut significantly by the State legislature in 2011. Second, the
District continues to grow and will open a new school each year for the next 3 years starting in the Fall of
viii

2012. These schools are necessary to accommodate the projected addition of over 2,300 students over the
next 5 years.
In 2008-09, the District incurred an operating loss of ($3.1M) to the General Fund. Since then, the
District made a concerted effort to reduce operating costs to ensure that the District could, at a minimum,
achieve a balanced budget each year. This effort resulted in adding $10.9M to fund balance over the last 2
years ($4.4M in 2009-10 and $6.5M in 2010-11) as well as an expected operating gain of $3.7M for the
2011-12 budget.
Given that EduJobs funding ($3.7M) will end after 2011-12 and that operating costs will increase as a
result of opening additional schools, the District continues to look at ways to reduce future costs. In 2011,
the District formed a Budget and Compensation Committee (BCC) with a representative from every
campus and department. The executive leadership team, principals and BCC were tasked with identifying
cost/staff reduction ideas and prioritizing these cuts to ensure that the District will continually be able to
adjust its cost structure in order to achieve a balanced budget.
Pflugerville ISD currently has $346.24M in outstanding debt and is planning to have its next bond
election in May 2013. The District has done considerable analysis on its debt service and has prepared a
5-year projection of: property tax and state revenue, tax rates, principal and interest payments and new
bonds. This analysis concludes that the District can support both its current and future borrowing needs.
RISK MANAGEMENT
Through December 31, 2010, Pflugerville ISD offered a fully-funded employee group health insurance
plan. On January 1, 2011 the District started a self-funded employee group health insurance plan and
continued with a self-funded workers compensation plan. The District maintained its monthly, medical
insurance contribution of $303 toward the total employees cost for the medical plans that could include
coverage for a spouse, child(ren) or family. There were three additional benefits (in-office surgeries/office
procedures, preventative colonoscopies, physical and occupational therapy and chiropractic) added
starting January 1, 2011. These additional benefits resulted in an increase in the premiums paid by
employees.
For workers compensation, the District has purchased Excess Workers Compensation insurance
coverage. The Districts self-insured retention is $300,000 for each accident and the stop loss carrier
indemnifies the District against specific losses in excess of $300,000. For the 2010-2011 fiscal year, the
District has a financially sound reserve set aside to offset potential fund deficits in future years.
The district purchases commercial insurance for Property in the amount of $489,502,946. Lower sublimits are provided for Computer Equipment, Musical Instruments/Uniforms, Audio and Mobile
Equipment; Flood limit of $100,000,000, Earthquake limit of $100,000,000, General Liability, Law
Enforcement, Employee Benefits Liability and Educators Legal Liability (Professional) are insured for a
limit of $1,000,000 per occurrence; Automobile Liability limits are $100,000, each person for Bodily
Injury, $300,000 for each Accident Bodily Injury and $100,000 limit Property Damage. Within these
policy limits, the Districts exposure is limited to the deductibles and specific retentions. There has not
been any significant reduction of insurance coverage from that of the prior year. The District has not had
claims in excess of its coverage.
The District provides regular home-to-school and special education student transportation through a
contracted service and the contractor maintains insurance coverage on the buses that they use to conduct
operations.
Independent Audit
Texas School Law requires an annual audit by an independent outside auditing firm of all District funds.
All Pflugerville ISD funds have been audited. The auditors opinion is included in this report.

ix

AWARDS AND ACKNOWLEDGEMENTS

GFOA Certificate of Achievement for Excellence
For the second year in a row, the Government Finance Officers Association of the United States and
Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to
Pflugerville ISD for its comprehensive annual financial report (CAFR) for the fiscal year ended August
31, 2010. In order to be awarded a Certificate of Achievement, a government must publish an easily
readable and efficiently organized CAFR. This report must satisfy both generally accepted accounting
principles and applicable legal requirements.
A Certificate of Achievement is valid for a period of one year only. We believe that our current CAFR
continues to meet the Certificate of Achievement programs requirements and we are submitting it to the
GFOA to determine its eligibility for another certificate.
ASBO Certificate of Excellence in Financial Reporting
For the second year in a row, the Association of School Officials International (ASBO) awarded a
Certificate of Excellence in Financial Reporting to Pflugerville ISD for its CAFR for the fiscal year ended
August 31, 2010. This award certifies that the report substantially conforms to the principles and
standards of financial reporting as recommended and adopted by ASBO. The award is granted only after
an intensive review of financial reports by an expert panel of certified public accountants and practicing
school business officials.
A Certificate of Excellence is valid for a period of one year only. We believe that our current CAFR
continues to meet the Certificate of Excellence in Financial Reporting programs requirements and we are
submitting it to the ASBO to determine its eligibility for another certificate.
Acknowledgments
We respectfully acknowledge the responsible and sincere involvement of the school board, principals,
administrators, program directors and coordinators in the financial affairs of the District.
Special appreciation is also expressed to members of the business office staff for their assistance and
effort in maintaining the financial records of the District. Individual recognition is directed to Mary
Rabalais, Jo Zanek, Craig Pruett, Jackie Porter, Janet Maluschka, Sue Holmes, Lisa Campbell, Lisa
Wagner, Lorie Mills, Paula Bowden, Elizabeth Rehak, Brooke Greenfeder, Kristin Baum, Fiona Ellis,
Cheryl Smith, Susan Simpson and Valerie Watts for their combined efforts in closing out the accounting
records and assisting in preparing the various financial reports at year-end.
Pflugerville ISD publicly solicits the active involvement of all citizens and school District personnel in its
financial affairs. Together we are preparing Each Child for Their Future in Our World.
Respectfully submitted,

Assistant Superintendent
Dr. Lori Einfalt

ORGANIZATIONAL CHART

Assistant Superintendent
Dr. Terrence Eaton

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Executive Director of
Support Services
Bill Clayton

Executive Director
of Technology
Victor Valdez

xi

Chief Financial Officer

Dr. Kenneth Adix

Deputy Superintendent
Keith McBurnett

Director of
Community Relations
Amanda Brim

Superintendent
of Schools
Charles E. Dupre

Executive Director of
Human Resources and
Administrative Services
Darin Hathcock

xii

xiii

Financial Section

Independent Auditors Report

To the Board of Trustees
Pflugerville Independent School District
Pflugerville, Texas
We have audited the accompanying financial statements of the governmental activities, the business-type
activities, each major fund, and the aggregate remaining fund information of the Pflugerville Independent
School District (the District), as of and for the year ended August 31, 2011, which collectively
comprise the Districts basic financial statements as listed in the table of contents. These financial
statements are the responsibility of the District's management. Our responsibility is to express opinions
on these financial statements based on our audit.
We conducted our audit in accordance with auditing standards generally accepted in the United States of
America and the standards applicable to financial audits contained in Government Auditing Standards,
issued by the Comptroller General of the United States. Those standards require that we plan and perform
the audit to obtain reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements. An audit also includes assessing the accounting principles used
and the significant estimates made by management, as well evaluating the overall financial statement
presentation. We believe that our audit provide a reasonable basis for our opinions.
In our opinion, the financial statements referred to above present fairly, in all material respects, the
respective financial position of the governmental activities, the business-type activities, each major fund,
and the aggregate remaining fund information of the Pflugerville Independent School District, as of
August 31, 2011, and the respective changes in financial position, and cash flows, where applicable,
thereof for the year then ended, in conformity with accounting principles generally accepted in the United
States of America.
In accordance with Government Auditing Standards, we have also issued our report dated January 12,
2012, on our consideration of the District's internal control over financial reporting and our tests of its
compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters.
The purpose of that report is to describe the scope of our testing of internal control over financial reporting
and compliance and the results of that testing, and not to provide an opinion on the internal control over
financial reporting or on compliance. That report is an integral part of an audit performed in accordance
with Government Auditing Standards and should be considered in assessing the results of our audit.

1
3411 Richmond | Suite 500 | Houston, TX 77046 | (P) 713.621.1515 | (F) 713.621.1570
www.null-lairson.com

To the Board of Trustees

Pflugerville Independent School District
Pflugerville, Texas
Page 2

Accounting principles generally accepted in the United States of America require that the managements
discussion and analysis and budgetary comparison information on pages 5 through 13 and 55 through 56
be presented to supplement the basic financial statements. Such information, although not a part of the
basic financial statements, is required by the Governmental Accounting Standards Board, who considers
it to be an essential part of financial reporting for placing the basic financial statements in an appropriate
operational, economic, or historical context. We have applied certain limited procedures to the required
supplementary information in accordance with auditing standards generally accepted in the United States
of America, which consisted of inquiries of management about the methods of preparing the information
and comparing the information for consistency with managements responses to our inquiries, the basic
financial statements, and other knowledge we obtained during our audit of the basic financial statements.
We do not express an opinion or provide any assurance on the information because the limited procedures
do not provide us with sufficient evidence to express an opinion or provide any assurance.
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively
comprise the Districts basic financial statements. The introductory section, combining and individual
nonmajor fund financial statements, the required TEA schedules, except for those marked unaudited for
which we express no opinion, the schedule of expenditures of federal awards, and statistical section are
presented for purposes of additional analysis and are not a required part of the basic financial statements.
The accompanying schedule of expenditures of federal awards is presented for purposes of additional
analysis as required by U.S. Office of Management and Budget Circular A-133, Audits of States, Local
Governments, and Non-Profit Organizations, and is also not a required part of the basic financial
statements. The combining and individual nonmajor fund financial statements, the required TEA
schedules, except for those marked unaudited for which we express no opinion, and the schedule of
expenditures of federal awards are the responsibility of management and were derived from and relate
directly to the underlying accounting and other records used to prepare the financial statements. The
information has been subjected to the auditing procedures applied in the audit of the financial statements
and certain additional procedures, including comparing and reconciling such information directly to the
underlying accounting and other records used to prepare the financial statements or to the financial
statements themselves, and other additional procedures in accordance with auditing standards generally
accepted in the United States of America. In our opinion, the information is fairly stated in all material
respects in relation to the financial statements as a whole.
The introductory section, fund balance and cash flow calculation schedule and statistical section listed in
the table of contents have not been subjected to the auditing procedures applied in the audit of the basic
financial statements and, accordingly, we express no opinion or provide any assurance on them.

Null-Lairson, PC
Houston, Texas
January 12, 2012

Managements Discussion and Analysis

(This page intentionally left blank.)

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

MANAGEMENTS DISCUSSION AND ANALYSIS

This section of the Pflugerville Independent School Districts annual financial report presents its
discussion and analysis of the Districts financial performance during the fiscal year ending August 31,
2011. Please read it in conjunction with the transmittal letter at the front of this report and the Districts
financial statements, which immediately follow this section.
Financial Highlights

The assets of the District exceeded its liabilities at the close of the most recent fiscal year by
$62,770,490 (net assets). Of this amount, $28,293,639 (unrestricted net assets) may be used to meet
the Districts ongoing obligations to students and creditors.
Total net assets of the Districts governmental activities increased by $8,635,453 or about 15.95%.
The total fund balance of the general fund was $25,273,491 and was an increase of $7,590,946 from
the prior year. The unassigned fund balance of the General Fund was $24,206,347, or 16.24% of
total general fund expenditures.

Overview of the Financial Statements

This discussion and analysis is intended to serve as an introduction to the Districts basic financial
statements. The Districts basic financial statements are comprised of three components: 1) governmentwide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This
report also contains other supplementary information in addition to the basic financial statements
themselves, including schedules required by the state oversight agency, the Texas Education Agency
(TEA).
Figure A-1 shows how the financial statements, managements discussion and analysis and required
supplementary information are arranged and related to one another.
Figure A-1

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

MANAGEMENTS DISCUSSION AND ANALYSIS (continued)

Figure A-2
Type of

Government-Wide

Governmental Funds

Proprietary Funds

Fiduciary Funds

Entire Agencys government

The activities of the District

Activities the District operates

Instances in which the

(except fiduciary funds) and

that are not proprietary or

similar to private businesses:

District is the trustee or

the Agencys component

fiduciary

self insurance and a parenting

agent for someone elses

program

resources

Statements
Scope

units
Required Financial

Statements

Statement of net

Balance sheet

Statement of net assets

assets

Statement of

Statement of revenues,

Statement of activities

revenues,

expenses, and changes

expenditures, and

in fund net assets

changes in fund

Statement of fiduciary
net assets

Statement of changes
in fiduciary net assets

Statement of cash flows

balance
Accounting basis and

Accrual accounting and

Modified accrual accounting

Accrual accounting and

Accrual accounting and

measurement focus

economic resources focus

and current financial

economic resources focus

economic resources focus

resources focus
Type of asset/liability

All assets and liabilities, both

Only assets expected to be

All assets and liabilities, both

All assets and liabilities,

information

financial and capital, short-

used up and liabilities that

financial and capital, and

both short-term and long-

term and long-term

come due during the year

short-term and long-term

term; the Agencys funds do

or soon thereafter; no

not currently contain capital

capital assets included

assets, although they can

Type of

All revenues and expenses

Revenues for which cash is

All revenues and expenses

All revenues and expenses

inflow/outflow

during year, regardless of

received during or soon

during year, regardless of

during year, regardless of

information

when cash is received or

after the end of the year;

when cash is received or paid

when cash is received or

paid

expenditures when goods

paid

or services have been

received and payment is
due during the year or soon
thereafter

Figure A-2 summarizes the major features of the Districts financial statements, including the portion of
the District government they cover and the types of information they contain. The remainder of this
overview section of managements discussion and analysis explains the structure and contents of each of
the statements.
Government-wide Financial Statements
The government-wide statements report information about the District as a whole using accounting
methods similar to those used by private-sector companies. The statement of net assets includes all of the
governments assets and liabilities. All of the current years revenues and expenses are accounted for in
the statement of activities regardless of when cash is received or paid.
The two government-wide statements report the Districts net assets and the changes. Net assets - the
difference between the Districts assets and liabilities - are one way to measure the Districts financial
health or position.

Over time, increases or decreases in the Districts net assets are an indicator of whether its financial
health is improving or deteriorating, respectively.
To assess the overall health of the District, one needs to consider additional non-financial factors such
as changes in the Districts tax base and the changes in student enrollment.

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

MANAGEMENTS DISCUSSION AND ANALYSIS (continued)

The government-wide financial statements of the District include the Governmental activities. The
governmental activities of the District include activities such as instruction, extracurricular activities,
curriculum and staff development, health services and general administration. Property taxes and grants
finance most of these activities.
The fund financial statements provide more detailed information about the Districts most significant
funds - not the District as a whole. Funds are accounting devices that the District uses to keep track of
specific sources of funding and spending for particular purposes.
Some funds are required by State law and by bond covenants.
The Board of Trustees establishes other funds to control and manage money for particular purposes or
to show that it is properly using certain taxes and grants.
The District has the following kinds of funds:
Governmental funds - Most of the Districts basic services are included in governmental funds, which
focus on (1) how cash and other financial assets that can readily be converted to cash flow in and out and
(2) the balances left at year-end that are available for spending. Consequently, the governmental fund
statements provide a detailed short-term view that helps one determine whether there are more or fewer
financial resources that can be spent in the near future to finance the Districts programs. Because this
information does not encompass the additional long-term focus of the government-wide statements, we
provide additional information at the bottom of the governmental funds statement, or on the subsequent
page, that explain the relationship (or differences) between them.
Proprietary funds The District maintains two different types of proprietary funds. Enterprise funds are
used to report the same functions presented as business-type activities in the government-wide financial
statements. The District accounts for its extended day program in an enterprise fund. Internal service
funds are an accounting devise used to accumulate and allocate costs internally among the Districts
various functions. The District has two internal service funds that accounts for a workers compensation
insurance program and an employee group health insurance plan. These internal service fund profits have
been eliminated in the government wide presentations.
Fiduciary funds - The District is the trustee, or fiduciary, for certain funds. It is also responsible for other
assets that - because of a trust arrangement - can be used only for the trust beneficiaries. The District is
responsible for ensuring that the reported assets are used for their intended purposes. All of the Districts
fiduciary activities are reported in a separate statement of fiduciary net assets and of changes in fiduciary
net assets. We exclude these activities from the Districts government-wide financial statements because
the District cannot use these assets to finance its operations.

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

MANAGEMENTS DISCUSSION AND ANALYSIS (continued)

Financial Analysis of the District as a Whole

Net assets
The Districts combined net assets were $62,770,490 at August 31, 2011. The following table compares
twelve months of operations for the 2009-2010 fiscal year to twelve months of operations for the 20102011 fiscal year.

Current and other assets

Capital and non current assets
Total Assets

Current liabilities
Long term liabilities
Total Liabilities
Net Assets:
Invested in capital assets net of related debt
Restricted
Unrestricted
Total Net Assets

Governmental-Type Activites
2011
2010
118,744,872 $ 127,251,977
308,124,867
310,230,122
426,869,739
437,482,099
8,281,120
355,785,551
364,066,671

12,695,276
370,651,786
383,347,062

31,462,570
3,014,281
28,326,217
62,803,068

30,170,927
3,955,354
20,008,756
54,135,037

Business-Type Activites
2011
2010
60,133 $
60,133

Total
2011
2010
$ 118,805,005
$ 127,251,977
308,124,867
310,230,122
426,929,872
437,482,099

92,711

Percentage
Change
-7%
-1%
-2%

92,711

8,373,831
355,785,551
364,159,382

12,695,276
370,651,786
383,347,062

-34%
-4%
-5%

(32,578)
(32,578)

31,462,570
3,014,281
28,293,639
62,770,490

30,170,927
3,955,354
20,008,756
54,135,037

4%
-24%
41%
16%

Changes in net assets

Net assets increased overall by $8.6 million mainly due to the expenditures coming in less than revenue in
the General Fund and the local and state revenue coming in higher than expected.
The Districts total general revenues, charges for services, and operating grants and contributions were
$217.6 million. A significant portion, 48%, of the Districts revenue comes from taxes (see Figure A-3),
32% comes from state aid formula and federal government grants, 16% from operating grants and 4%
relates to investment earnings and charges for services. The total cost of all programs and services was
$208.9 million. Of these costs, 52% are related to instruction.
Figure A-3 District Sources of Revenue for Fiscal Year 2011

Operating Grants
16%

Investment Earnings
0%
Charges for
Services
4%
Property Taxes
48%

State aid formula and

grants
32%

Miscellaneous
0%

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

MANAGEMENTS DISCUSSION AND ANALYSIS (continued)
Governmental-Type Activites
2011
2010
Program Revenues
Charges for services
Operating grants
General Revenues
Property taxes
State aid
Interest earnings
Other
Total Revenues

Expenses
Instruction
Instructional resources and media services
Curriculum and staff development
Instructional leadership
School leadership
Guidance, counseling, and evaluation services
Social work services
Health services
Student transportation
Food service
Extracurricular activities
General administration
Facilities maintenance and operations
Security and monitoring services
Data processing services
Community services
Interest on long-term debt
Capital outlay
Payments related to shared services
arrangements
Payments to Juvenile Justice Alternative
Education Programs
Payments to Central Appraisal District
Extended Day Program
Total Expenses
Increase (Decrease) in Net Assets
Beginning net assets
Ending Net Assets

7,214,303
34,786,457

6,795,871
34,150,601

Business-Type Activites
2011
2010
$

179,137

Total
2011
$

7,393,440
34,786,457

2010
$

Percentage
Change

6,795,871
34,150,601

9%
2%

104,044,694
70,295,035
493,138
557,567
217,570,331

108,512,607
61,748,632
417,602
50,311
211,675,624

-4%
18%
1008%
3%

0%
0%
1%
-4%
1%
-3%
8%
15%
5%
8%
10%
4%
-15%
11%
-2%
85%
0%

104,044,694
70,295,035
493,138
557,567
217,391,194

108,512,607
61,748,632
417,602
50,311
211,675,624

108,337,542
3,196,747
6,099,548
2,456,580
10,159,941
6,588,865
475,137
1,828,229
7,466,658
11,457,443
6,651,685
3,840,998
13,208,973
2,383,226
3,767,644
251,683
17,453,765
13,136

108,060,717
3,188,391
6,051,164
2,557,375
10,098,502
6,792,197
441,736
1,594,137
7,139,172
10,620,252
6,067,801
3,709,032
15,502,842
2,137,943
3,851,350
136,274
17,507,086

108,337,542
3,196,747
6,099,548
2,456,580
10,159,941
6,588,865
475,137
1,828,229
7,466,658
11,457,443
6,651,685
3,840,998
13,208,973
2,383,226
3,767,644
251,683
17,453,765
13,136

108,060,717
3,188,391
6,051,164
2,557,375
10,098,502
6,792,197
441,736
1,594,137
7,139,172
10,620,252
6,067,801
3,709,032
15,502,842
2,137,943
3,851,350
136,274
17,507,086

2,505,714

2,379,337

2,505,714

2,379,337

5%

15,642
564,007

555,974

208,723,163

208,391,282

8,668,031
54,135,037
62,803,068

3,284,342
50,850,695
54,135,037

179,137

211,715
211,715
(32,578)
$

(32,578)

15,642
564,007
211,715
208,934,878

555,974

1%

208,391,282

0%

8,635,453
54,135,037
62,770,490

3,284,342
50,850,695
54,135,037

163%
6%
16%

Governmental Activities

Property tax rates for the 2010-2011 fiscal year remained at $1.46 per $100 of valuation. Taxable
values for the 2011 fiscal year decreased by 2.71%.

The following table presents the cost of each of the Districts largest functions as well as each functions
net cost (total cost less fees generated by the activities and intergovernmental aid). The net cost reflects
what state revenues as well as local tax dollars funded.

The cost of all governmental activities this year was $208.7 million.

The amount that local taxpayers paid for these activities through property taxes was $104.0 million.

Those who directly benefited from the programs paid $7.2 million. Grants covered $34.8 million in
cost.

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

MANAGEMENTS DISCUSSION AND ANALYSIS (continued)
Net Cost of Selected District Functions
Total Cost of Services
2011
2010
Instruction
School Leadership
Facilities
Maintenance &
Operations
Debt Service Interest

$ 108,337,542
10,159,941

Percent
Change

108,060,717
10,098,502

0%
1%

13,208,973

15,502,842

-15%

17,453,765

17,507,086

0%

Net Cost of Services

2011
2010
$

92,396,321
3,986,112

Percent
Change

92,938,471
3,955,060

-1%
1%

12,200,943

14,738,936

-17%

17,453,765

17,507,086

0%

Financial Analysis of the Districts Funds

Revenues from governmental fund types totaled $217.8 million, an increase of $5.7 million from the
preceding year. State aid increased mainly due to additional students and the decline in property tax
revenue that is offset by a corresponding increase in state funding. The $0.7 million decrease in federal
revenues is primarily due to a decrease in American Recovery and Reinvestment Act (ARRA) funding.
General Fund Budgetary Highlights
Over the course of the year, the District recommended and the Board approved revisions to budgeted
revenue and appropriations. With these adjustments, actual expenditures were $4.1 million less than final
budgeted amounts. The most significant variances resulted from staffing.
Resources available were $2.3 million more than the final budgeted amount:

State program revenues were approximately $2 million more than budgeted.

Tuition and fees were slightly more than budgeted.

Bottom-line, the change in fund balance for the year of $7.6 million was $7.5 million better than the final
budgeted net increase of $0.1 million.
General Government Functions
The General Fund encompasses the general governmental functions of the district and all other functions
not accounted for in other funds. The General Fund balance increased by $7.6 million due to revenues
exceeding expenditures by $6.5 million and transfers in of $1.1 million. The Debt Service Fund balance
decreased because of decreased property tax revenue. The Capital Projects Fund balance decreased
mainly due to capital outlay for equipment purchases and facility renovations. Fund balances and percent
of increase (decrease) for the governmental funds are as follows:
Major Fund Balances
Fund
General Fund
Debt Services
Capital Projects

2011
$

2010

25,273,491
1,643,443
77,865,559

10

17,682,545
3,096,937
86,530,605

Percent
Change
43%
-47%
-10%

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

MANAGEMENTS DISCUSSION AND ANALYSIS (continued)

General Fund
General Fund revenues, expenditures, and explanations of significant increases/decreases are summarized
as follows:
Revenue
Sources
Local
State
Federal
Total

2011
$ 76,628,849
77,702,562
1,258,718
$ 155,590,129

Percent
Realized
49%
50%
1%
100%

2010
$ 79,117,346
68,801,978
1,436,457
$ 149,355,781

Increase
(Decrease)
$ (2,488,497)
8,900,584
(177,739)
$
6,234,348

Percent
Change
-3%
13%
-12%

Local revenues, which are generated primarily from property taxes, decreased by 3.15 percent relative to
the 2009-2010 school year, due to the decline in property values. The increase in State revenue resulted
from additional students and to offset the loss in local property tax revenue. Federal revenues make up
only 0.81 percent of total realized revenues. The amount of $1,258,718 represents indirect cost earned
from federal programs such as ESEA Title 1 Part A and Medicaid reimbursement for services performed
by the Special Education Department and other qualifying employees.
Expenditures for the General Fund totaled $149,065,721 an increase of 2.81% from last year.
Expenditures
2011

Function
Instruction
Instruction/Leadership
Pupil Services
Admin. Support
Support Services
Community Services
Payments to Juvenile Justice
Other Intergovernmental Charges
Total

Percent
Expended

99,793,825
6,129,716
20,432,669
3,773,366
15,887,951
103,896
15,642
2,928,656
149,065,721

67%
4%
14%
3%
11%
0%
0%
2%
100%

Expenditures
2010
$ 97,333,417
6,128,473
19,470,471
3,630,132
15,601,156
28,591
2,801,360
$ 144,993,600

Increase
(Decrease)
$

2,460,408
1,243
962,198
143,234
286,795
75,305
15,642
127,296
4,072,121

Percent
Change
3%
0%
5%
4%
2%
263%
5%

Instruction and instructional related expenditures increased by $2.5 million. This increase was largely
due to additional teachers and a salary increase for instructional staff. Pupil Services expenditures
increased by $1.0 million due to additional staff and market adjustment pay increases for counselors and
nursing staff as well as a 2.0 percent contractual rate increase for transportation and higher fuel costs.
The increase in Support Services expenditures was driven by increased costs for security and technology.
Increased spending under Community Services was for additional parent-focused programs.
Federal Awards
Federal awards are primarily grants that are restricted by law or other formal action to expenditures for
specific purposes. The District operated its school breakfast and lunch program with the assistance of
federal awards. All federal awards are subject to a budget in the grant application. Revenue from federal
sources for the breakfast and lunch program was $6,757,992. Revenues exceeded expenditures and other
uses in the school breakfast and lunch program by $138,143.

11

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

MANAGEMENTS DISCUSSION AND ANALYSIS (continued)

Internal Service Funds

These funds are used to account for the financing of goods or services provided by one department to
other departments on a cost-reimbursement basis. The operations of the workers' compensation program
and employee group health insurance plan are accounted for in these funds. The District retains a partial
risk on its workers' compensation program. Reinsurance is retained for workers compensation individual
claims of $300,000. Net operating loss for the employee group health insurance plan was $48,005. Net
operating gain for the workers' compensation program was $228,004.
Capital Assets
The majority of capital assets of the district were those used in the performance of general governmental
functions. The District has a policy of capitalizing items with a cost of over $5,000. As of August 31,
2011, general governmental capital assets of the District amounted to $308,124,867. Additional
information is available in Note 4 to the financial statements.
Capital Assets and Debt Administration
Capital Assets
As of August 31, 2011, the District had a net value of $308,124,867 in a broad range of capital assets,
including land, equipment, buildings, and vehicles.

Land
Buildings & Equipment
Construction in Progress
Net Capital Assets

2011
26,454,051
279,437,108
2,233,708
308,124,867

2010
25,081,839
277,108,433
8,039,850
310,230,122

Percent
Change
5%
1%
-72%

Capital Projects Fund

Interest earnings in the Capital Projects Fund for the 2010-2011 fiscal year was $394,607.
Long Term Debt
At the end of the year, the District had $346.2 million in bonds, which represents a 3.46 percent decrease.
The Districts bonds carry Aaa rating, because the Permanent School Fund (PSF) of Texas guarantees
the repayment of the bond issues. The Districts underlying ratings (i.e. without the PSF guarantee) is
AA- by Standard & Poors. More detailed information about the Districts debt is presented in Note 6
to the Financial Statements.
Debt Administration
The Debt Service Fund is used to account for the accumulation of resources to pay principal and interest
on general long-term debt. Revenue sources for this fund include receipts from property taxes and state
funds. The Debt Service Fund contains fund balance reserves and interest earnings on those reserves. An
excess of expenditures and other uses over revenues and other sources for the year amounted to $1.5
million resulting in a fund balance of $1.6 million.
All bonds are direct obligations of the District payable from and secured by the proceeds of a continuing,
direct annual ad valorem tax levied, subject to the Texas State Attorney General limits as to rate, against
12

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

MANAGEMENTS DISCUSSION AND ANALYSIS (continued)

all taxable property within the District. Ten building and refunding bond issues (2001, 2003, 2004,
2004A, 2005, 2005A, 2006, 2008, 2010, and 2011) remain outstanding and mature serially through the
year 2033.
The applicable debt service fund tax rate remained at $0.42/$100 for the assessed valuation for the
2010/2011 school year.
Economic Factors and Next Years Budgets and Rates

The appraised Net Taxable Value used for the 2011-2012 budget preparation is $6.8 billion or
1.5% less than the 2010-2011 values. The decreased values generated a decrease in the amount of
local tax revenue in the 2011-2012 budget compared to actual collections in the prior year in the
General Fund. The District is currently taxing at $1.04 per $100 in assessed valuation, the
maximum allowable tax rate for maintenance and operations allowed by state law without a
rollback election, which is the same tax rate used in 2010-2011.

The Districts student attendance was budgeted to increase by 350 students for a 2011-2012 total
attendance of 21,750. The student attendance rate is budgeted at 95.3%.

State aid (including $6.2 million of SFSF in 2010-11) decreased by approximately $5.0 million for
the 2011-2012 General Fund budget. The Districts budgeted state funding declined, despite
increased student attendance and decreases in property tax revenue, due to States decision to cut
funding to public education over the next 2 years.

General Fund spending per attending student for the 2011-2012 budget decreased by $228 or
3.4%.

Expenditures for the 2011-2012 General Fund budget decreased overall by $4.9 million primarily
due to eliminating positions and cutting non-payroll related costs. No pay increases were
budgeted.

If 2011-2012 budget estimates are realized, the Districts General Fund Balance is expected to
increase by approximately $2.1million.

Given the lower property values, the debt service tax rate was increased by $0.02 to $0.44 for
2011-12 in order to generate sufficient tax revenue to service the debt payments.

Contacting the Districts Financial Management

This financial report is designed to provide our citizens, taxpayers, customers, investors and creditors
with a general overview of the Districts finances as well as demonstrate accountability for funds the
District receives. Questions concerning any of the information provided in this report or requests for
additional information should be addressed to the Chief Financial Officer, Pflugerville ISD, 1401 West
Pecan Street, Pflugerville, Texas 78660.

13

(This page intentionally left blank.)

14

Basic Financial Statements

15

(This page intentionally left blank.)

16

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit A-1

STATEMENT OF NET ASSETS

August 31, 2011

Data
Control
Codes
1110
1225
1240
1250
1260
1267
1290
1300
1410
1420
1510
1580
1520
1530
1000

2110
2140
2150
2160
2180
2200
2300
2501
2502
2000

3200
3820
3840
3850
3870
3900
3000

Assets
Cash and temporary investments
Property taxes receivables, net
Due from other governments
Accrued interest
Internal balances
Due from fiduciary funds
Other receivables, net
Inventories
Deferred expenses
Capital bond and other debt issuance costs
Capital assets not subject to depreciation:
Land
Construction in progress
Capital assets net of depreciation:
Buildings and improvements, net
Furniture and equipment, net
Total Assets

Governmental
Activities

Business-type
Activities

$ 106,200,084
2,654,311
5,414,429
273,637
108,206
938
449,599
376,291
1,000,374
2,267,003

Liabilities
Accounts payable
Interest payable
Payroll deductions and withholdings
Accrued wages payable
Due to other governments
Accrued expenses payable
Unearned revenues
Noncurrent Liabilities:
Due within one year
Due in more than one year
Total Liabilities

See Notes to the Financial Statements

17

938
464,951
376,291
1,000,374
2,267,003

15,352

26,454,051
2,233,708

26,454,051
2,233,708

272,522,828
6,914,280
426,869,739

272,522,828
6,914,280
426,929,872

60,133

44,560

31,776

1,854,393
1,473,028
1,034,853
332,106
2,342,171
877,801
459,479

92,711

15,505,770
340,279,781
364,159,382

16,375

15,505,770
340,279,781
364,066,671

$ 106,353,071
2,654,311
5,414,429
273,637

(108,206)

1,809,833
1,473,028
1,034,853
315,731
2,342,171
877,801
427,703

Net Assets
Invested in capital assets, net of related debt
Restricted for:
Federal and state programs
Food service
Debt service
Campus activity
Unrestricted
Total net assets

152,987

Total

31,462,570

31,462,570

93,288
929,599
827,773
1,163,621
28,326,217
62,803,068

93,288
929,599
827,773
1,163,621
28,293,639
62,770,490

(32,578)
(32,578)

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

STATEMENT OF ACTIVITIES
For the Year Ended August 31, 2011

Data
Control
Codes
11
12
13
21
23
31
32
33
34
35
36
41
51
52
53
61
72
81
93
95
99

Functions/Programs
Governmental activities:
Instruction
Instructional resources and
media services

Program Revenue
Operating
Charges for
Grants and
Services
Contributions

Expenses
$

Curriculum and staff development

Instructional leadership
School leadership
Guidance, counseling, and
evaluation services
Social work services
Health services
Student transportation
Food service
Extracurricular activities
General administration
Facilities maintenance and operations
Security and monitoring services
Data processing services
Community services
Interest on long-term debt
Capital outlay
Payments related to shared
services arrangements
Payments to Juvenile Justice
Alternative Education Programs
Payments to Central Appraisal
District

108,337,542

1,080,738

14,860,483

3,196,747

65,284

981,910

6,099,548
2,456,580
10,159,941

16,183
381
213,571

2,091,624
754,790
5,960,258

6,588,865
475,137
1,828,229
7,466,658
11,457,443
6,651,685
3,840,998
13,208,973
2,383,226
3,767,644
251,683
17,453,765
13,136

109,117

519,467
91,106
1,106,663
136,371
6,748,799
226,606
365,682
554,577
14,790
84,994
147,272

1,575
398
3,814,485
1,441,675
2,409
453,453
7,088
7,946

2,505,714

141,065

15,642
564,007

TG

Total governmental activities

208,723,163

7,214,303

01
TB
TP

Business-type activities:
Extended Day Program
Total business-type activities
Total primary government

211,715
211,715
208,934,878

179,137
179,137
7,393,440

34,786,457

Data
Control
Codes

MT
DT
SF
IE
MI
TR

General revenues:
Taxes:
Property taxes, levied for general purposes
Property taxes, levied for debt service
State-aid formula grants
Investment earnings
Miscellaneous
Total general revenues and transfers

CN

Change in net assets

NB

Net assets - beginning

NE

Net assets - ending

See Notes to the Financial Statements

18

34,786,457

Exhibit B-1

Net (Expense) Revenue and Changes in Net Assets

Primary Government
Governmental
Activities
$

Business-type
Activities

(92,396,321)

Total
$

(2,149,553)

(2,149,553)

(3,991,741)
(1,701,409)
(3,986,112)

(3,991,741)
(1,701,409)
(3,986,112)

(5,960,281)
(384,031)
(719,991)
(7,329,889)
(894,159)
(4,983,404)
(3,472,907)
(12,200,943)
(2,361,348)
(3,682,650)
(96,465)
(17,453,765)
(13,136)

(5,960,281)
(384,031)
(719,991)
(7,329,889)
(894,159)
(4,983,404)
(3,472,907)
(12,200,943)
(2,361,348)
(3,682,650)
(96,465)
(17,453,765)
(13,136)

(2,364,649)

(2,364,649)

(15,642)

(15,642)

(564,007)

(564,007)

(166,722,403)

(166,722,403)

(32,578)
(32,578)
(32,578)

(166,722,403)

(32,578)
(32,578)
(166,754,981)

74,151,360
29,893,334
70,295,035
493,138
557,567
175,390,434

74,151,360
29,893,334
70,295,035
493,138
557,567
175,390,434
(32,578)

8,668,031

8,635,453

54,135,037
$

(92,396,321)

62,803,068

54,135,037
$

(32,578)

62,770,490

19

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

BALANCE SHEET
GOVERNMENTAL FUNDS
August 31, 2011

Data
Control
Codes

General Fund

Debt Service
Funds

Capital Projects
Fund

$ 21,847,056

$ 2,695,644

1220
1230
1240
1250
1260
1290
1300
1410
1000

Assets
Cash and temporary investments
Receivables:
Delinquent Property taxes receivables
Allowance for uncollectible taxes (credit)
Receivables from other governments
Accrued interest
Due from other funds
Other receivables
Inventories, at cost
Prepaids
Total Assets

5,395,963
(3,455,645)
2,772,528
116,125
2,554,394
279,144
268,198
788,398
$ 30,566,161

2110
2150
2160
2170
2180
2200
2300
2000

Liabilities and Fund Balance

Liabilities:
Accounts payable
Payroll deduction and withholdings
Accrued wages payable
Due to other funds
Payable to other governments
Accrued expenses
Deferred revenues
Total Liabilities

$ 1,032,477
1,038,589
312,111
83,179
1,023,906
145
1,802,263
5,292,670

1110

3410
3430
3450
3470
3480
3545
3590
3600
3000
4000

Fund Balance:
Nonspendable:
Investment in inventories
Prepaid items
Restricted:
Grant Funds
Capital acquisitions and contractual obligations
Debt service
Committed:
Other committed
Assigned:
Other assigned
Unassigned
Total fund balances
Total Liabilities and Fund Balances
See Notes to the Financial Statements.

20

77,846,927

2,086,953
(1,372,960)
153,778
77,072

13,570

$ 3,486,709

107,870
78,122,145

247,641

2,295
1,185,907
6,650
657,359
1,843,266

256,586

268,198
788,398

107,870

77,757,689
1,643,443

10,548
24,206,347
25,273,491
$ 30,566,161

1,643,443
$ 3,486,709

77,865,559
78,122,145

Exhibit C-1

Other
Governmental
Funds

Total
Governmental
Funds

$ 104,900,973

2,511,346

2,534,033

73,711
67,968
108,093
70,974
5,366,125

387,825

425,525
3,179,617

1,667,943
1,038,589
315,731
2,315,763
2,342,171
6,795
2,885,147
10,572,139

108,093
59,723

376,291
955,991

808,623

808,623
77,757,689
1,643,443

1,210,069

1,210,069

2,186,508
5,366,125

10,548
24,206,347
106,969,001
$ 117,541,140

3,620
2,230,289
132,358

7,482,916
(4,828,605)
5,306,561
269,903
2,628,105
437,754
376,291
967,242
$ 117,541,140

21

(This page intentionally left blank.)

22

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit C-2

RECONCILIATION OF BALANCE SHEET FOR GOVERNMENTAL FUNDS TO

STATEMENT OF NET ASSETS
August 31, 2011
Data
Control
Codes

Total fund balance, governmental funds

106,969,001

Amounts reported for governmental activities in the statement of net assets (A1) are different because:
1

Capital assets used in governmental activites are not financial resources and
therefore are not reported as assets in governmental funds. Capital assets at
historical cost, net of accumulated depreciation, where applicable

308,124,867

Property taxes receivable have been levied and are due this year, but are not
available soon enough to pay for the current period's expenditures, these property
taxes and related penalty and interest amounts (net of allowance for uncollectible
accounts).

2,457,442

Bond issuance costs are not financial resources and, therefore, are not reported as
assets in governmental funds. These costs are to be amortized over the life of the
bonds.

2,267,003

4
5
6
7
8

Long-term liabilities, including bonds payable, are not due and payable in the
current period, and therefore are not reported as liabilities in the funds. Longterm liabilities at year end consist of:
General obligation bonds
Premiums on issuance
Deferred loss on refunding
Accrued compensated absences
Accrued interest payable

Addition of Internal Service fund net assets

19

Total net assets - governmental activities

(346,240,000)
(13,574,211)
5,286,355
(1,257,695)
(1,473,028)
243,334
$

See Notes to the Financial Statements.

23

62,803,068

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES
IN FUND BALANCE - GOVERNMENTAL FUNDS
For the Year Ended August 31, 2011

Data
Control
Codes
5700
5800
5900
5020

General Fund
Revenues
Local, intermediate, and out-of-state
State program revenues
Federal program revenues
Total revenues

$ 76,628,849
77,702,562
1,258,718
155,590,129

Debt Service
Funds

Capital
Projects Fund

$ 30,064,907
62,649

30,127,556

394,607

394,607

0093
0095
0099
6030
1100

Expenditures
Current:
Instruction
Instruction resources and media services
Curriculum and instructional staff development
Instructional leadership
School leadership
Guidance, counseling and evaluation services
Social work services
Health services
Student transportation
Food services
Extracurricular activities
General administration
Facilities maintenance and operations
Security and monitoring services
Data processing services
Community services
Debt service:
Principal on long-term debt
Interest on long-term debt
Bond issuance costs and fees
Capital outlay:
Facilities acquisition and construction
Intergovernmental:
Payments related to shared services arrangements
Payments to Juvenile Justice Alt. Ed. Prgm.
Payments to Central Appraisal District
Total Expenditures
Excess (deficiency) of revenues over expenditures

7911
7912
7915
7916
8911
8949
7080

Other Financing Sources (Uses)

Issuance of bonds
Sale of real or personal property
Transfers in
Premium or discount on issuance of bonds
Transfers out
Payments to refunded bonds escrow agent
Total Other Financing Sources (Uses)

1,079,388

(24,852,888)
269,738

8912
1200

Special Item
Special items (use)
Net change in fund balances

(12,850)
7,590,946

(1,453,494)

(8,665,046)

0100

Fund Balance - beginning

3,096,937

86,530,605

3000

Fund Balance - ending

1,643,443

$ 77,865,559

0011
0012
0013
0021
0023
0031
0032
0033
0034
0035
0036
0041
0051
0052
0053
0061
0071
0072
0073
0081

93,602,963
1,957,548
4,233,314
1,800,048
4,329,668
6,091,987
405,607
1,820,486
7,290,374
94,488
4,729,727
3,773,366
11,416,995
2,116,919
2,354,037
103,896

1,179,498
31,270
4,228
6,087
1,460
586

6,535
2,000
1,258,071
1,695,165
1,195,361

11,784,934
19,789,263
276,591
3,679,392
2,364,649
15,642
564,007
149,065,721
6,524,408

31,850,788
(1,723,232)

9,059,653
(8,665,046)

23,655,000
5,478
1,073,910
1,467,626

17,682,545
$ 25,273,491

See Notes to the Financial Statements.

24

Exhibit C-3

Other
Governmental
Funds

Total
Governmental
Funds

5,892,105
2,475,985
23,359,366
31,727,456

$ 112,980,468
80,241,196
24,618,084
217,839,748

9,803,548
900,038
1,881,421
655,765
5,605,359
279,785
67,966
11,476
131,134
10,439,032
976,132
4,654
299,279
6,346
8,101
147,787

104,586,009
2,888,856
6,118,963
2,455,813
9,941,114
6,373,232
473,573
1,832,548
7,421,508
10,533,520
5,712,394
3,780,020
12,974,345
3,818,430
3,557,499
251,683
11,784,934
19,789,263
276,591
3,679,392

141,065

31,358,888
368,568

2,505,714
15,642
564,007
221,335,050
(3,495,302)

(1,073,910)
(6,308)
(1,080,218)

23,655,000
5,478
1,073,910
1,467,626
(1,073,910)
(24,859,196)
268,908

(711,650)

(12,850)
(3,239,244)

2,898,158

110,208,245

2,186,508

$ 106,969,001

25

Exhibit C-4

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES, AND
CHANGES IN FUND BALANCE OF GOVERNMENTAL FUNDS TO THE STATEMENT
OF ACTIVITIES
For the Year Ended August 31, 2011

Data
Control
Codes
Net change in fund balances - total governmental funds (from C-3)

(3,239,244)

Amounts reported for governmental activities in the statement of activities (B-1) are different
because:
1

Governmental funds report capital outlays as expenditures. However, in the statement of

activities, the cost of those assets is allocated over their estimated useful lives as depreciation
expense. This is the amount by which capital outlays exceeded depreciation in the current period.
Capitalized expenditures reclassified to assets.
Depreciation expense taken to Statement of Activities.

6,405,164
(8,474,973)

Governmental funds report the entire net sales price (proceeds) from sale of an asset as revenue
because it provides current financial resources. In contrast, the Statement of Activities reports
only the gain on the sale of the assets. Thus, the change in net assets differs from the change in
fund balance by the cost of the asset sold.

(35,445)

Property tax revenues in the statement of activities that do not provide current financial resources
are not reported as revenues in the funds.

(438,562)

Repayment of bond principal is an expenditure in the governmental fund, but the repayment
reduces long-term liabilities in the statement of net assets.

11,784,934

Payment to escrow agent for refunding.

24,852,888

Proceeds from issuance of long-term debt is reported as an other financing source in the
governmental funds. In the government-wide financial statements, proceeds are treated as an
increase in long-term liabilities.

Premium received from issuance of long-term debt.

Bond issuance costs paid during the current year will be amortized over the life of the bonds.

(23,655,000)
(1,467,626)
268,172

Some expenses reported in the statement of activities do not require the use of current financial
resources and therefore are not reported as expenditures in governmental funds:
9

Increase in interest payable not recognized in fund statements.

10

Decrease in long-term portion of accrued compensated absences.

11

Accreted interest on capital appreciation bonds and amortization of bond issuance costs.

12

(723,936)
143,807
3,067,853

Internal service funds are used by management to charge the costs of certain activities, such as
insurance and telecommunications, to individual funds. The net revenue (expense) of the internal
service funds is reported with governmental activities (see D-2).
Change in net assets of governmental activities

179,999
$

See Notes to the Financial Statements.

26

8,668,031

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit D-1

STATEMENT OF NET ASSETS

PROPRIETARY FUNDS
For the Year Ended August 31, 2011

Data
Control
Codes

1250
1290
1410
1000

Assets
Current assets:
Cash and cash equivalents
Temporary investments, at fair value
Receivables:
Accrued interest receivable
Other receivables
Prepaids
Total Assets

2110
2160
2170
2200
2300
2000

Liabilities
Current liabilities:
Accounts payable
Accrued wages payable
Due to other funds
Accrued expenses
Deferred revenue
Total Liabilities

3900
3000

Net Assets
Unrestricted net assets
Total Net Assets

1110
1120

Business-type
Activities

Governmental
Activities

Enterprise Fund
- Extended Day
Program

Total Internal
Service Funds

152,987

168,339

3,734
11,845
141,000
1,455,690

44,560
16,375
108,206

138,152

15,352

203,196
871,006

31,776
200,917

See Notes to the Financial Statements.

27

1,258,408
40,703

(32,578)
(32,578)

1,212,354

243,336
243,336

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit D-2

STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET ASSETS

PROPRIETARY FUNDS
For the Year Ended August 31, 2011

Data
Control
Codes
5737
5739
5754
5020

Operating Revenues
Registration fees
Tuition
Interfund services provided and used
Total operating revenues

6100
6200
6300
6400
6030

Operating Expenses
Payroll costs
Purchased and contracted services
Supplies and materials
Claims expense and other operating expenses
Total Operating Expenses

1200

7020
5749

Business-type
Activities

Governmental
Activities

Enterprise
Fund Extended Day
Program

Total Internal
Service Funds

92,393
3,215
112,796
3,311
211,715

0100
3300

Net Assets - beginning

Net Assets - ending

1,059,096
6,535,087
7,594,183

(32,591)

Non-Operating Revenues (Expenses)

Earnings - temporary deposits and investments
Miscellaneous revenue
Total Nonoperating Revenues
Change in Net Assets

7,770,496
7,770,496

179,124

Operating Income (Loss)

1200

55,474
123,650

176,313

3,686
13
13

3,686

(32,578)

See Notes to the Financial Statements.

28

(32,578)

179,999

63,337
243,336

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit D-3

STATEMENT OF CASH FLOWS

PROPRIETARY FUNDS
Year Ended August 31, 2011

Increase (Decrease) in Cash and Cash Equivalents

Cash Flows from Operating Activities:
Cash receipts from interfund services provided
Cash receipts from local sources
Cash payments to suppliers for goods and services
Cash payments to employees
Net Cash Provided by (Used for) Operating Activities

Business-type
Activities
Enterprise
Fund Extended Day
Program

Governmental
Activities

Total Internal
Service Funds

195,548
(74,762)
(76,018)
44,768

Cash Flows from Non-Capital Financing Activities:

Advances from other funds
Net Cash Provided by (Used for) Non-Capital Financing Activities
Cash Flows from Investing Activities:
Investment proceeds (net)
Interest on investments
Net Cash Provided by Investing Activities

7,764,538
(7,416,218)
348,320

108,206
108,206

103,578
103,578

13
13

22,305
186
22,491

Net Increase in Cash and Cash Equivalents

Cash and Cash Equivalents at Beginning of Year
Cash and Cash Equivalents at End of Year

152,987
$

152,987

474,389
784,019
1,258,408

Reconciliation to Balance Sheet

Cash and Cash Equivalents Per Cash Flow

152,987

1,258,408

152,987

1,258,408

(32,591)

176,313

Cash and Cash Equivalents per Balance Sheet

Reconciliation of Operating Income to Net Cash
Provided by Operating Activities
Operating Income (Loss)
Change in Assets and Liabilities
Decrease (increase) in Receivables
Decrease (increase) in Prepaids
Increase (decrease) in Accounts Payable
Increase (decrease) in Accrued Expenses
Increase (decrease) in Accrued Wages Payable
Increase (decrease) in Deferred Revenue

(15,352)

(5,959)
(141,000)
120,357
198,609

44,560
16,375
31,776

Net Cash Provided by (Used for) Operating Activities

See Notes to the Financial Statements.

29

44,768

348,320

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit E-1

STATEMENT OF FIDUCIARY NET ASSETS

August 31, 2011

Data
Control
Codes
1110
1120

PrivatePurpose
Trust Fund
Assets
Cash and cash equivalents
Investments
Total Assets

2110
2170
2190
2000

Liabilities
Accounts payable
Due to other funds
Due to others
Total Liabilities

3800

Net Assets
Restricted net assets

See Notes to the Financial Statements.

30

Agency
Fund

42,700
244,728
287,428

274,368

274,368

1,250

1,250

1,089
940
272,339
274,368

286,178

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit E-2

STATEMENT OF CHANGES IN FIDUCIARY NET ASSETS

For the Year Ended August 31, 2011

Private Purpose
Trust Fund
Additions
Gifts and contributions
Total contributions
Investment earnings
Interest
Total investment earnings
Total Additions

4,271
4,271
359
359
4,630

Deductions
Miscellaneous expense
Total deductions

8,769
8,769

Change in net assets

(4,139)
290,317

Net assets - beginning of year

Net assets - end of year

See Notes to the Financial Statements.

31

286,178

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit F-1

NOTES TO THE FINANCIAL STATEMENTS

Note 1 - Summary of Significant Accounting Policies
Reporting Entity
The Pflugerville Independent School District (District) is governed by a seven-member Board of Trustees
(Board), which has governance responsibilities over all activities related to public elementary and
secondary education within the District. Because members of the Board are elected by the public; have
authority to make decisions; appoint management and significantly influence operations; and have
primary accountability for fiscal matters; the District is not included in any other governmental reporting
entity. The accompanying financial statements present the District. There are no component units, which
are entities the District is considered to be financially accountable, included within the reporting entity.
The District receives funding from local, state and federal government sources and must comply with the
requirements of these funding source entities.
Government-wide and Fund Financial Statements
The government-wide financial statements (i.e., the statement of net assets and the statement of activities)
report information on all of the non-fiduciary activities of the District. For the most part, the effect of
interfund activity has been removed from these statements. Governmental activities, which are supported
by taxes and intergovernmental revenues, are reported separately from business-type activities which rely
on fees and charges for support.
The statement of activities demonstrates the degree to which the direct expenses of a given function or
segment are offset by program revenues. Direct expenses are those that are clearly identifiable with a
specific function or segment. Program revenues include 1) charges to students or users who purchase,
use, or directly benefit from goods, services, or privileges provided by a given function or segment and 2)
grants and contributions that are restricted to meeting the operational or capital requirements of a
particular function or segment. Taxes and other items not properly included among program revenues are
reported instead as general revenues.
Separate financial statements are provided for governmental funds, proprietary funds and fiduciary funds,
even though the latter are excluded from the government-wide financial statements. Major individual
governmental funds are reported as separate columns in the fund financial statements.
Measurement Focus, Basis of Accounting, and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus
and the accrual basis of accounting, as are the proprietary and fiduciary fund financial statements.
Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of
the timing of related cash flows. Property taxes are recognized as revenues in the year for which they are
levied. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed
by the provider have been met.

32

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

NOTES TO THE FINANCIAL STATEMENTS

Exhibit F-1
(continued)

Note 1 - Summary of Significant Accounting Policies (continued)

Measurement Focus, Basis of Accounting, and Financial Statement Presentation (continued)
Governmental fund financial statements are reported using the current financial resources measurement
focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both
measurable and available. Revenues are considered to be available when they are collectible within the
current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the
District considers revenues to be available if they are collected within 60 days of the end of the current
fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual
accounting. However, debt service expenditures, as well as expenditures related to claims and judgments,
are recorded only when payment is due.
Property taxes and grant revenues and interest associated with the current fiscal period are all considered
to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. All
other revenue items are considered to be measurable and available only when cash is received by the
District.
The District reports the following major governmental 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 another fund.
The debt service fund accounts for the resources accumulated and payments made for principal and
interest on long-term general obligation debt of governmental funds.
The capital projects fund is used to account for proceeds from sales of bonds and other revenues to
be used for authorized construction and other capital asset acquisitions.
Additionally, the District reports the following fund types:
The special revenue funds are used to account for resources restricted to, or designated for specific
purposes by a grantor. Federal and state financial assistance generally is accounted for in a special
revenue fund. Generally, unused balances are returned to the grantor at the close of the specified project
periods. With respect to the food service and campus activity funds, funds are rolled over from year to
year for use in the program.
The internal service funds are used to account for the operations of the Districts self-funded workers
compensation and employee group health insurance plans.
The agency fund is used to account for assets held by the District as an agent for student organizations.
The fund is custodial in nature (assets equal liabilities) and does not involve measurement of results of
operation.
Private purpose trust funds are used to account for resources legally held in trust under which principal
and income benefit individuals, private organizations or other governments. The Districts privatepurpose trust funds represent scholarship funds being held in trust for students.
As a general rule, the effect of interfund activity has been eliminated from the government-wide financial
statements.

33

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

NOTES TO THE FINANCIAL STATEMENTS

Exhibit F-1
(continued)

Note 1 - Summary of Significant Accounting Policies (continued)

Measurement Focus, Basis of Accounting, and Financial Statement Presentation (continued)
Amounts reported as program revenues include 1) charges to students or users for goods, services, or
privileges provided and 2) operating grants and contributions. Internally dedicated resources are reported
as general revenues rather than as program revenues. Likewise, general revenues include all taxes and
investment income.
Proprietary funds distinguish operating revenues and expenses from non-operating items. Operating
revenues and expenses generally result from providing services and producing and delivering goods in
connection with a proprietary fund's principal ongoing operations. The principal operating revenues of
the District's internal service fund are workers compensation insurance premiums to participate in the
workers compensation program. Operating expenses for the internal service fund include the cost of
services and administrative expenses. All revenues and expenses not meeting this definition are reported
as non-operating revenues and expenses.
When both restricted and unrestricted resources are available for use, it is the District's policy to use
restricted resources first, then unrestricted resources as they are needed. When an expenditure is incurred
for which committed, assigned, or unassigned fund balances are available, the District considers amounts
to have been spent first out of committed funds, then assigned funds, and finally unassigned funds.
Beginning with fiscal year 2011, the District implemented GASB Statement No. 54 Fund Balance
Reporting and Governmental Fund Type Definitions.This Statement provides more clearly defined fund
balance categories to make the nature and extent of the constraints placed on a governments fund
balances more transparent. The following classifications describe the relative strength of the spending
constraints:
Nonspendable fund balance - amounts that are not in spendable form or are required to be maintained
intact. As such, the inventory and prepaid items have been properly classified in the Governmental Funds
Balance Sheet (Exhibit C-1).
Restricted fund balance - Amounts that can be spent only for specific purposes because of local, state or
federal laws, or externally imposed conditions by grantors or creditors.
Committed fund balance - amounts constrained to specific purposes by the District itself, using its highest
level of decision-making authority (i.e. the Board of Trustees). To be reported as committed, amounts
cannot be used for any other purposes unless the District takes the same highest level of action to remove
or change the constraint. The District establishes (and modifies or rescinds) fund balance commitments by
passage of a resolution. The District has committed fund balance in the Campus Activity Fund in the
amount of $1,116,781 and for special local grants in the Special Projects Fund in the amount of $93,288.
Assigned fund balance - amounts the District intends to use for a specific purpose. The Superintendent or
designee may assign fund balance. An assigned fund balance shall mean that portion of the fund balance
that is spendable or available for appropriation but is tentatively earmarked for some specific purpose.
The assigned intent may change over time. The District has assigned $10,548 in the General Fund.
Unassigned fund balance - amounts that are available for any purpose. Positive amounts are reported only
in the general fund.

34

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

NOTES TO THE FINANCIAL STATEMENTS

Exhibit F-1
(continued)

Note 1 - Summary of Significant Accounting Policies (continued)

Deposits and Investments
The District's cash and cash equivalents are considered to be cash on hand, demand deposits, certificates
of deposit, investment pools and short-term investments with original maturities of three months or less
from the date of acquisition.
Investments for the District are reported at fair value based on quoted market prices at August 31, 2011.
The investment pools operate in accordance with appropriate state laws and regulations. The reported
value of the pools is the same as the fair value of the pool shares.
Receivables and Payables
Activity between funds that are representative of lending/borrowing arrangements outstanding at the end
of the fiscal year are referred to as either "due to/from other funds" (i.e., the current portion of interfund
loans) or "advances to/from other funds" (i.e., the non-current portion of interfund loans). All other
outstanding balances between funds are reported as "due to/from other funds."
Property tax receivables, including unpaid property taxes, at year-end are shown net of an allowance for
uncollectibles. The property tax receivable allowance is based on historical experience in collecting
taxes. Revenues from property taxes are recognized when levied to the extent they are available. The
District considers property taxes as available if they are collected within 60 days of the end of the current
fiscal period. However, not all outstanding property taxes are expected to be collected within one year of
the date of the financial statements. Property values are determined by the Travis Central Appraisal
District as of January 1 of each year. Prior to September 1 of each year, the District must adopt its annual
budget and as soon thereafter as practicable, shall adopt a tax rate thus creating the tax levy. Property
taxes for the current calendar year are levied on approximately October 1 of each year and are payable by
January 31 of the following year. Property tax receivables are recorded as of the date levied. Unpaid
taxes become delinquent on February 1 and a tax lien on real property is created as of July 1 of each year.
Inventories and Prepaid items
Inventories consisting of supplies and materials are valued at weighted average cost and they include
maintenance, transportation, office and instructional supplies, and food service commodities. Inventories
are recorded under the consumption method. Inventories funds are recorded as expenditures when
consumed rather than when purchased. Food service commodity inventory is recorded at fair market
value on the date received. Commodities are recognized as revenues in the period received when all the
eligibility requirements are met. Commodity inventory items are recorded as expenditures when
distributed to user locations. A portion of fund balance is classified as non-spendable to reflect minimum
inventory quantities considered necessary for the Districts continuing operations.
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as
prepaid items in both government-wide and fund financial statements.

35

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

NOTES TO THE FINANCIAL STATEMENTS

Exhibit F-1
(continued)

Note 1 - Summary of Significant Accounting Policies (continued)

Capital Assets
Capital assets, which include land, construction in progress, buildings and improvements and furniture
and equipment, are reported in the governmental column in the government-wide financial statements.
Capital assets are defined by the District as assets with an initial, individual cost that equals or exceeds
$5,000 and an estimated useful life in excess of one year. Such assets are recorded at historical cost or
estimated historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair
market value at the date of donation.
The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend
assets lives are not capitalized.
Major outlays for capital assets and improvements are capitalized as projects are constructed.
Buildings and improvements, and furniture and equipment of the District are depreciated using the
straight-line method over the following estimated useful lives:

Buildings and Improvements

Furniture and Equipment

Years
15-60
7-25

Compensated Absences
The State of Texas has created a minimum sick leave program consisting of five days per year sick leave
with no limit on accumulation and transferability among districts for every eligible employee regularly
employed in Texas public schools. Each districts local Board of Education is required to establish a sick
leave plan. Local school districts may provide additional sick leave beyond the state minimum.
Through August 31, 2011, any employee with four or more full creditable years of experience in the
District shall be paid for the number of unused local sick days upon separation from the District. An
employee must have at least 22 unused local sick leave days remaining at separation in order to qualify
for this benefit. The District will pay a maximum of 50 days. Beginning September 1, 2011, only
employees who meet these requirements and are retiring will receive this benefit. All other employees
will not receive any benefit associated with unused local sick leave days when they separate from the
District.
Long-term Obligations
In the government-wide financial statements, long-term debt and other long-term obligations are reported
as liabilities in the governmental activities column. Bond premiums and discounts, as well as issuance
costs, are deferred and amortized over the life of the bonds using the bonds outstanding method, which
approximates the effective interest method. Bonds payable are reported net of the applicable bond
premium or discount. Bond issuance costs are reported as deferred charges and amortized over the term
of the related debt.

36

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

NOTES TO THE FINANCIAL STATEMENTS

Exhibit F-1
(continued)

Note 1 - Summary of Significant Accounting Policies (continued)

Long-term Obligations (continued)
In the fund financial statements, governmental fund types recognize bond premiums and discounts, as
well as bond issuance costs, during the current period. The face amount of debt issued is reported as
other financing sources. Premiums received on debt issuances are reported as other financing sources
while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not
withheld from the actual debt proceeds received, are reported as debt service expenditures.
Fund Equity
In the fund financial statements, governmental funds report categories of fund balance for amounts that
are not available for appropriation or are legally restricted by outside parties for use for a specific
purpose. The goal for the operating fund shall be an unrestricted fund balance at a minimum between 45
and 60 days of operations. The goal for the debt service funds shall be at a level adequate to meet bonded
debt obligations.
Data Control Codes
The Data Control Codes refer to the account code structure prescribed by the Texas Education Agency
(TEA) in the Financial Accountability System Resource Guide. TEA requires school districts to display
these codes in the financial statements filed with the Agency in order to ensure accuracy in building a
statewide database for policy development and funding plans.
Use of Estimates
The presentation of financial statements, in conformity with generally accepted accounting principles,
requires management to make estimates and assumptions that affect the reported amounts of assets and
liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the
reported amounts of revenues and expenditures during the reporting period. Actual results could differ
from those estimates.
Note 2 - Deposits and Investments
Cash Deposits
The District's funds are required to be deposited and invested under the terms of a depository contract
pursuant to the Texas School Depository Act. The depository bank pledges securities which comply with
state law and these securities are held for safekeeping and trust with the District's and the depository
banks agent bank. The pledged securities are approved by the Texas Education Agency and shall be in
an amount sufficient to protect District funds on a day-to-day basis during the period of the contract. The
pledge of approved securities is waived only to the extent of the depository bank's dollar amount of
Federal Deposit Insurance Corporation (FDIC) insurance.

37

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit F-1
(continued)

NOTES TO THE FINANCIAL STATEMENTS

Note 2 - Deposits and Investments (continued)
Investments

The Districts investment policy is in accordance with the Public Funds Investment Act, the Public Funds
Collateral Act, and federal and state laws. The District further limits its investments to obligations of the
U.S. Treasury or the State of Texas, certain U.S. Agencies, certificates of deposit, collateralized mortgage
obligations, no-load money market mutual funds, certain municipal securities, repurchase agreements, or
investment pools.
For fiscal year 2011, the District invested in certificates of deposit, Texas Association of School Boards
Lone Star Investment Pool and Texas Cooperative Liquid Assets Securities System Trust (Texas
CLASS). Lone Star and Texas CLASS operate in a manner consistent with the Security and Exchange
Commissions Rule 2a-7 of the Investment Company Act of 1940. As such, Lone Star and Texas CLASS
use amortized cost to report net assets and share prices, since those amounts approximate fair value. Lone
Star Investment Pool is duly chartered by the State of Texas Interlocal Cooperation Act, is administered
by First Public, LLC, and managed by Standish Mellon and American Beacon Advisors. The Bank of
New York is the custodial bank. Lone Star Investment Pool is restricted to invest in obligations of the
United States or its agencies and instrumentalities; other obligations insured by the United States; fully
collateralized repurchase agreements having a defined termination date, secured by obligations described
previously; and SEC-registered no-load money market mutual funds, the assets which consist exclusively
of the obligations described above. Texas CLASS) is a local government investment pool organized
under the authority of the Interlocal Cooperation Act, chapter 791, Texas Government Code, and the
Public Funds Investment Act, chapter 2256, Texas Government Code. Texas CLASS was established in
1996. Pursuant to the Trust Agreement, Texas CLASS is supervised by a Board of Trustees who are
elected by the Participants. The Board of Trustees supervises the Trust and its affairs and acts as the
liaison between the Participants, the Custodian and the Program Administrator. Cutwater Investor
Services Corp. serves as Program Administrator. Cutwater Investor Services Corp. is a subsidiary of
Cutwater Asset Management. It maintains a Net Asset Value of approximately $1 per share.
At year-end, the Districts cash and investments balances and the weighted average maturity of these
investments were as follows:

Carrying
Value
Cash and deposits

Investments
Certificates of Deposit
Local Government Investment Pools
Lone Star
Texas CLASS Pool
Total Investments
Total Cash and Investments

38

Weighted
Average
Maturity (Days)

59,331,892

N/A

45,500,000

195

1,829,035
253,940
47,582,975
106,914,867

38
40

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit F-1
(continued)

NOTES TO THE FINANCIAL STATEMENTS

Note 2 - Deposits and Investments (continued)
Interest Rate Risk

Interest rate risk is the risk that changes in interest rates may adversely affect the value of the investments.
The Districts investment policy limits the maturities of investments and prohibits any investment for
speculative gains. Unless matched to a specific cash flow or specifically authorized by the Board, the
District will not directly invest in securities maturing more than 24 months from the date of purchase. In
no case will securities with a maturity of greater than 12 months exceed 50 percent of the total portfolio.
The District recognizes that investment risk can result from market price changes. Investment officers are
expected to display prudence, discretion, and intelligence in the selection of securities, as a way to
minimize risk. Investments of the District shall be selected in a manner that seeks to ensure the
preservation of capital in the overall portfolio.
At August 31, 2011, the Districts exposure to interest rate risk as measured by the segmented time
distribution by investment type is summarized below:

Certificates of Deposit
Local Government Investment Pools
Lone Star
Texas CLASS Pool

Carrying
Value
$
45,500,000

1,829,035
253,940
47,582,975

Fair
Value
45,500,000

1,829,035
253,940
47,582,975

Investment Maturities
in Years
Less than 1
1-5
$ 30,000,000
$
15,500,000

1,829,035
253,940
32,082,975

15,500,000

Credit Risk
State law and the Districts investment policy limits investments in all categories to top ratings issued by
nationally recognized statistical rating organizations. As of August 31, 2011, the Districts investments
had the following ratings:

Certificates of Deposit
Local Government Investment Pools
Lone Star
Texas CLASS Pool

Carrying
Value
$
45,500,000

39

1,829,035
253,940
47,582,975

Fair
Value
45,500,000

1,829,035
253,940
47,582,975

Rating
Not Rated
AAA
AAAm

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit F-1
(continued)

NOTES TO THE FINANCIAL STATEMENTS

Note 2 - Deposits and Investments (continued)
Custodial Credit Risk

The investments of the District shall be held by an independent third party with whom the District has a
current custodial agreement. The District shall retain clearly marked receipts providing proof of the
Districts ownership. The District may delegate to an investment pool the authority to hold legal title as
custodian of investments purchased with the District funds.
The Districts funds on deposit with the depository bank were either fully-insured by the Federal Deposit
Insurance Corporation or collateralized with securities held by the District or its agent and listing the
District as owner.
All investments are made in the name of the Pflugerville Independent School District. All investments
were purchased with the delivery versus payment method and are recorded at the Districts name on the
Federal Reserves book entry system and confirmed to the District via safekeeping receipt maintained on
the books of the depository banks safekeeping department.
Concentration of Credit Risk
The Districts investment policy requires the investment portfolio to be diversified in terms of investment
instruments, maturity scheduling, and financial institutions in order to reduce the risk of loss resulting
from over-concentration of assets in a specific class of investments, specific maturity, or specific issuer.
The asset mix of the Districts portfolio is expressed in terms of maximum commitment so as to allow
sufficient flexibility to take advantage of market considerations within the context of its investment
policy. The asset mix requirements are as follows:
U.S. Treasury Obligations
Public Funds Investment Pools

25% (maximum)
100% (maximum)

No issuer of U.S. government securities or a single public funds investment pool will comprise more than
75 percent of the Districts investment portfolio. The District does not invest its portfolio in one
investment pool. Funds are divided between four pools for diversification and security reasons.
As of August 31, 2011, the following was the composition of the Districts investment portfolio:
Lone Star Investment Pool
Texas CLASS Pool
Certificates of Deposit

4%
1%
96%

The fair value of the investments in U.S. Government agency securities is based on quoted market prices.
The investments are reported by the District at fair value. The amount of decrease in the fair value of
these investments during the year ended August 31, 2011, is included in investment earnings as follows:
Investment earnings
Net increase (decrease) in investment values
Total Investment earnings

40

493,497

493,497

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit F-1
(continued)

NOTES TO THE FINANCIAL STATEMENTS

Note 3 - Receivables

Receivables as of year-end for the District's individual major and non-major funds in the aggregate,
including the applicable allowances for uncollectible accounts, are as follows:

Property Taxes
Due from other governments
Interest
Other
Gross Receivables

General Fund
$ 5,395,963
2,772,528
116,125
279,144
8,563,760

Less allowance for doubtful accounts

Net Total Receivables

(3,455,645)
5,108,115

Debt Service
Funds
$ 2,086,953

Capital Projects
Fund
$

77,072
2,164,025

153,778
13,570
167,348

(1,372,960)
791,065

Other
Governmental
Funds
$
2,534,033

67,968
2,602,001

167,348

2,602,001

Total
7,482,916
5,306,561
269,903
437,754
13,497,134
(4,828,605)
8,668,529

Governmental funds report deferred revenue in connection with receivables for revenues that are not
considered to be available to liquidate liabilities of the current period or in connection with resources that
have been received, but not yet earned. At the end of the current fiscal year, the various components of
deferred revenues reported in the governmental funds were as follows:

Delinquent property taxes receivable (General Fund)

Delinquent property taxes receivable (Debt Service Fund)
Advanced collection of fees
Grant funds received prior to meeting all eligibility requirements

Unavailable
1,800,083
657,359

2,457,442

Unearned
$
2,180
425,525
427,705

Note 4 - Capital Assets

The Districts capital asset activity for the year ended August 31, 2011 is as follows:
Balance
August 31, 2010
Capital assets, not being depreciated:
Land
Construction in progress
Total Capital assets, not being depreciated
Capital assets, being depreciated:
Buildings and improvements
Furniture and equipment
Total Capital assets, being depreciated
Less accumulated depreciation for:
Buildings and improvements
Furniture and Equipment
Total Acumulated depreciation
Governmental Capital Assets

25,081,839
8,039,850
33,121,689

(Retirements)
and Transfers

Additions
$

1,373,667
1,980,903
3,354,570

(1,455)
(7,787,045)
(7,788,500)

Balance
August 31, 2011
$

26,454,051
2,233,708
28,687,759

342,179,856
18,579,638
360,759,494

399,906
2,650,687
3,050,593

7,787,046
(1,308,530)
6,478,516

350,366,808
19,921,795
370,288,603

(71,060,655)
(12,590,406)
(83,651,061)
310,230,122

(6,783,325)
(1,691,648)
(8,474,973)
(2,069,810)

1,274,539
1,274,539
(35,445)

(77,843,980)
(13,007,515)
(90,851,495)
308,124,867

41

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit F-1
(continued)

NOTES TO THE FINANCIAL STATEMENTS

Note 4 - Capital Assets (continued)
Depreciation expense was charged to functions/programs of the District as follows:

Function
Instruction
Instructional resources and media services
School leadership
Guidance, counseling and evaluation services
Social work services
Student transportation
Food Services
Extracurricular activities
General administration
Plant maintenance and operations
Security and monitoring services
Data processing services

Depreciation
Expense
$
4,214,462
325,819
241,139
220,736
387
45,150
632,141
1,237,555
82,065
471,129
204,028
800,362
$
8,474,973

Construction Commitments
The District has active construction projects as of August 31, 2011. The projects include the construction
and equipment of school facilities. At year-end, the District's commitments with contractors are as
follows:

Project
Drymalla Constr-ES #19
Charter Builders-MS #6
SHW-ES #19 Architect
SHW-MS #6 Architect
SHW-MS #6 Architect-Reimb.
Terracon Consultants-MS #6
Terracon Consultants-MS #6
Gil Engineering-MS #6
Terracon Consultants-ES #19
Gil Engineering-ES #19
Braun & Butler-Rock Gym Window Replacement
Braun & Butler-Repair TES Structural Damage
Anchor Ventana-Replace Sliding Doors KLMS,
RLES, HPES

Approved
Construction
Budget
$
11,999,783
24,619,000
790,000
1,225,000
75,000
12,200
75,000
94,150
65,000
79,900
65,627
75,000

$
*Includes $75,000 budgeted for "Reimbursables"

42

42,650
39,218,310

Remaining
Commitment
$ 11,873,427
24,619,000
173,934 *
223,986
48,675 *
2,225
75,000
20,250
63,343
32,591
49,267
37,887

42,650
37,262,235

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit F-1
(continued)

NOTES TO THE FINANCIAL STATEMENTS

Note 5 - Interfund Receivables, Payables, and Transfers

Interfund balances consist of short-term lending/borrowing arrangements that result primarily from
payroll, warehouse ordering and other regularly occurring charges that are paid by the general fund and
then charged back to the appropriate other fund. Activity between the debt service fund and the capital
projects fund results primarily from the capital projects fund interest earnings that are used for debt
service payments. Additionally, some lending/borrowing may occur between two or more non-major
governmental funds.
Interfund balances consist of lending/borrowing arrangements that result primarily from payroll and other
regularly occurring charges that are paid by the general fund and then charged back to the appropriate
other fund. Additionally, some lending/borrowing may occur between two or more non-major
governmental funds. All interfund balances are expected to be repaid within one year.
The composition of interfund balances as of August 31, 2011, is as follows:

General Fund
Capital Projects Fund
Proprietary Funds
Agency Fund
Nonmajor Funds

Interfund
Receivable
2,554,394

73,711
2,628,105

Interfund
Payable
$
83,179
2,295
311,402
940
2,230,289
$
2,628,105

The District moved $1,073,910 from the Special Projects Fund back to the General Fund where they had
been originally.
Note 6 - Long-term Liabilities
Changes in Long-term Liabilities
Long-term liability activity for the year ended August 31, 2011, was as follows:
Balance August
31, 2010
General obligation bonds
Less deferred amounts:
For issuance premiums/discounts
Gain or loss on refunding bonds
Accreted interest on premium
compound interest bonds
Compensated absences payable

358,634,934

Additions
$

13,004,191
(5,049,325)

2,660,484
1,401,502
370,651,786

23,655,000

Retirements
$

(36,049,934)

1,467,626
(587,888)

184,542
51,266
24,770,546

(897,606)
350,858

(2,845,026)
(195,073)
(39,636,781)

Compensated absences are generally liquidated by the General Fund.

43

Balance August
31, 2011
$ 346,240,000

Due Within One

Year
$

15,380,000

125,770
15,505,770

13,574,211
(5,286,355)

1,257,695
$ 355,785,551

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit F-1
(continued)

NOTES TO THE FINANCIAL STATEMENTS

Note 6 - Long-term Liabilities (continued)
General Obligation Bonds

The District issues general obligation bonds to provide funds for the acquisition and
construction/renovation of school buildings, equipment and technology. General obligation bonds are
direct obligations and pledge the full faith and credit of the District. General obligation bonds currently
outstanding are as follows:
Original
Issuance Amount

Issue
Unlimited Tax School Building Bonds, Series 2001
Unlimited Tax School Building, Series 2003
Unlimited Tax School Building, Series 2004
Unlimited Tax Refunding Bonds, Series 2004A
Unlimited Tax Refunding Bonds, Series 2005
Unlimited Tax School Building Bonds, Series 2005A
Unlimited Tax School Building Bonds, Series 2006
Unlimited Tax School Building Bonds, Series 2008
Unlimited Tax Refunding Bonds, Series 2010
Unlimited Tax Refunding Bonds, Series 2011

59,560,000
20,000,000
25,915,000
14,090,000
79,195,000
28,670,000
40,000,000
121,715,000
20,420,000
23,655,000

Interest Rate (%)

Maturity Date

4.00% to 5.00%
3.00% to 5.25%
3.00% to 5.00%
2.00% to 5.00%
3.50% to 5.25%
3.13% to 5.25%
4.00% to 5.00%
3.00% to 5.00%
3.00% to 5.00%
2.00% to 5.00%

8/15/2026
2/15/2028
2/15/2029
2/15/2017
8/15/2026
2/15/2030
2/15/2031
2/15/2033
2/15/2033
8/15/2025

Debt Outstanding
$

Annual debt service requirements to maturity for general obligation bonds are as follows:
Year Ending
August 31,
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033

Principal
15,380,000
17,120,000
18,010,000
18,810,000
19,335,000
20,275,000
17,445,000
18,220,000
14,800,000
15,385,000
16,085,000
16,890,000
17,755,000
18,645,000
19,775,000
13,625,000
14,335,000
13,685,000
12,485,000
10,935,000
8,405,000
8,840,000
$ 346,240,000

44

Interest
16,552,281
15,862,150
14,974,509
14,161,147
13,273,371
12,353,181
11,429,576
10,549,605
9,619,764
8,913,175
8,172,694
7,359,531
6,507,781
5,641,341
4,703,244
3,709,406
3,025,938
2,340,050
1,699,438
1,128,275
652,125
221,000
172,849,582

Totals
31,932,281
32,982,150
32,984,509
32,971,147
32,608,371
32,628,181
28,874,576
28,769,605
24,419,764
24,298,175
24,257,694
24,249,531
24,262,781
24,286,341
24,478,244
17,334,406
17,360,938
16,025,050
14,184,438
12,063,275
9,057,125
9,061,000
$ 519,089,582

4,780,000
15,670,000
22,230,000
9,415,000
68,200,000
26,125,000
38,085,000
118,040,000
20,120,000
23,575,000
346,240,000

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit F-1
(continued)

NOTES TO THE FINANCIAL STATEMENTS

Note 6 - Long-term Liabilities (continued)
General Obligation Bonds

In February 2011, the District issued $23,575,000 of refunding bonds. The proceeds of the refunding
bonds were used to legally defease $24,265,000 of previously issued District bonds in order to lower its
overall debt service requirements. The reacquisition price exceeded the net carrying value of the old debt
by $587,888. The amount is netted against the new debt and amortized over the life of the new debt. The
refunding resulted in an economic gain of $1,575,487.
Prior Year Refunding of General Obligation Bonds
In 2005, 2010, and 2011, the District defeased certain outstanding bonds by placing proceeds of new
bonds in irrevocable escrow accounts to provide for all future debt service payments on the old bonds.
Accordingly, the escrow accounts to provide for all future debt service payments are not included in the
Districts financial statements. At August 31, 2011, $96,410,600 of previously refunded bonds
outstanding are considered defeased.
Note 7 - Revenues from Local, Intermediate, and Out-of-State Sources
During the current year, revenues from local and intermediate sources consisted of the following:
Debt Service
Funds

General Fund
Property Taxes
Investment Income
Co-curricular student activities
Food Sales
Other

74,431,180
152,085
367,633
1,677,951
76,628,849

30,052,074
12,832

1
30,064,907

Other
Governmental
Funds

Capital Projects
Fund
$

$
321,990

72,617
394,607

Total
$

2,545
1,385,019
3,750,101
754,440
5,892,105

104,483,254
489,452
1,752,652
3,750,101
2,505,009
112,980,468

Note 8 - Operating Leases

Commitment under operating lease agreements for copier equipment require minimum future rental
payments as of August 31, 2011, as follows:

Year ending August 31:

2011
Total minimum rentals

45

$
$

925,145
925,145

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

NOTES TO THE FINANCIAL STATEMENTS

Exhibit F-1
(continued)

Note 9 - Pension Information

Plan Description
The Pflugerville Independent School District contributes to the Teacher Retirement System of Texas
(TRS), a cost-sharing multiple-employer defined benefit pension plan. TRS administers retirement and
disability annuities, and death and survivor benefits to employees and beneficiaries of the employees of
the public school systems of Texas. It operates primarily under the provisions of the Texas Constitution,
Article XVI, Sec. 67, and Texas Government Code, Title 8, Subtitle C. TRS also administers
proportional retirement benefits and service credit transfer under Texas Government Code, Title 8,
Chapters 803 and 805, respectively. TRS issues a publicly available financial report that includes
financial statements and required supplementary information for the defined benefit pension plan. That
report may be obtained by writing to the TRS Communications Department, 1000 Red River Street,
Austin, Texas 78701, by calling the TRS Communications Department at 1-800-223-8778, or by
downloading the report from the TRS Internet website, www.trs.state.tx.us, under the TRS Publications
heading.
Funding Policy
State law provides for a member contribution rate of 6.4% for fiscal years 2011, 2010 and 2009, and a
state contribution rate of 6.58% for fiscal year 2009, 6.4% from September 2009 through December 2009,
and 6.644% effective January 2010. In certain instances, the reporting district is required to make all or a
portion of the states contribution. Contribution requirements are not actuarially determined but are
established and amended by the Texas state legislature. The state funding policy is as follows: (1) the
state constitution requires the legislature to establish a member contribution rate of not less than 6.0% of
the members annual compensation and a state contribution rate of not less than 6.0% and not more than
10.0% of the aggregate annual compensation of all members of the system; (2) a state statute prohibits
benefit improvements or contribution reductions if, as a result of a particular action, the time required to
amortize TRSs unfunded actuarial liabilities would be increased to a period that exceeds 31 years, or, if
the amortization period already exceeds 31 years, the period would be increased by such action.
Contributions
Staff members of the District are required to pay 6.4% of their eligible gross earnings to the TRS pension
plan. The State of Texas contributes 6.644% (6.58% for fiscal year 2009, 6.4% from September 2009
through December 2009, and 6.644% effective January 2010) of all employees eligible gross earnings,
except for those staff members subject to statutory minimum requirements and those staff members being
paid from and participating in federally funded programs. State statutes establish these rates. The statutory
minimum requirements are based on the State of Texas teacher schedule adjusted based on local tax rates.
For staff members funded by federal programs, the federal programs are required to contribute 6.644%
(6.58% for fiscal year 2009, 6.4% from September 2009 through December 2009, and 6.644% effective
January 2010).

46

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit F-1
(continued)

NOTES TO THE FINANCIAL STATEMENTS

Note 9 - Pension Information (continued)
Contributions (continued)

Contributions made by the State, District and staff members to TRS for the years ended August 31, 2009,
2010 and 2011 are as follows:
State TRS
Contributions
Made on Behalf
Of the District
$
6,027,135
5,768,078
5,762,463

For the Year

Ended
August 31
2011
2010
2009

District
Required
Contributions
To TRS
$
1,702,645
1,634,136
1,120,434

Staff
Members'
Contributions
To TRS
$
7,436,074
7,212,683
7,011,045

The contributions made by the State on behalf of the District have been recorded in the financial
statements of the District as both state revenues and payroll expenditures. These contributions are the
legal responsibility of the State.
Note 10 - Risk Management
Property/Liability
The District is exposed to various risks of loss related to property/liability losses for which the District
carries commercial insurance.
In addition, the District is a member of the Texas Association of Public Schools Property and Liability
Fund (Fund). The Fund was created to formulate, develop and administer a program of modified selffunding for the property and/or liability coverage for its membership, provide claims administration, and
develop a comprehensive loss control program. The District pays contributions to the Fund for its general
and educators liability coverage. The Districts agreement with the Fund provides that the Fund will be
self-sustaining through member premiums and will provide, through commercial companies, reinsurance
contracts.
Insurance Coverage
Through December 31, 2010, Pflugerville ISD offered a fully-funded employee group health insurance
plan. On January 1, 2011, the District started a self-funded employee group health insurance plan. The
District maintained its monthly, medical insurance contribution of $303 toward the total employees cost
for the medical plans that could include coverage for a spouse, child(ren) or family.
Fiscal
Year
2011*

Beginning of
Year Accrual
$

Current Year
Estimates
$
6,423,803

* January 1, 2011 through August 31, 2011

47

Claims
Payments
$ 5,994,379

End of Year
Accrual
$
429,424

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

NOTES TO THE FINANCIAL STATEMENTS

Exhibit F-1
(continued)

Note 10 - Risk Management (continued)

Insurance Coverage (continued)
The District purchases commercial insurance for Property with limits of $489,502,946 loss limit; lower
sub-limits are provided for Computer Equipment, Musical Instruments/Uniforms, Audio, and Mobile
Equipment; Flood limit of $100,000,000 Earthquake limit of $100,000,000. General Liability, Law
Enforcement, Employee Benefits Liability and Educators Legal Liability (Professional) are insured for a
limit of $1,000,000 per occurrence; Automobile Liability limits are $100,000; each person for Bodily
Injury, $300,000 for each Accident Bodily Injury and $100,000 limit Property Damage. The District
carries a $300,000 specific retention on the Excess Workers Compensation. Within these policy limits,
the Districts exposure is limited to the deductibles and specific retentions. There has not been any
significant reduction of insurance coverage from that of the prior year. The District has not had claims in
excess of its coverage in the past three years.
Workers Compensation
The District is self-insured for workers compensation coverage. The District contributed estimated
premiums to the internal service fund based on standard state rates. The District purchased excess
coverage from Frost Insurance Agency, a commercial insurer licensed in the State of Texas. The Districts
retention under this excess policy is limited to $300,000 per employee claim, with a cap on the Districts
liability for all claims at 100% of annual premium in a policy year. The liability for claims at year-end is
based on the estimated cost to settle all claims reported plus an estimate of claims incurred but not
reported. Changes in workers compensation plans claims liability in fiscal years 2009, 2010 and 2011
were as follows:
Fiscal
Year
2009
2010
2011

Beginning of
Year Accrual
$
434,168
725,000
672,398

Current Year
Estimates
$
506,681
154,275
9,877

Claims
Payments
$
215,849
206,877
240,693

End of Year
Accrual
$
725,000
672,398
441,582

Note 11 - Retiree Health Plan

Plan Description
The Pflugerville Independent School District contributes to the Texas Public School Retired Employees
Group Insurance Program (TRS-Care), a cost-sharing multiple-employer defined benefit postemployment health care plan administered by the Teacher Retirement System of Texas (TRS). TRS-Care
Retired Plan provides health care coverage for certain persons (and their dependents) who retired under
TRS. The statutory authority for the program is Texas Insurance Code, Chapter 1575. Section 1575
grants the TRS Board of Trustees the authority to establish and amend basic and optional group insurance
coverage for participants. TRS issues a publicly available financial report that includes financial
statements and required supplementary information for TRS-Care. That report may be obtained by writing
to the TRS Communications Department, 1000 Red River Street, Austin, Texas 78701, or by calling the
TRS Communications Department at 1-800-223-8778, or by downloading the report from the TRS
Internet website, www.trs.state.tx.us, under the TRS Publications heading.

48

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

NOTES TO THE FINANCIAL STATEMENTS

Exhibit F-1
(continued)

Note 11 - Retiree Health Plan (continued)

Funding Policy
Contribution requirements are not actuarially determined but are legally established each biennium by the
Texas legislature. Texas Insurance Code, Sections 1575.202, 203, and 204 establish state, active
employee, and public school contributions, respectively. The State of Texas and active public school
employee contribution rates were 1.0% and .65% of public school payroll, respectively, with school
districts contributing a percentage of payroll set at .55% for fiscal years 2011, 2010, and 2009. Per Texas
Insurance Code, Chapter 1575, the public school contribution may not be less than .25% or greater than
.75% of the salary of each active employee of the public school. For staff members funded by federal
programs, the federal programs are required to contribute 1.0%.The District contributed 100% of the
annual required contribution for fiscal year 2011, 2010, and 2009.
Contributions
Contributions made by the State, District, and staff members for the years ended August 31, 2011, 2010
and 2009 are as follows:

For the Year

Ended
August 31
2011
2010
2009

State TRS Care

Contributions
Made on Behalf
Of the District
$
1,103,998
1,068,442
875,754

District
Required
Contributions
To TRS Care
$
699,005
678,436
630,035

Staff
Members'
Contributions
To TRS Care
$
755,205
732,555
712,050

For the current fiscal year and each of the past two years, the Districts actual contributions were equal to
100 percent of the required contributions. The contributions made by the State on behalf of the District
have been recorded in the governmental funds financial statements of the District as both state revenues
and expenditures. These contributions are the legal responsibility of the State.
The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 established prescription
drug coverage for Medicare beneficiaries known as Medicare Part D. Under Medicare Part D, TRS-Care
receives retiree drug subsidy payments from the federal government to offset certain prescription drug
expenditures for eligible TRS-Care participants. For the years ended August 31, 2011, 2010, and 2009,
the subsidy payments received by TRS-Care on-behalf of the District were $308,527, $277,402, and
$246,178, respectively. These payments are recorded as equal revenues and expenditures in the
governmental funds financial statements of the District.
Note 12 - Commitments and Contingent Liabilities
Amounts received or receivable from grant agencies are subject to audit and adjustment by grantor
agencies, principally the federal government. Any disallowed claims, including amounts already
collected, may constitute a liability of the applicable funds. The amount, if any, of expenditures that may
be disallowed by the grantor cannot be determined at this time, although the District expects such
amounts, if any, to be immaterial.

49

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

NOTES TO THE FINANCIAL STATEMENTS

Exhibit F-1
(continued)

Note 12 - Commitments and Contingent Liabilities (continued)

The District is a defendant in various lawsuits. Although the outcome of these lawsuits is not presently
determinable, in the opinion of the District's counsel, the resolution of these matters will not have a
material adverse effect on the financial condition of the District.
Note 13 - Arbitrage
In accordance with the provisions of Section 148(f) of the Internal Revenue Code of 1986, as amended,
bonds must satisfy certain arbitrage rebate requirements. Positive arbitrage is the excess of: (1) the
amount earned on investments purchased with bond proceeds, or (2) the amount that such investments
would have earned had such investments been invested at a rate equal to the yield on the bond issue. In
order to comply with the arbitrage rebate requirements, positive arbitrage must be paid to the U.S.
Treasury at the end of each five-year anniversary date of the bond issue. The District has estimated that it
has no arbitrage liability as of August 31, 2011.
Note 14 - Special Items
The District incurred claims from lawsuits for prior years that resulted in the payment of funds to parents
of students for their costs incurred for the education of the students.
Note 15 - Shared Service Arrangements
The District is the fiscal agent for a Shared Services Arrangement (SSA) which provides teaching,
learning, educator preparation and development of school technology and readiness. In addition to the
District, other member districts include KIPP Austin Public Schools, Bastrop ISD, San Marcos CISD,
Round Rock ISD, Leander ISD, and the University of Texas Elementary School. Most expenditures were
incurred by the fiscal agent on behalf of the member districts. Other expenditures are incurred by the
member districts and reimbursed by the fiscal agent. The fiscal agent accounts for activities of the SSA in
the appropriate Special Revenue Fund according to guidance provided in the Texas Education Agencys
Financial Accountability and Resource Guide.

Pflugerville ISD
Pflugerville ISD
KIPP Austin Public Schools
Bastrop ISD
San Marcos CISD
Round Rock ISD
Leander ISD
Univ. of Texas Elementary School
Total Expenditures
Indirect Costs
Total TEA Payments

Fiscal Agent
Expenditures on
Behalf of Member
District
$
40,005
5,000
5,520
9,341
6,875
9,353
76,094

50

Member District
Expenditures
$
35,723
13,830
13,360
8,827
35,654
19,446
14,226
$
141,064

Total SSA
Expenditures
$
40,005
40,723
13,830
18,880
18,167
35,654
26,321
23,579
217,159
4,400
$
221,558

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit F-1
(continued)

NOTES TO THE FINANCIAL STATEMENTS

Note 15 - Shared Service Arrangements (continued)

The District participates in a Shared Service Arrangement (SSA) for the Energy for Schools Program with
102 other school districts. Approximately 3.5% of the electricity costs paid by the SSA are attributable to
the District. The District does not account for the revenues or expenditures for this program and does not
disclose them in these financial statements. The District neither has a joint ownership interest in fixed
assets purchased by the fiscal agent, Deer Park Independent School District, nor does the District have a
net equity interest in the fiscal agent. The fiscal agent is neither accumulating significant financial
resources nor fiscal contingencies that would give rise to a future additional benefit or burden to
Pflugerville Independent School District. The fiscal agent manager is responsible for all financial
activities of the SSA.
Presented below are the revenues and expenditures attributable to the Districts participation.
Revenues
5700 Local revenue from member districts

$
$

2,364,649
2,364,649

Expenditures
6200 Contracted services

$
$

2,364,649
2,364,649

Note 16 - Subsequent Events

On November 30, 2011, Pflugerville ISD issued $28,170,000 in refunding bonds and defeased
$28,370,000 of bonded debt from the 2001, 2003 and 2004 bond issues.

51

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52

Required Supplementary Information

53

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54

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit G-1

BUDGETARY COMPARISON SCHEDULE

GENERAL FUND
For the Year Ended August 31, 2011

Budgeted Amounts
Original
Final
Revenues
5700 Local revenues
5800 State program revenues
5900 Federal program revenues
5020 Total revenues

0011
0012
0013
0021
0023
0031
0032
0033
0034
0035
0036
0041
0051
0052
0053
0061
0093
0095
0099
6030

Expenditures
Current:
Instruction
Instructional resources and media services
Curriculum and staff development
Instructional leadership
School leadership
Guidance, counseling and evaluation services
Social work services
Health services
Student transportation
Food services
Extracurricular activities
General administration
Facilities maintenance and operations
Security and monitoring services
Data processing services
Community services
Payments related to shared services arrangements
Payments to Juvenile Justice Alt. Ed. Prgm.
Other intergovernmental charges
Total Expenditures

Variance with
Final Budget

$ 75,551,000
74,746,000
1,300,000
151,597,000

$ 76,075,440
75,729,000
1,500,000
153,304,440

$ 76,628,849
77,702,562
1,258,718
155,590,129

95,684,085
1,868,806
3,989,902
1,827,029
4,514,153
6,108,834
387,962
1,786,884
7,053,134
71,177
4,264,995
3,963,728
12,303,355
2,058,852
2,520,564
110,953
2,371,500
20,000
580,000
151,485,913

94,713,251
2,118,805
4,417,834
1,927,029
4,627,087
6,183,834
522,962
1,891,852
7,563,134
141,177
4,961,562
3,991,728
12,254,412
2,263,852
2,520,564
110,769
2,371,500
20,000
580,000
153,181,352

93,602,963
1,957,548
4,233,314
1,800,048
4,329,668
6,091,987
405,607
1,820,486
7,290,374
94,488
4,729,727
3,773,366
11,416,995
2,116,919
2,354,037
103,896
2,364,649
15,642
564,007
149,065,721

1,110,288
161,257
184,520
126,981
297,419
91,847
117,355
71,366
272,760
46,689
231,835
218,362
837,417
146,933
166,527
6,873
6,851
4,358
15,993
4,115,631

111,087

123,088

6,524,408

6,401,320

5,478
1,073,910
1,079,388

5,478
1,073,910
1,079,388

1100 Excess (deficiency) of revenues over expenditures

Other Financing Sources (Uses)
7912 Sale of real or personal property
7915 Transfers in
7080 Total other financing sources and uses
Special Item
8912 Special items (use)
1200 Net change in fund balances
0100 Fund balances - beginning
3000 Fund balances - ending

Actual
Amounts,
Budgetary
Basis

111,087
17,682,545
$ 17,793,632

55

123,088
17,682,545
$ 17,805,633

(12,850)
7,590,946
17,682,545
$ 25,273,491

553,409
1,973,562
(241,282)
2,285,689

(12,850)
7,467,858
$

7,467,858

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit G-2

NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District adopts annual appropriations type budgets for the General Fund, Food Service Special
Revenue Fund, and the Debt Service Fund using the same method of accounting as for financial
reporting, as required by law. The remaining Special Revenue Funds (primarily federal grant programs)
utilize a managerial type budget approved at the fund level by the Board of Trustees upon acceptance of
the grants. These grants are subject to Federal, State and locally imposed project length budgets and
monitoring through submission of reimbursement reports.
Expenditures may not legally exceed budgeted appropriations at the function or activity level.
Expenditure requests which would require an increase in total budgeted appropriations must be approved
by the Trustees through formal budget amendment. State law prohibits trustees from making budget
appropriations in excess of funds available and estimated revenues. State law also prohibits amendment
of the budget after fiscal year end. Supplemental appropriations were made to the General Fund during
the fiscal year ended August 31, 2011.
The administrative level at which responsibility for control of budgeted appropriations begins is at the
organizational level within each function of operations. The finance department reviews closely the
expenditure requests submitted by the various organizational heads (principal and department heads)
throughout the year to ensure proper spending compliance. No public funds of the District shall be
expended in any manner other than as provided for in the budget adopted by the Board of Trustees.
The official school budget was prepared for adoption for budgeted governmental fund types by August
19, 2010. The budget was formally adopted by the Board of Trustees at a duly advertised public meeting
prior to the expenditure of funds. The final amended budget is filed with the Texas Education Agency
(TEA) through inclusion in the annual financial and compliance report.
Encumbrance accounting is utilized in all government fund types. Encumbrances for goods or purchased
services are documented by purchase orders or contracts. Under Texas law, appropriations lapse at yearend and encumbrances outstanding at that time are appropriately provided for in the subsequent years
budget.

56

Other Supplementary Information

57

(This page intentionally left blank.)

58

Nonmajor Governmental Funds

Special Revenue Funds

The Special Revenue Funds are used to account for financial resources restricted to or designated
for specific purposes by a grantor. These funds may be locally, state, or federally funded.
Programs accounted for in the Special Revenue Funds include:
ESEA, Title IV, Part A - Safe and Drug-Free Schools and Communities Act
Funds used to develop age-appropriate comprehensive violence and drug/alcohol prevention
programs.
ESEA, Title X, Part C - Education for the Homeless Children and Youth
Funds used to provide enriched and educational services, including tutoring, to enable
homeless students to be promoted or to show academic progress toward on-grade level
expectations. Also to ensure that these students have access to needed specialized services,
that they are able to regularly and safely get to school, and that these students and their
families are aware of all community and district resources available to meet their basic needs.

ESEA, Title I, Part A - Improving Basic Programs

Funds granted to provide opportunities for children served to acquire the knowledge and
skills contained in the challenging State content standards and to meet State performance
standards developed for all children.
IDEA - Part B, Formula
Funds granted to operate educational programs for children with disabilities.
IDEA - Part B, Preschool
Funds granted for preschool children with disabilities.
IDEA - Part B, Discretionary
Funds granted to cover excess costs of special education programs conducted according to
priority areas approved by the State Board of Education.
National School Breakfast and Lunch Program (Child Nutrition)
Funds used to account for allowable expenditures as determined under the National School
Breakfast and Lunch Program for the operation and improvement of Child Nutrition programs.
Career and Technical - Technical Preparation
Funds granted to provide a combined secondary and postsecondary (grade 9 through high
school and two years fo postsecondary) program of technical skills.
Career and Technical - Basic Grant
Funds granted to provide career and technical education to develop new and/or improve career
and technical education programs for paid and unpaid employment.

59

Nonmajor Governmental Funds (continued)

Special Revenue Funds (continued)

ESEA, Title II, Part A - Teacher and Principal Training and Recruiting
Funds for increasing student academic achievement through improving teacher and principal
quality and increasing the number of highly qualified teachers in classrooms and highly
qualified principals and assistant principals in schools.
Title II, Part D, Subpart 1 - Enhancing Education through Technology
Funds granted for the implementation and support of a comprehensive system that effectively
uses technology in elementary and secondary schools to improve student academic
achievement.
Title III, Part A - English Language Acquisition and Language Enhancement
Funds granted to improve the education of limited English proficient children, by assisting the
children to learn English and meet challenging State academic content and student academic
achievement standards.
Title IV, Part B - 21st Century Community Learning Centers
Funds granted to provide opportunities for communities to establish or expand activities in
community learning centers that provide opportunities for academic enrichment and additional
services to students and literary and related educational development for families of students.
Title XIV, State Fiscal Stabilization Fund - ARRA
Additional funds granted to improve basic programs authorized by the ESEA Act of 1965, as
amended by the NCLB Act of 2001; the IDEA Act; the Adult and Family Literacy Act; the Carl
D. Perkins and Technical Education Act of 2006, or for the modernization, renovation, or repair
of public school facilities.
Medicaid Administrative Claiming Program - MAC
Funds allocated for reimbursement of eligible administrative costs for activities attributed to
the implementation of the Medicaid state plan.
Title II, Part D, Subpart 1 - Enhancing Education through Technology - ARRA
Additional funds granted for the implementation and support of a comprehensive system that
effectively uses technology in elementary and secondary schools to improve student
academic achievement.
ESEA, Title X, Part C - Education for the Homeless Children and Youth - ARRA
Additional funds granted for a variety of staff development and supplemental services,
including in-service trtaining, counseling, psychological services and tutoring.

60

Nonmajor Governmental Funds (continued)

Special Revenue Funds (continued)

Energy Efficiency Grant

For energy efficiency upgrades or retrofits and for installation of small-scale renewable eneregy
technology. Funding provided through the State Energy Program.
Smaller Learning Communities
To promote academic achievement through creation of "Smaller Learning Communities" which
are small, safe, and successful learning environments.
IDEA - Part B, Formula - ARRA
Additional funds granted to operate educational programs for children with disabilities.
IDEA - Part B, Preschool - ARRA
Additional funds granted for preschool children with disabilities.
ESEA, Title I, Part A - Improving Basic Programs - ARRA
Additional funds granted to provide opportunities for children served to acquire the
knowledge and skills contained in the challenging State content standards and to meet State
performance standards developed for all children.
Texas Regional Collaborative for Excellence in Science Teaching
Funds to provide training in high quality, research-based professional development, and to
provide mentoring and outreach to educators.
Middle School AP Grant
Funds are provided for enriching AP classes at the middle school level.
LEP Summer School
Funds to provide summer school instruction for LEP students.
Teacher Incentive Fund (TIF)
Funds to improve student achievement by increasing teacher and principal effectiveness;
reform teacher and principal compensation systems so that teachers and principals are
rewarded for increases in student achievement; increase the number of effective teachers
teaching poor, minority and disadvantaged students; create sustainable performance-based
compensation systems.
SSA - Title II, Part D, Subpart 1 - Enhancing Education through Technology - ARRA
Additional funds granted for the implementation and support of a comprehensive system that
effectively uses technology in elementary and secondary schools to improve student academic
achievement. use of advanced technology. Pflugerville ISD is the fiscal agent for this grant
and there are 8 member districts participating in this program. Fund 279 is the member district
fund for Pflugerville ISD and Fund 361 is the fiscal agent fund operated by Pflugerville ISD.
Fund 361 includes expenditures for all schools in the SSA purchased by the fiscal agent.

61

Nonmajor Governmental Funds (continued)

Special Revenue Funds (continued)

State Supplemental Visually Impaired (SSVI)

Funds granted to support the educational needs of students who have visual impairments.
Noneducational Community-Based Support
Funds granted to provide noneducational community-based support services to students with
disabilities who would remain or have to be placed in residential facilities for educational
reasons without the provision of these services.
Advanced Placement Incentives
Funds intended to reward students, teachers, and campuses for high achievement. Campuses
are awarded money for each student who scored three or above on an AP examination or four
or above on an IB examination.
Student Success Initiative
Funds to provide immediate intervention to students in grades K-6 who have been identified
by diagnostic assessments as struggling in reading and/or mathematics.
State Textbook Fund
Funds to be used to account, on a project basis, for funds awarded to school districts under
the textbook allotment.
Technology Allotment
Funds awarded to school districts to purchase technological software or equipment that
contributes to student learning, or to pay for training for educational personnel involved in the
use of these materials.
Texas Reading Initiative/Texas Reading, Math and Science Initiative
Funds granted to improve student achievement in reading, math, and science through the
provision of materials, professional development, student instructional programs, and other
related activities.
Kindergarten and Prekindergarten Grants
Funds granted to implement or expand kindergarten or prekindergarten programs not required
under TEC 29.153.
Read to Succeed (License Plate Program)
Funds used to provide access to quality reading materials in the library and encourage children
to visit the school library.
DATE (District Awards for Teacher Excellence)
Funding for improving instructional quality and teacher efficiency to increase student
achievement. Allows districts to create or continue a system of awards for educators who
demonstrate success in improving achievement. It helps districts to create a local award
plan or to implement the Teacher Advancement Program (TAP).

62

Nonmajor Governmental Funds (continued)

Special Revenue Funds (continued)

Texas TAP (Teacher Advancement Program)

Research based school improvement program designed to attract, retain and motivate the
best talent to the teaching profession.
Texas I-CAN! Grant
Texas Initiatives for Children's Activity & Nutrition is designed to combat childhood obesity
and related chronic diseases by providing schools with physically active lesson units for
school aged children as well as nutrition interventions and/or collection of dietary practices
and preferences for the cafeteria.
TDA Nutrition Grants
A program with the goal of educating children on the ease of selection, preparation and
consumption of nutritious foods.
Texas Fitness Now Grant
Dessau and Westview Middle Schools will utilize the Texas Fitness Now Program to enhance
engaging physical activities for 6th and 7th grade students. The program will provide
additional high engagement equipment and materials to promote a combination of moderate
and vigorous intensity aerobic physical activities.
Campus Activity Funds
This fund classification is used to account for transactions related to a principal's activity fund.
Special Projects
This fund classification is used to account for special local grants such as the Pflugerville
Education Foundation Grant.
After the Bell Program
Funds to implement a program with supplemental activities and opportunities for students and
their families beyond the regular school day and into the summer at designated campuses. The
program will provide a range of high-quality activities relevant to TEKS based courses. In
addition it will promote parental involvement, family literacy services, and enrichment through
community collaborations.
BTIM Math Science Grant
Funds to increase beginning math and science teacher retention in the district, to improve
beginning teacher performance and effectiveness, to support student achievement, and to
engage the support of campus principals.
CHS Culinary Arts/Aramark
Funds to be used for the Culinary Arts Program at Connally High School for 2011-2012 through
2015-2016.

63

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

COMBINING BALANCE SHEET
ALL NONMAJOR GOVERNMENTAL FUNDS
August 31, 2011

Data
Control
Codes

1240
1260
1290
1310
1410
1000

Assets
Cash and temporary investments
Receivables:
Receivables from other governments
Due from other funds
Other receivables
Inventories, at cost
Prepaids
Total Assets

2110
2160
2170
2180
2300
2000

Liabilities and Fund Balances

Liabilities:
Current Liabilities:
Accounts payable
Accrued wages payable
Due to other funds
Due to other governments
Deferred revenues
Total Liabilities

1110

3410
3430
3450
3545
3600
3000
4000

204

206

211

ESEA, Title
IV, Part A Safe and DrugFree Schools
and
Communities
Act

ESEA, Title
X, Part C Education for
the Homeless
Children and
Youth

ESEA, Title I,
Part A Improving
Basic
Programs

9,966

Fund Balance:
Nonspendable:
Investment in inventories
Prepaid items
Restricted:
Grant Funds
Committed:
Other committed
Unassigned
Total Fund Balances
Total Liabilities and Fund Balance

339,858

9,966

26,361

339,858

48

499

64

26,361

9,918

25,862

7,697
293
331,868

9,966

26,361

339,858

9,966

26,361

339,858

Exhibit H-1
Page 1 of 5

224

225

226

240

National
School
Breakfast and
Lunch
Program

IDEA - Part B,
Formula

IDEA - Part B,
Preschool

IDEA - Part B,
Discretionary

508,112

4,628

508,112

357

4,628

$
9,114

9,114

600

753,469

243

244

255

Career and
Technical Technical
Preparation

Career and
Technical Basic Grant

ESEA, Title
II, Part A Teacher and
Principal
Training and
Recruiting

223,114
50,883
63,651
108,093
12,883
$ 1,212,093

275,821

52,418

52,418

507,755

4,628

8,514

6,673

52,418

508,112

4,628

9,114

282,494

52,418

108,093
12,883
808,623

508,112

4,628

9,114

929,599
$ 1,212,093

65

52,418

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

COMBINING BALANCE SHEET
ALL NONMAJOR GOVERNMENTAL FUNDS
August 31, 2011

Data
Control
Codes

1240
1260
1290
1310
1410
1000

Assets
Cash and temporary investments
Receivables:
Receivables from other governments
Due from other funds
Other receivables
Inventories, at cost
Prepaids
Total Assets

2110
2160
2170
2180
2300
2000

Liabilities and Fund Balances

Liabilities:
Current Liabilities:
Accounts payable
Accrued wages payable
Due to other funds
Due to other governments
Deferred revenues
Total Liabilities

1110

3410
3430
3450
3545
3600
3000
4000

Fund Balance:
Nonspendable:
Investment in inventories
Prepaid items
Restricted:
Grant Funds
Committed:
Other committed
Unassigned
Total Fund Balances
Total Liabilities and Fund Balance

262

263

265

Title II, Part D,

Subpart 1 Enhancing
Education
through
Technology

Title III, Part A

- English
Language
Acquisition and
Language
Enhancement

Title IV, Part B

- 21st Century
Community
Learning
Centers

$
5,613

$
86,386

76,459
15,401

5,613

86,386

91,860

632
217
4,764

4,116
619
81,651

118

5,613

66

5,613

91,742

86,386

86,386

91,860

91,860

Exhibit H-1
Page 2 of 5

266

Title XIV,
State Fiscal
Stabilization
Fund - ARRA
$

272

279

280

281

282

283

Medicaid
Administrative
Claiming
Program - MAC

Title II, Part D,

Subpart 1 Enhancing
Education
through
Technology ARRA

ESEA, Title
X, Part C Education for
Homeless
Children and
Youth ARRA

Energy
Efficiency
Grant

Smaller
Learning
Communities

IDEA - Part B,
Formula ARRA

56,200

33,189

56,200

56,200
56,200

33,189

56,200

$
1,451

1,451

30,000

30,000

10,284

525,373

10,284

525,373

3,214

33,597

33,189

1,451

30,000

7,070

491,776

33,189

1,451

30,000

10,284

525,373

33,189

67

1,451

30,000

10,284

525,373

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

COMBINING BALANCE SHEET
ALL NONMAJOR GOVERNMENTAL FUNDS
August 31, 2011

Data
Control
Codes

1240
1260
1290
1310
1410
1000

Assets
Cash and temporary investments
Receivables:
Receivables from other governments
Due from other funds
Other receivables
Inventories, at cost
Prepaids
Total Assets

2110
2160
2170
2180
2300
2000

Liabilities and Fund Balances

Liabilities:
Current Liabilities:
Accounts payable
Accrued wages payable
Due to other funds
Due to other governments
Deferred revenues
Total Liabilities

1110

3410
3430
3450
3545
3600
3000
4000

284

285

287

IDEA - Part B,
Preschool ARRA

ESEA, Title I,
Part A Improving
Basic
Programs ARRA

Texas
Regional
Collaborative
for Excellence
in Science
Teaching

1,244

1,244

Fund Balance:
Nonspendable:
Investment in inventories
Prepaid items
Restricted:
Grant Funds
Committed:
Other committed
Unassigned
Total Fund Balances
Total Liabilities and Fund Balance

68

28,899

28,899

7,333

1,244

21,566

1,244

28,899

1,244

28,899

Exhibit H-1
Page 3 of 5

288

289

Middle
School AP
Grant
$

385

392

397

404

LEP Summer
School/Teacher
Incentive
Program - ARRA

361
SSA - Title II,
Part D,
Subpart 1 Enhancing
Education
through
Technology ARRA

State
Supplemental
Visually
Impaired
(SSVI)

Noneducational
CommunityBased Support

Advanced
Placement
Incentives

Student
Success
Initiative

73,993

1,528

65,849

30,068

48,779

3,944

77,937

65,849

1,528

231

1,800

1,528

77,706

22,708
41,341

77,937

65,849

77,937

65,849

30,069

48,779

$
48,779
30,069
30,069

1,528

69

1,528

30,069

48,779

48,779

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

COMBINING BALANCE SHEET
ALL NONMAJOR GOVERNMENTAL FUNDS
August 31, 2011

410

State
Textbook
Fund

Data
Control
Codes

1240
1260
1290
1310
1410
1000

Assets
Cash and temporary investments
Receivables:
Receivables from other governments
Due from other funds
Other receivables
Inventories, at cost
Prepaids
Total Assets

2110
2160
2170
2180
2300
2000

Liabilities and Fund Balances

Liabilities:
Current Liabilities:
Accounts payable
Accrued wages payable
Due to other funds
Due to other governments
Deferred revenues
Total Liabilities

1110

3410
3430
3450
3545
3600
3000
4000

411

414

Technology
Allotment

Texas Reading
Initiative/Texas
Reading, Math
and Science
Initiative

297,553

9,469

11,251
308,804

9,469

1,300

28,006
280,798
308,804

Fund Balance:
Nonspendable:
Investment in inventories
Prepaid items
Restricted:
Grant Funds
Committed:
Other committed
Unassigned
Total Fund Balances
Total Liabilities and Fund Balance

70

308,804

8,169
9,469

9,469

Exhibit H-1
Page 4 of 5

415

Kindergarten and
Prekindergarten
Grants
$

425

426

427

428

Read to
Succeed

District
Awards for
Teacher
Excellence

Texas Teacher
Advancement
Program

Texas I-CAN!
Grant

TDA
Nutrition
Grants

$
53,959

64

53,959

6,877
983
46,099

53,959

422

53,959

64

51,620

51,620

244,123

244,123

22,752

22,752

64

51,620

244,123

22,752

64

51,620

244,123

22,752

64

51,620

71

244,123

22,752

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

COMBINING BALANCE SHEET
ALL NONMAJOR GOVERNMENTAL FUNDS
August 31, 2011

Data
Control
Codes

1240
1260
1290
1310
1410
1000

Assets
Cash and temporary investments
Receivables:
Receivables from other governments
Due from other funds
Other receivables
Inventories, at cost
Prepaids
Total Assets

2110
2160
2170
2180
2300
2000

Liabilities and Fund Balances

Liabilities:
Current Liabilities:
Accounts payable
Accrued wages payable
Due to other funds
Due to other governments
Deferred revenues
Total Liabilities

1110

3410
3430
3450
3545
3600
3000
4000

429

461

481

Texas Fitness
Now Grant

Campus
Activity
Funds

Special
Projects

719

$ 1,216,708

95,632

95,632

424
7,427
373

1,143

46,840
$ 1,271,348

1,143

1,143

Fund Balance:
Nonspendable:
Investment in inventories
Prepaid items
Restricted:
Grant Funds
Committed:
Other committed
Unassigned
Total Fund Balances
Total Liabilities and Fund Balance

40,914
1,508
2,294
63,011

2,055
289
2,344

107,727

46,840

1,116,781

72

1,143

1,163,621
$ 1,271,348

93,288

93,288
95,632

Exhibit H-1
Page 5 of 5

482

484

490

After the Bell

Program

BTIM Math
Science Grant

CHS Culinary
Arts/Aramark

Total
Nonmajor
Governmental
Funds

2,511,346

2,534,033
73,711
67,968
108,093
70,974
5,366,125

50,000

50,000

387,825
3,620
2,230,289
132,358
425,525
3,179,617

50,000
50,000

108,093
59,723
808,623
1,210,069

50,000

2,186,508
5,366,125

73

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES
IN FUND BALANCE - ALL NONMAJOR GOVERNMENTAL FUNDS
For the Year Ended August 31, 2011

Data
Control
Codes
5700
5800
5900
5020

Revenues
Local, intermediate, and out-of-state
State program revenues
Federal program revenues
Total revenues

0093
6030
1100

Excess (deficiency) of revenues over expenditures

8911
8949
7080

Other Financing Sources (Uses)

Transfers out
Other Uses
Total other financing sources and uses

1200

206

211

ESEA, Title
IV, Part A Safe and DrugFree Schools
and
Communities
Act

ESEA, Title
X, Part C Education for
the Homeless
Children and
Youth

ESEA, Title I,
Part A Improving
Basic
Programs

Expenditures
Current:
Instruction
Instruction resources and media services
Curriculum and instructional staff development
Instructional leadership
School leadership
Guidance, counseling and evaluation services
Social work services
Health services
Student transportation
Food service
Extracurricular activities
General administration
Facilities maintenance and operations
Security and monitoring services
Data processing services
Community services
Intergovernmental:
Payments related to shared services arrangement
Total Expenditures

0011
0012
0013
0021
0023
0031
0032
0033
0034
0035
0036
0041
0051
0052
0053
0061

204

9,768
9,768

45,452
45,452

2,100,438
2,100,438

1,965

9,511

1,823,044

35,315

136,182
54,561
15,659
7,894
27,520

743
3,102

910

164
3,794

626

34,668

9,768

45,452

2,100,438

Net change in fund balances

0100

Fund balance - beginning

3000

Fund balance - ending

74

Exhibit H-2
Page 1 of 5

224

225

226

240

National
School
Breakfast and
Lunch
Program

IDEA - Part B,
Formula

IDEA - Part B,
Preschool

IDEA - Part B,
Discretionary

3,360,823
3,360,823

45,604
45,604

31,914
31,914

3,359,291

45,604

25,157

$ 3,923,010
59,505
6,757,992
10,740,507

243

244

255

Career and
Technical Technical
Preparation

Career and
Technical Basic Grant

ESEA, Title
II, Part A Teacher and
Principal
Training and
Recruiting

4,597
4,597

171,937
171,937

374,712
374,712

4,597

165,490

364,118

3,751

10,594

1,532

2,696
6,757
10,352,363

250,001

3,360,823

45,604

31,914

10,602,364

4,597

171,937

374,712

138,143

138,143
791,456
$

75

929,599

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES
IN FUND BALANCE - ALL NONMAJOR GOVERNMENTAL FUNDS
For the Year Ended August 31, 2011

262

Title II, Part Title III, Part

D, Subpart 1 A - English
Enhancing
Language
Education
Acquisition
through
and Language
Technology
Enhancement

Data
Control
Codes
5700
5800
5900
5020

Revenues
Local, intermediate, and out-of-state
State program revenues
Federal program revenues
Total revenues

0093
6030

Expenditures
Current:
Instruction
Instruction resources and media services
Curriculum and instructional staff development
Instructional leadership
School leadership
Guidance, counseling and evaluation services
Social work services
Health services
Student transportation
Food service
Extracurricular activities
General administration
Facilities maintenance and operations
Security and monitoring services
Data processing services
Community services
Intergovernmental:
Payments related to shared services arrangement
Total Expenditures

1100

Excess (deficiency) of revenues over expenditures

8911
8949
7080

Other Financing Sources (Uses)

Transfers out
Other Uses
Total other financing sources and uses

0011
0012
0013
0021
0023
0031
0032
0033
0034
0035
0036
0041
0051
0052
0053
0061

1200

263

265

Title IV, Part

B - 21st
Century
Community
Learning
Centers
$

7,346
7,346

453,851
453,851

1,103,491
1,103,491

5,294

44,751

544,687
88

2,052

387,289
2,560
2,410

429,572

122,411

204

7,346

16,841

6,529

453,851

1,103,491

Net change in fund balances

0100

Fund balance - beginning

3000

Fund balance - ending

76

Exhibit H-2
Page 2 of 5

266

272

Title XIV,
State Fiscal
Stabilization
Fund - ARRA

Medicaid
Administrative
Claiming
Program MAC

279

280

ESEA, Title
Title II, Part
D, Subpart 1 - X, Part C Education for
Enhancing
Homeless
Education
through
Children and
Youth Technology ARRA
ARRA
$

6,165,405
6,165,405

281

282

283

Energy
Efficiency
Grant

Smaller
Learning
Communities

IDEA - Part B,
Formula ARRA

68,907
68,907

7,184
7,184

31,387

3,691

30,000
30,000

133,609
133,609

1,711,188
1,711,188

14,066

1,141,232

71,725
47,038
93
12

402,905
200

836,406
31,395
2,335
2,805

5,328,999

1,016

166,851

2,029

30,000
985
448

68,907

6,165,405

675

7,184

30,000

77

133,609

1,711,188

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES
IN FUND BALANCE - ALL NONMAJOR GOVERNMENTAL FUNDS
For the Year Ended August 31, 2011

Data
Control
Codes
5700
5800
5900
5020

Revenues
Local, intermediate, and out-of-state
State program revenues
Federal program revenues
Total revenues

0093
6030

Expenditures
Current:
Instruction
Instruction resources and media services
Curriculum and instructional staff development
Instructional leadership
School leadership
Guidance, counseling and evaluation services
Social work services
Health services
Student transportation
Food service
Extracurricular activities
General administration
Facilities maintenance and operations
Security and monitoring services
Data processing services
Community services
Intergovernmental:
Payments related to shared services arrangement
Total Expenditures

1100

Excess (deficiency) of revenues over expenditures

8911
8949
7080

Other Financing Sources (Uses)

Transfers out
Other Uses
Total other financing sources and uses

0011
0012
0013
0021
0023
0031
0032
0033
0034
0035
0036
0041
0051
0052
0053
0061

1200

284

285

287

IDEA - Part B,
Preschool ARRA

ESEA, Title I,
Part A Improving
Basic
Programs ARRA

Texas Regional
Collaborative
for Excellence
in Science
Teaching

31,226
31,226

419,286
419,286

7,148
7,148

18,684

254,241

7,148

8,537

52,072
18,689
31,744

4,005

62,540

31,226

419,286

7,148

Net change in fund balances

0100

Fund balance - beginning

3000

Fund balance - ending

78

Exhibit H-2
Page 3 of 5

288

289

Middle
School AP
Grant

LEP Summer
School/Teacher
Incentive
Program - ARRA

361
SSA - Title II,
Part D,
Subpart 1 Enhancing
Education
through
Technology ARRA

385

392

397

404

State
Supplemental
Visually
Impaired
(SSVI)

Noneducational
CommunityBased Support

Advanced
Placement
Incentives

Student
Success
Initiative

6,898

5,572

35,238

177,445

5,572

35,238

177,445

14,763

171,196

18,445

4,385

61
61

97,275
97,275

217,159
217,159

6,898

61

19,340

21,809

6,066

49,972
3,782
21,684

23,035
31,250
832

1,530

1,864
500
2,497

5,572

61

141,065
217,159

97,275

6,898

79

35,238

5,572

177,445

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES
IN FUND BALANCE - ALL NONMAJOR GOVERNMENTAL FUNDS
For the Year Ended August 31, 2011

410

State
Textbook
Fund

Data
Control
Codes
5700
5800
5900
5020

Revenues
Local, intermediate, and out-of-state
State program revenues
Federal program revenues
Total revenues

0093
6030

Expenditures
Current:
Instruction
Instruction resources and media services
Curriculum and instructional staff development
Instructional leadership
School leadership
Guidance, counseling and evaluation services
Social work services
Health services
Student transportation
Food service
Extracurricular activities
General administration
Facilties maintenance and operations
Security and monitoring services
Data processing services
Community services
Intergovernmental:
Payments related to shared services arrangement
Total Expenditures

1100

Excess (deficiency) of revenues over expenditures

8911
8949
7080

Other Financing Sources (Uses)

Transfers out
Other Uses
Total other financing sources and uses

0011
0012
0013
0021
0023
0031
0032
0033
0034
0035
0036
0041
0051
0052
0053
0061

1200

411

414

Technology
Allotment

Texas Reading
Initiative/Texas
Reading, Math
and Science
Initiative

894

441,663

13,636

894

441,663

13,636

894

277,199
4,962
152,550

2,066
11,570

6,952

894

441,663

13,636

Net change in fund balances

0100

Fund balance - beginning

3000

Fund balance - ending

80

Exhibit H-2
Page 4 of 5

415

Kindergarten and
Prekindergarten
Grants
$

422

425

426

427

428

Read to
Succeed

District
Awards for
Teacher
Excellence

Texas Teacher
Advancement
Program

Texas I-CAN!
Grant

TDA
Nutrition
Grants

$
419,415

132

419,415

426,069

132

252,349

794,894

65,800

426,069

794,894

2,993
2,993

276,810

508,597

2,993

115,205
30,000
4,054

285,744
154
399

65,800

23,609

132
82,825
28,181
6,298

3,309
44,478

42,191

1,975

419,415

132

426,069

794,894

81

2,993

65,800

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES
IN FUND BALANCE - ALL NONMAJOR GOVERNMENTAL FUNDS
For the Year Ended August 31, 2011

Data
Control
Codes
5700
5800
5900
5020

Revenues
Local, intermediate, and out-of-state
State program revenues
Federal program revenues
Total revenues

481

Texas Fitness
Now Grant

Campus
Activity
Funds

Special
Projects

1100

Excess (deficiency) of revenues over expenditures

8911
8949
7080

Other Financing Sources (Uses)

Transfers out
Other Uses
Total other financing sources and uses

Fund balance - beginning

3000

Fund balance - ending

119,548

28,824

1,744,378

119,548

28,824

200,343
58,450
14,489
341
191,214
97,695

55,880

1,410
356

28,824

961,611
2,157
19,074
6,346

14,021

7,114

3,000

1,560,600

72,901

183,778

46,647

(1,073,910)
(6,308)
(6,308)

Net change in fund balances

0100

$ 1,744,378
28,824

0093
6030

1200

461

Expenditures
Current:
Instruction
Instruction resources and media services
Curriculum and instructional staff development
Instructional leadership
School leadership
Guidance, counseling and evaluation services
Social work services
Health services
Student transportation
Food service
Extracurricular activities
General administration
Facilities maintenance and operations
Security and monitoring services
Data processing services
Community services
Intergovernmental:
Payments related to shared services arrangement
Total Expenditures

0011
0012
0013
0021
0023
0031
0032
0033
0034
0035
0036
0041
0051
0052
0053
0061

429

82

(1,073,910)

177,470

(1,027,263)

986,151

1,120,551

$ 1,163,621

93,288

Exhibit H-2
Page 5 of 5

482

484

490

After the Bell

Program

BTIM Math
Science Grant

CHS Culinary
Arts/Aramark

Total-Other
Governmental
Funds

85,803

19,366

85,803

19,366

74,124

2,667

9,803,548
900,038
1,881,421
655,765
5,605,359
279,785
67,966
11,476
131,134
10,439,032
976,132
4,654
299,279
6,346
8,101
147,787

16,699
6,086

5,593

85,803

5,892,105
2,475,985
23,359,366
31,727,456

141,065
31,358,888

19,366

368,568

(1,073,910)
(6,308)
(1,080,218)
(711,650)
2,898,158
$

2,186,508

83

(This page intentionally left blank.)

84

Internal Service Funds

Internal Service Funds are used to account for the operations of the District's self-funded insurance
programs.
Workers' Compensation Fund
This fund is used to account for the operations of the District's self-funded workers'
compensation plan, which is supported by employer contributions. Expenses include benefit
payments to employees, excess loss insurance premiums, and related administrative costs.
Health Insurance Fund
This fund is used to account for the operations of the District's medical insurance program,
which is supported by both employee and employer contributions. Expenses include claims,
excess loss insurance premiums, and related administrative costs.

85

(This page intentionally left blank.)

86

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit I-1

COMBINING STATEMENT OF NET ASSETS

INTERNAL SERVICE FUNDS
August 31, 2011

Data
Control
Codes

1110
1120
1250
1290
1410

Health Insurance
Assets
Current assets:
Cash and cash equivalents
Temporary investments, at fair value
Receivables:
Accrued interest receivable
Other receivables
Prepaids
Total Assets

2110
2170
2200
2000

Liabilities
Current liabilities:
Accounts payable
Due to other funds
Accrued expenses
Total Liabilities

3900
3000

Net Assets
Unrestricted net assets
Total Net Assets

340,645

917,763
40,703

1,258,408
40,703

963,013

429,424
540,682

26,894
203,196
441,582
671,672

138,152
203,196
871,006
1,212,354

(48,005)
(48,005)

291,341
291,341

243,336
243,336

111,258

3,734
813

Total

3,734
11,845
141,000
1,455,690

11,032
141,000
492,677

87

Workers'
Compensation

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit I-2

COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS

INTERNAL SERVICE FUNDS
For the Year Ended August 31, 2011

Data
Control
Codes
5754
5020

Operating Revenues
Interfund services provided and used
Total Operating Revenues

6200
6400
6030

Operating Expenses
Purchased and contracted services
Claims expense and other operating expenses
Total Operating Expenses

1200

7020

1200
0100
3300

Workers'
Compensation

Health Insurance
$

7,425,744
7,425,744

938,807
6,535,087
7,473,894

Operating income (loss)

145
145

Change in Net Assets

(48,005)

(48,005)

88

344,752
344,752

120,289

(48,150)

Non-Operating Revenues (Expenses)

Earnings - temporary deposits and investments
Total Nonoperating Revenues (Expenses)

Total net assets - beginning

Total net assets - ending

Total

7,770,496
7,770,496

120,289

1,059,096
6,535,087
7,594,183

224,463

176,313

3,541
3,541

3,686
3,686

228,004

179,999

63,337
291,341

63,337
243,336

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit I-3

COMBINING STATEMENT OF CASH FLOWS

INTERNAL SERVICE FUNDS
Year Ended August 31, 2011

Health
Insurance
Increase (Decrease) in Cash and Cash Equivalents
Cash Flows from Operating Activities:
Cash receipts from interfund services provided
Cash payments to suppliers for goods and services
Net Cash Provided by (Used for) Operating Activities

7,414,712
(7,074,212)
340,500

Workers'
Compensation

Cash Flows from Non-Capital Financing Activities:

Advances from other funds
Net Cash Provided by (Used for) Non-Capital
Financing Activities
Cash Flows from Investing Activities:
Investment proceeds (net)
Interest on investments
Net Cash Provided by Investing Activities

145
145
340,645

349,826
(342,006)
7,820

Total

$ 7,764,538
(7,416,218)
348,320

103,578

103,578

103,578

103,578

22,305
41
22,346

22,305
186
22,491
474,389
784,019
$ 1,258,408

Net Increase in Cash and Cash Equivalents

Cash and Cash Equivalents at Beginning of Year
Cash and Cash Equivalents at End of Year

340,645

133,744
784,019
917,763

Reconciliation to Balance Sheet

Cash and Cash Equivalents Per Cash Flow

340,645

917,763

$ 1,258,408

340,645

917,763

$ 1,258,408

(48,150)

224,463

Cash and Cash Equivalents per Balance Sheet

Reconciliation of Operating Income to Net Cash
Provided by Operating Activities
Operating Income (Loss)
Change in Assets and Liabilities
Decrease (increase) in Receivables
Decrease (increase) in Prepaids
Increase (decrease) in Accounts Payable
Increase (decrease) in Accrued Expenses

(11,032)
(141,000)
111,258
429,424

Net Cash Provided by (Used for) Operating Activities

89

340,500

5,073

(5,959)
(141,000)
120,357
198,609

9,099
(230,815)
$

7,820

176,313

348,320

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

SCHEDULE OF DELINQUENT TAXES RECEIVABLE
For the Year Ended August 31, 2011

Last Ten
Fiscal Years

Tax Rates
Maintenance
Debt Service

10

Net Assessed/Appraised
Value For School
Tax Purposes

Beginning
Balance
08/31/10
$ 1,107,577

2002 and prior

Various

Various

Various

2003

1.392500

0.297500

4,644,517,007

238,616

2004

1.500000

0.350000

4,574,180,513

262,349

2005

1.490000

0.340000

4,943,934,802

159,849

2006

1.500000

0.350000

5,248,037,564

164,446

2007

1.360000

0.320000

5,878,350,774

253,292

2008

1.040000

0.430000

6,602,774,490

267,257

2009

1.040000

0.420000

7,230,322,945

521,619

2010

1.040000

0.420000

7,460,985,822

1,091,217

2011

1.040000

0.420000

7,200,603,973

1000 Totals

9000

$ 4,066,222

Portion of Row 1000 for Taxes Paid into Tax

Increment Zone Under Chapter 311, Tax Code (Funciton 97)

90

Exhibit J-1

20

31

32

40

50

Current
Year's
Total Levy

Maintenance
Total
Collections

Debt Service
Total
Collections

Entire
Year's
Adjustments

Ending
Balance
08/31/11

1,382

440

1,905

105,128,818
$ 105,128,818

362

1,105,755

(285)

236,064

(10,175)

(2,174)

(20,184)

254,514

5,552

1,296

(1,206)

151,795

7,087

1,617

(6,874)

148,868

29,208

6,815

(71,888)

145,381

(6,484)

(1,526)

(79,134)

196,133

59,097

24,435

(104,628)

333,459

411,098

166,021

(64,201)

449,897

73,702,012

29,764,274

(829,045)

833,487

74,200,682

$ 29,961,560

$ (1,177,445)

3,855,353

Penalty and interest receivable on taxes

Total taxes receivable per Exhibit C-1

91

3,627,563
$

7,482,916

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit J-2

SCHEDULE OF EXPENDITURES FOR COMPUTATION OF

INDIRECT COSTS FOR 2012-2013
GENERAL AND SPECIAL REVENUE FUNDS
For the Year Ended August 31, 2011

Account
Number
611X-6146

6149

6149
6211
6212
6213
6214

1
(702)
School
Board

Account
Name
PAYROLL COSTS
Fringe Benefits (Unused Leave for
Separating Employees in Function 41
and Related 53)
Fringe Benefits (Unused Leave for
Separating Employees in all
Functions except Function 41 and
Related 53)
Legal Services

31,398

2
(703)
Tax
Collection
$

621X

Other Prof. Services

Tuition and Transfer Payments

6230
6240
6250
6260

Education Service Centers

Contr. Maint. and Repair
Utilities
Rentals

6290
6320

Miscellaneous Contr.
Textbooks and Reading

6330

Testing Materials

63XX

Other Supplies Materials

6410

Travel, Subsistence, Stipends

6420
6430
6490
6500
6600
6000

Ins. and Bonding Costs

Election Costs
Miscellaneous Operating
Debt Service
Capital Outlay
TOTAL

4
(750)
Indirect
Cost

268,828

$ 2,356,483

5
(720)
Direct
Cost

6
(other)
Miscellaneous

Total

1,240

84,000

84,000

86,785

609,438

609,438
2,385

2,385
7,905

7,905

224,274

224,274
45,171

45,171

85,444
114

37,320

37,320

563

303,302
2,495

388,746
3,172

2,189

2,203

105,788

16,298

6,543

27,071

1,052

8,671

226,021

373,593

$ 3,370,379

136,495

609,438

2,656,709

1,240

86,785

Audit Services
(Appraisal district costs only from
function 99)
Lobbying

6220

3
(701)
Supt's
Office

110,180
189

50,101

235,744

45,360

Total expenditures/expenses for General and Special Revenue Funds

(plus Food Service Enterprise Fund if present)
Deductions of Unallowable Costs
Fiscal Year
Total Capital Outlay (6600)
Total Debt & Lease (6500)
Plant Maintenance (Function 51, 6100-6400)
Food (Function 35, 6341 and 6499)
Stipends (6413)
Column 4 (above) - Total Indirect Cost
Subtotal:
Net Allowed Direct Cost

21,631
29,536

21,631
4,564,801

180,424,609

15,264,721
165,159,888

Less:

Cumulative
Total Cost of Buildings before Depreciation (1520)
Historical Cost of Buildings over 50 years old
Amount of Federal Money in building Cost (Net of #16)
Total Cost of Furniture & Equipment before Depreciation (1530&1540)
Historical Cost of Furniture & Equipment over 16 years old
Amount of Federal Money in Furniture & Equipment (Net of #19)

10
11
12
13
14

266,153
11,628,189

3,370,379

15
16
17
18
19
20

(8) Note A - $ 222,774 in Function 53 expenditures are included in this report on administrative costs.
$ 564,007 in Function 99 expenditures for appraisal district costs are included in this report on
administrative costs.

92

340,134,208
111,938
18,420,673
101,155
956,487

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit J-3

FUND BALANCE AND CASH FLOW CALCULATION SCHEDULE (UNAUDITED)

GENERAL FUND
August 31, 2011

Data
Control
Code
1.

2.

Explanation
Total General Fund Balance 8-31-11 (Exhibit C-1 object 3000 for the General Fund
only)

Amount
$

Total Non-Spendable Fund Balance 8-31-11 (from Exhibit C-1 - total of object 341X 344X for the General Fund only)

3.

Total Restricted Fund Balance (from Exhibit C-1 - total of object 345X - 349X for the
General Fund only)

4.

Total Committed Fund Balance (from Exhibit C-1 - total of object 351X-354X for the
General Fund only)

5.

Total Assigned Fund Balance (from Exhibit C-1 - total of object 355X-359X for the
General Fund only)

6.

Estimated amount needed to cover fall cash flow deficits in General Fund (net of
borrowed funds and funds representing deferred revenues)

7.

Estimate of two month's average cash disbursements during the fiscal year

8.

Estimate of delayed payments from state sources (58xx)

9.

Estimate of underpayment from state sources equal to variance between Legislative

Payment Estimate (LPE) and District Planning Estimate (DPE) or Districts calculated
earned state aid amount

10.

Estimate of delayed payments from federal sources (59xx)

11.

Estimate of expenditures to be reimbursed to General Fund from Capital Projects

Fund (uses of General Fund cash after bond referendum and prior to issuance of
bonds).

12.

General Fund Optimum Fund Balance and Cash Flow (2+3+4+5+6+7+8+9+10+11)

13.

Excess or (Deficit) Unassigned General Fund Fund Balance (1-11)

93

25,273,491

1,056,596

10,548

24,988,908

26,056,052
$

(782,561)

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit J-4

BUDGETARY COMPARISON SCHEDULE

CHILD NUTRITION FUND
For the Year Ended August 31, 2011

Food Service
Budget
Data
Control
Codes
5700
5800
5900
5020

Original
Revenues
Local, Intermediate, and Out-of-State
State Program Revenues
Federal Program Revenues
Total Revenues

6030

Expenditures
Current:
Food Services
Facilities maintenance and operations
Total Expenditures

1200

Increase (Decrease) in Fund Balance

0100

Fund Balance - beginning

3000

Fund Balance - ending

0035
0051

4,678,680
61,700
6,679,278
11,419,658

Final
$

11,416,695

4,678,680
61,700
6,679,278
11,419,658

Actual
$

3,923,010
59,505
6,757,992
10,740,507

Variance with
Final Budget
$

(755,670)
(2,195)
78,714
(679,151)

11,416,695

10,916,695
500,000
11,416,695

10,352,363
250,001
10,602,364

564,332
249,999
814,331

2,963

2,963

138,143

135,180

791,455

791,455

791,455

794,418

94

794,418

929,598

135,180

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit J-5

BUDGETARY COMPARISON SCHEDULE

DEBT SERVICE FUND
For the Year Ended August 31, 2011

Debt Service Fund

Budget
Data
Control
Codes

Variance with
Final Budget

Original

Final

Actual

$ 29,740,041

$ 30,105,041

29,740,041

30,105,041

$ 30,064,907
62,649
30,127,556

6030

Expenditures
Debt Service:
Principal on long-term debt
Interest on long-term debt
Bond issuance costs and fees
Total Expenditures

11,704,973
19,958,358
13,000
31,676,331

11,704,973
19,958,358
293,000
31,956,331

11,784,934
19,789,263
276,591
31,850,788

(79,961)
169,095
16,409
105,543

1100

Excess (Deficiency) Revenues Over Expenditures

(1,936,290)

(1,851,290)

(1,723,232)

128,058

7911
7916
8949

Other Financing Sources (Uses)

Capital-related debt issued (regular bonds)
Premium or discount on issuance of bonds
Other Financing (Uses)
Total Other Financing Sources (Uses)

1200

Increase (Decrease) in Fund Balance

0100

Fund Balance - beginning

3000

Fund Balance - ending

5700
5800
5020

0071
0072
0073

Revenues
Local, Intermediate, and Out-of-State
State Program Revenues
Total Revenues

23,655,000
1,467,626
(24,852,888)
269,738
(1,936,290)

(1,851,290)

(1,453,494)

3,096,937

3,096,937

3,096,937

1,245,647

$ 1,643,443

95

1,160,647

(40,134)
62,649
22,515

23,655,000
1,467,626
(24,852,888)
269,738
397,796

397,796

(This page intentionally left blank.)

96

Statistical Section
(Unaudited)

97

(This page intentionally left blank.)

98

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

STATISTICAL SECTION

The statistical section of the Pflugerville Independent School Districts Comprehensive Annual Financial
Report presents detailed information as a context for understanding what the information in the financial
statements, note disclosures, and required supplementary information says about the Districts economic
condition and overall financial health. To assist financial statement users, the information contained
within this section is categorized as follows:
Page
100

Financial Trends
These schedules contain trend information to show how the Districts financial
performance and position have changed over time

113

Revenue Capacity
These schedules contain information to help assess the factors affecting the Districts most
significant local revenue source, the property tax.

118

Debt Capacity
These schedules present information to help assess the affordability of the Districts current
debt burden and its ability to issue additional debt in the future

121

Demographic and Economic Information

These schedules provide demographic and economic indicators to help in understanding
the environment in which the District operates and to facilitate in comparisons over time.

128

Operating Information
These schedules provide information about the Districts operations and resources to assist
in using the financial statement information to better understand and assess the Districts
economic condition.

Sources: Unless otherwise noted, the information in these schedules is derived from the Comprehensive Annual
Financial Reports for the relevant year.

99

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

NET ASSETS BY COMPONENT
LAST TEN FISCAL YEARS
(ACCRUAL BASIS OF ACCOUNTING)

2011
Governmental Activities
Invested in Capital Assets,
Net of Related Debt
Restricted
Unrestricted
Total Primary Government Net Assets

31,462,570
3,014,281
28,326,217
62,803,068

100

2010

2009

2008

$ 30,170,927
3,955,354
20,008,756
$ 54,135,037

$ 32,247,876
4,766,734
13,836,085
$ 50,850,695

$ 31,191,545
3,662,850
18,891,768
$ 53,746,163

Table 1

2007

2006

2005

2004

2003

2002

$ 22,719,417
3,179,559
25,592,424
$ 51,491,400

$ 29,806,066
3,019,023
9,135,897
$ 41,960,986

$ 21,382,098
1,074,704
19,282,881
$ 41,739,683

$ 27,207,288
2,390,721
9,893,995
$ 39,492,004

$ 28,677,231
1,378,302
11,877,546
$ 41,933,079

$ 32,374,012
1,860,860
12,223,939
$ 46,458,811

101

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

CHANGES IN NET ASSETS
LAST TEN FISCAL YEARS
(ACCRUAL BASIS OF ACCOUNTING)

2011
Expenses
Governmental Activities:
Instruction
Instructional Resources and Media Services
Curriculum and Instructional Staff Development
Instructional Leadership
School Leadership
Guidance, Counseling, and Evaluation Services
Social Work Services
Health Services
Student Transportation
Food Services
Cocurricular/Extracurricular Activities
General Administration
Facilities Maintenance and Operations
Security and Monitoring Services
Data Processing Services
Community Services
Interest on Long-term Debt
Facilities Acquisition and Construction
Payments to Fiscal Agent/Member Districts of SSAs
Payments to Juvenile Justice Alternative Ed. Prog.
Payments to Central Appraisal District
Total Primary Government Expenses

Program Revenues
Governmental Activities:
Charges for Services:
Instruction
Instructional resources and media services
Curriculum and staff development
Instructional leadership
School leadership
Guidance, counseling, and evaluation svc.
Social Work Services
Health Services
Student Transportation
Food Services
Cocurricular/Extracurricular Activities
General administration
Facilities Maintenance and Operations
Security and monitoring
Data processing services
Community services
Operating Grants and Contributions
Capital Grants and contributions
Total Primary Government Program Revenues
Net (Expense)/Revenue
Total Primary Government Net Expense

102

2010

108,337,542
3,196,747
6,099,548
2,456,580
10,159,941
6,588,865
475,137
1,828,229
7,466,658
11,457,443
6,651,685
3,840,998
13,208,973
2,383,226
3,767,644
251,683
17,453,765
13,136
2,505,714
15,642
564,007
208,723,163

$ 108,060,717
3,188,391
6,051,164
2,557,375
10,098,502
6,792,197
441,736
1,594,137
7,139,172
10,620,252
6,067,801
3,709,032
15,502,842
2,137,943
3,851,350
136,274
17,507,086

1,080,738
65,284
16,183
381
213,571
109,117

886,652
75,679
22,623
186
180,892
99,983
1,183
357

2,379,337
555,974
208,391,282

2009

103,394,889
3,705,657
5,482,628
2,027,673
10,818,210
6,033,629
441,932
1,597,561
7,008,750
9,830,910
6,013,120
3,764,274
15,368,510
2,325,743
3,246,828
125,400
18,422,579
29,257
2,881,565
19,987
568,410
203,107,512

2008

94,650,337
3,471,299
4,088,992
1,672,599
10,110,269
5,948,106
423,094
1,479,424
6,875,115
9,108,389
5,559,634
3,769,737
16,034,590
1,202,334
3,051,548
113,423
14,791,698
4,181,777
14,141
513,372
187,059,878

1,056,284
75,091
14,791
7,876
247,434
109,067

892,791
67,166
23,226
2,545
259,326
103,915

1,575
398
3,814,485
1,441,675
2,409
453,453
7,088

3,791,705
1,319,423
1,275
401,936
3,696

4,821
3,904,617
992,532
19,964
345,475
5,365

2,466
3,568,350
980,685
15,609
450,749
12,194

7,946
34,786,457

10,281
34,150,601

13,943
22,515,245

13,470
20,132,811

42,000,760

40,946,472

29,312,505

26,525,303

(166,722,403)

$(167,444,810)

$ (173,795,007)

$ (160,534,575)

Table 2
Page 1 of 2

2007

2006

85,939,489
3,820,581
3,303,276
1,162,792
8,464,935
4,722,770
264,432
1,440,727
5,916,371
7,486,650
5,081,456
4,043,427
14,572,997
829,415
3,428,639
90,737
13,817,715
453,026

77,640,628
3,514,660
2,579,484
1,022,484
7,576,769
4,321,876
172,844
1,166,643
5,750,299
7,153,506
5,003,610
3,714,824
13,677,476
1,084,024
3,366,470
114,557
13,957,491
186,230

2005

68,800,517
3,143,224
2,268,760
849,633
7,001,025
3,967,392
198,232
1,109,559
5,243,935
6,239,179
4,391,876
3,410,368
12,258,394
923,009
3,307,263
52,110
13,264,035
6,750

2004

2003

2002

62,179,295
2,728,988
1,625,188
791,120
6,292,320
3,642,550
175,078
1,113,650
4,719,206
5,149,827
4,271,686
3,102,273
12,762,548
302,802
2,180,069
77,212
12,805,720
31,707

$ 64,186,480
2,580,743
1,979,548
680,994
6,323,812
3,448,082
136,402
1,003,706
4,279,843
4,986,223
3,935,956
3,092,437
11,308,903
206,181
1,768,869
41,958
12,664,175
148,689

$ 56,914,380
2,032,108
1,670,497
600,473
5,640,986
3,071,957
832,396
3,606,258
4,304,619
3,458,265
3,013,549
9,077,456
174,674
1,110,884
35,438
14,246,533
131,740

3,068

3,540

5,192

8,496

3,481

3,481

164,842,503

152,007,415

136,440,453

123,959,735

122,776,482

109,925,694

643,611
70,740
11,144
2,237
257,417
75,382

653,310
73,044
7,829
128
293,656
19,002

274,933

249,088

206,992

1,590
3,211,394
874,388
25,398
264,901
12,918

1,603
3,133,213
957,687
22,940
428,983
9,659
11,387

3,073,719
349,648

2,731,637
244,352

2,659,658
244,305

289,166

190,562

106,637

11,519
15,463,959

16,062,555

13,955,970

12,253,965

13,170,029

20,926,598

21,674,996

17,943,436

15,669,604

16,387,621

$ (143,915,905)

$ (130,332,419)

$ (118,497,017)

$ (108,290,131)

103

$ (106,388,861)

2,498,812

10,357,636
505,241
13,361,689

$ (96,564,005)

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

CHANGES IN NET ASSETS
LAST TEN FISCAL YEARS
(ACCRUAL BASIS OF ACCOUNTING)

2011
General Revenues and Other Changes in Net Assets
Governmental Activities:
Property Taxes, Levied for General Purposes
Property Taxes, Levied for Debt Service
Investment Earnings
State Aid - Formula Grants - Unrestricted
Grants and Contributions Not Restricted
to Specific Programs
Miscellaneous
Special item - gain on sale of asset
Total Primary Government General Revenues
Change in Net Assets - Total Primary Government

104

2010

2009

74,151,360
29,893,334
493,138
70,295,035

$ 77,282,606
31,230,001
417,602
61,748,632

557,567

50,311

22,211
171,723

454,740
159,794

175,390,434

170,729,152

170,899,539

162,789,336

8,668,031

3,284,342

74,503,421
30,245,042
2,409,191
63,547,951

2008

(2,895,468)

67,412,374
27,692,617
3,154,609
63,915,202

2,254,761

Table 2
Page 2 of 2

2007

82,211,619
19,516,637
3,162,914
43,064,029

2006

1,536,777
135,298
3,819,045
153,446,319
$

9,530,414

2005

2004

2003

2002

78,954,378
18,340,815
2,221,687
29,988,064

$ 73,138,632
17,114,748
2,171,642
27,797,716

$ 67,363,426
15,763,326
578,440
21,697,418

$ 64,255,195
13,739,980
907,667
22,135,391

$ 48,017,817
9,222,948
1,406,793
33,007,077

407,493
641,285

333,760
188,198

177,614
268,832

260,259
564,637

185,237
482,043

130,553,722

120,744,696

105,849,056

101,863,129

92,321,915

221,303

2,247,679

(2,441,075)

105

(4,525,732)

(4,242,090)

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(MODIFIED ACCRUAL BASIS OF ACCOUNTING)

2011
General Fund
Nonspendable:
Investment in inventories
Prepaid items
Assigned:
Other purposes
Unassigned
Total General Fund

All Other Governmental Funds

Nonspendable:
Investment in inventories
Prepaid items
Restricted:
Grant Funds
Capital acquisitions and contractual
obligations
Debt Service
Committed:
Other committed
Assigned:
Unassigned
Total All Other Governmental Funds

268,198
788,398

2010

279,763
777,320

2009

118,398
618,129

2008

162,937
161,630

10,548
24,206,347
$ 25,273,491

16,625,462
$ 17,682,545

12,685,986
$ 13,422,513

16,177,531
$ 16,502,098

108,093
167,593

13,398

808,623

1,899,183

1,677,007

2,455,148

77,757,689
1,643,443

86,530,605
3,096,937

106,398,420
4,116,832

135,301,946
3,696,794

1,210,069

985,576

878,098

783,375

$ 81,695,510

$ 92,525,699

Source: District Financial Statements

Fund balance classifications for fiscal years prior to 2011 have been recast
to reflect GASB Statement No. 54 classifications for comparative purposes.

106

(56)
$ 113,070,301

(183,955)
$ 142,053,308

Table 3

2007

181,528
145,240

2006

2005

230,335

18,805,325
$ 19,132,093

11,612,955
$ 11,843,290

2004

112,175
52,209

8,066,264
8,230,648

71,819
70,019

4,944,088
5,085,926

2003

90,643
563,541

6,945,856
7,600,040

2002

104,135
424,225

5,179,845
5,708,205

3,124,536

2,402,284

1,064,459

638,912

414,549

579,053

18,789,413
1,845,631

2,489,505

27,925,290
2,096,576

25,441,721
1,999,718

10,481,108
1,675,442

15,760,302
1,565,289

771,607

757,850

1,734,984

1,755,625

1,909,393

1,820,971

(116,314)
$ 24,414,873

(6,712,267)
$ (1,062,628)

(88,613)
$ 32,732,696

107

$ 29,835,976

(135,785)
$ 14,344,707

(8,371)
$ 19,717,244

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(MODIFIED ACCRUAL BASIS OF ACCOUNTING)

Revenues
Local, Intermediate, and Out-of-State
State Programs
Federal Programs
Total Revenues
Expenditures
Current:
Instruction
Instructional Resources and Media Services
Curriculum and Instructional Staff Development
Instructional Leadership
School Leadership
Guidance, Counseling, and Evaluation Services
Social Work Services
Health Services
Student Transportation
Food Services
Cocurricular/Extracurricular Activities
General Administration
Facilities Maintenance and Operations
Security and Monitoring Services
Data Processing Services
Community Services
Principal on Long-term Debt
Interest on Long-term Debt
Bond Issuance Costs and Fees
Facilities Acquisition and Construction
Payments related to shared services arrangements
Payments to Juvenile Justice Alt. Ed. Prgm.
Other Intergovernmental Charges
Total Expenditures
Excess (Deficiency) of Revenues Over
(Under) Expenditures

2011

2010

2009

$ 112,980,468
80,241,196
24,618,084
217,839,748

$ 116,404,455
70,435,028
25,303,610
212,143,093

$ 113,426,921
73,381,316
12,669,277
199,477,514

104,586,009
2,888,856
6,118,963
2,455,813
9,941,114
6,373,232
473,573
1,832,548
7,421,508
10,533,520
5,712,394
3,780,020
12,974,345
3,818,430
3,557,499
251,683
11,784,934
19,789,263
276,591
3,679,392
2,505,714
15,642
564,007
221,335,050

104,374,052
2,877,675
6,056,306
2,563,892
9,863,547
6,633,242
441,668
1,596,312
7,094,022
9,723,969
5,661,053
3,631,310
15,314,846
2,752,632
4,069,284
136,274
14,870,000
17,624,815
210,049
10,102,907
2,379,337
555,974
228,533,166

99,246,993
3,390,660
5,472,684
2,016,242
10,576,334
5,969,339
441,284
1,585,411
6,963,600
9,222,653
4,852,312
3,692,732
14,900,930
2,260,900
2,268,351
125,400
12,140,000
19,528,347
4,450
23,460,093
2,881,565
19,987
568,410
231,588,677

14,141
513,372
203,254,851

(16,390,073)

(32,111,163)

(10,991,567)

(3,495,302)

108

2008
$

107,933,585
73,095,749
11,233,950
192,263,284

91,042,438
3,161,886
4,085,028
1,671,651
9,894,351
5,918,195
422,553
1,478,116
6,862,075
8,603,027
4,413,903
3,686,453
15,590,266
1,125,442
1,768,997
113,423
17,565,319
13,436,105
6,900
11,881,210

Table 4
Page 1 of 2

2007

2006

2005

$ 107,849,751
50,877,181
8,995,786
167,722,718

$ 106,355,368
36,262,538
9,598,405
152,216,311

82,344,130
3,524,940
3,298,576
1,161,885
8,220,585
4,685,561
265,076
1,438,394
5,871,150
7,092,533
4,037,054
3,951,122
14,139,174
960,688
1,599,842
62,456
9,950,000
14,321,841
5,616
12,134,341

74,274,567
3,241,542
2,576,041
1,020,874
7,355,922
4,283,200
172,198
1,164,311
5,698,488
6,725,532
4,073,224
3,577,837
13,627,565
1,079,581
1,482,856
96,539
8,956,835
13,830,485
11,642
29,500,286

65,614,093
2,877,924
2,265,606
881,600
6,810,296
3,934,529
197,332
1,108,736
5,190,783
5,739,430
3,621,513
3,319,737
12,516,801
1,075,320
963,767
51,930
9,215,278
12,847,738

59,918,270
2,518,545
1,625,403
790,986
6,160,037
3,620,811
174,691
1,113,034
4,726,043
4,880,059
3,650,957
2,854,169
12,750,846
362,873
856,635
77,047
6,144,703
12,754,534

62,181,147
2,388,229
1,982,018
682,074
6,205,979
3,434,237
136,427
1,005,511
4,246,125
4,638,974
3,409,359
2,509,975
11,448,132
203,591
802,467
41,968
4,762,689
12,714,356

837,993
3,595,890
3,980,283
2,956,438
2,555,886
9,143,461
172,019
639,064
35,438
2,471,167
13,672,396

26,032,431

9,161,594

20,338,305

54,349,158

3,068

3,540

5,192

8,496

3,481

3,481

179,068,032

182,753,065

164,270,036

134,149,733

143,135,044

162,532,017

(11,345,314)

(30,536,754)

(25,215,722)

(13,043,962)

(23,727,864)

(57,172,545)

98,199,466
33,038,480
7,816,368
139,054,314

2004
$

88,588,856
26,870,932
5,645,983
121,105,771

109

2003
$

82,986,724
31,492,650
4,927,806
119,407,180

2002
$

63,086,657
38,393,348
3,879,467
105,359,472

55,360,972
1,859,793
1,676,236
603,147
5,548,397
3,070,798

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(MODIFIED ACCRUAL BASIS OF ACCOUNTING)

2011
Other Financing Sources (Uses)
Refunding Bonds Issued
Issuance of Capital Related Debt (Regular Bonds)
Premium/Discount from Issuance of Bonds
Other Resources
Sale of Real and Personal Property
Other Sources (Uses)
Transfers In
Transfers Out
Payment to Refunded Bond Escrow Agent
Total Other Financing Sources (Uses)

Debt Service as a Percentage of

Noncapital Expenditures

1,467,626

20,420,000

2009

1,073,910
(1,073,910)
(24,859,196)
268,908

(22,625,843)
144,407

(12,850)

(38,904)

(3,239,244)

14.69%

110

$
121,715,000
4,220,319
43,440
5,138
56,650
(56,650)

(63,245)

2008

2,413,495

5,478

Special items
Net Change in Fund Balances

23,655,000

2010

(16,284,570)

15.06%

55,912
8,774

48,578

(32,062,585)

15.24%

126,000,005

115,008,438

15.89%

Table 4
Page 2 of 2

2007

2006

2005

$ 101,253,912
30,281,476

40,000,000
1,867
4,106,574
3,177

100

32,766,304

14.55%

100

(30,536,654)

14.94%

2,394
111,836
35,062
(35,062)
(100,392,454)
31,257,164

78,378
(78,378)
44,111,618

2004

6,041,442

16.05%

$
20,013,053

15,741
10,376

214,809
23,800

26,021,117

20,251,662

12,977,155

2002

25,915,000
80,000

15.21%

111

2003

(3,476,202)

14.26%

10,422,316
59,560,000
24,331
414,865

(10,570,606)
59,850,906

2,678,361

14.94%

(This page is intentionally left blank.)

112

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Table 5

ASSESSED VALUE AND ACTUAL VALUE OF TAXABLE PROPERTY

LAST TEN FISCAL YEARS

Fiscal Year
Ended
August 31,
2011

Appraised Value
Real Property
Personal Property
Value
Value
Travis & Williamson (1)
Travis
$

6,990,955,971

Less
Exemptions
Travis

Taxable
Assessed
Value

928,000,481

$ 1,128,460,284

$ 6,790,496,168

Total
Direct
Rate (2)
$

1.4600

2010

7,001,868,479

1,168,252,825

1,236,404,902

6,933,716,402

1.4600

2009

6,975,643,971

1,498,765,369

1,439,680,945

7,034,728,395

1.4600

2008

6,060,160,682

1,640,470,968

1,548,427,041

6,152,204,609

1.4700

2007

5,474,463,029

1,547,238,633

1,278,540,063

5,743,161,599

1.6800

2006

4,988,896,471

1,103,365,959

1,136,709,701

4,955,552,729

1.8500

2005

4,705,279,643

835,499,798

714,074,051

4,826,705,390

1.8300

2004

4,496,587,755

728,564,993

701,900,663

4,523,252,085

1.8500

2003

4,396,745,239

709,269,679

710,394,309

4,395,620,609

1.6900

2002

3,793,515,327

501,965,256

613,825,190

3,681,655,393

1.4700

Sources: Travis Central Appraisal District and Williamson Central Appraaisal District
(1) Williamson County values are before freeze. Prior to fiscal year 2008, Williamson appraisal information maintained by
and included in Travis Central Appraisal District totals.
(2) Tax Rates are per $100 of taxable assessed value.

113

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

PROPERTY TAX RATES - DIRECT AND OVERLAPPING GOVERNMENTS
(PER $100 OF ASSESSED VALUE)
LAST TEN FISCAL YEARS

Taxing Authority
Overlapping Rates:
Austin, City of
Kelly Lane WCID #1
Lakeside MUD #3
Lakeside MUD #2D
Lakeside WCID #1
Lakeside WCID #2-B
Lakeside WCID #2-C
Northeast Travis County UD
Northtown MUD
Pflugerville, City of
Travis County
Travis County Emergency Service #2
Travis County MUD #15
Wells Branch MUD
Williamson County
Williamson Co. Water, Sewer, Irrigation and DD #3
Total Overlapping Rates
District Direct Rates:
Pflugerville ISD
Maintenance and Operations
Debt Service
Total District Direct Rates

2011 (5)
$

$
$

0.4571
0.9500
0.9000
0.9700
0.9000
0.9700
0.9700
0.8993
0.7500
0.6040
0.4215
0.1000
0.3325
0.4700
0.4600
0.8150
10.9694

1.0400
0.4200
1.4600

2010
$

$
$

0.4209
0.9500
0.9000
0.9700
0.8500
0.9700
0.9400
0.8993
0.7500
0.6090
0.4215
0.0997
0.3325
0.4700
0.7999
10.3828

1.0400
0.4200
1.4600

$
$

0.4012
0.9500
0.9000
0.9700
0.8500
0.9700
0.9000
0.8993
0.7500
0.6140
0.4122
0.1000
0.2925
0.4700
0.7730
10.2522

1.0400
0.4200
1.4600

Source: The Municipal Advisory Council of Texas

1) Data for Kelly Lane WCID #1,Lakeside MUD #3, and Lakeside WCID #2D not available prior to 2008
2) Data for Lakeside WCID #2B and Travis County MUD #15 not available prior to 2003
3) Data for Lakeside WCID #2C not available prior to 2005
4) Data for Northeast Travis County UD not available prior to 2004
5) Data for Williamson County not available prior to 2011
6) Data for Williamson Co. Water, Sewer, Irrigation and DD #3 not available prior to 2006

114

2008 (1)

2009
$

$
$

0.4034
0.9500
0.9000
0.9700
0.8500
0.9700
0.9000
0.8993
0.7500
0.6190
0.4216
0.1000
0.2500
0.4800
0.7730
10.2363

1.0400
0.4300
1.4700

Table 6

2006

2007
$

0.4126

0.8700
0.8700
0.8200
0.9300
0.7500
0.6240
0.4499
0.1000
0.2500
0.4800

$
$

0.8500
7.4065

1.3600
0.3200
1.6800

(6)

0.4430

2005
$

0.8700
0.8700
0.8700
0.9300
0.7500
0.6350
0.4993
0.1000
0.2300
0.4800

$
$

0.8500
7.5273

1.5000
0.3500
1.8500

(3)

0.4430

2004
$

0.8700
0.8700
0.8700
0.9300
0.7500
0.6400
0.4872
0.1000
0.4940
0.4800

(4)

0.4928

2003
$

(2)

0.4597

2002
$

0.4597

0.8700
0.8700

0.8700
0.8700

0.8700

0.9300
0.7500
0.6417
0.4918
0.1000
0.6500
0.5000

0.6500
0.6299
0.4660
0.1000
0.6500
0.5050

0.6500
0.6299
0.4660
0.1000
0.5200

6.9342

6.2963

5.2006

3.6956

1.4900
0.3400
1.8300

1.5000
0.3500
1.8500

1.3925
0.2975
1.6900

1.2350
0.2350
1.4700

115

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Table 7

PRINCIPAL TAXPAYERS
CURRENT YEAR AND NINE YEARS AGO

2011

2002
Percentage
of Total
Assessed
Value

Assessed
Value

Rank

$ 133,557,731

1.97%

Dell Inc.

63,962,919

0.94%

Oracle USA Inc

54,358,089

0.80%

A-S 93 SH 130-SH 45 LP

47,181,138

0.69%

Target Corporation

37,723,453

0.56%

AMB/TR Four 2001 Ltd.

37,630,739

0.55%

Oncor Electric Delivery Co

34,835,620

0.51%

San Paloma Apartments 100 LP

33,000,000

0.49%

Tech Ridge Austin LLC

29,000,000

0.43%

MBS - Sage Creek Ltd.

28,138,320

10

0.41%

Taxpayer
Dell USA LP

Assessed
Value

Rank

Percentage
of Total
Assessed
Value

29,564,150

0.80%

Applied Materials

230,156,618

6.25%

State Street Bank & Trust Comp.

151,662,364

4.12%

Dell Computer Corp.

110,526,702

3.00%

Societe Generale Financial Corp.

48,353,857

1.31%

Zavala Properties II, Inc.

35,500,000

0.96%

AMB/TR Three 2000 Ltd.

28,395,844

0.77%

Southwestern Bell Telephone Co.

26,161,478

0.71%

Simpson Parmer Ridge Limited

23,246,210

0.63%

Chardonnay at Wells Branch Assoc.

21,500,000

10

0.58%

Totals

$ 499,388,009

Total Assessed Value

$ 6,790,496,168

Source: Travis Central Appraisal District

116

7.35%

$ 705,067,223
$3,681,655,393

19.15%

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Table 8

PROPERTY TAX LEVIES AND COLLECTIONS

LAST TEN FISCAL YEARS

Collected within the

Fiscal Year of the Levy

Fiscal
Year

Tax Levy
For The
Fiscal
Year (1)

Amount

Percentage
of Net Tax
Levy

2011

$ 104,299,773

$ 103,466,286

99.20%

2010

108,187,522

107,041,100

98.94%

2009

104,331,449

103,367,737

2008

95,788,497

2007

Total Collections to Date

Percent of
Total Tax
Collections
To Net
Amount
Tax Levy

Collections
In
Subsequent
Years
$

103,466,286

99.20%

577,119

107,618,219

99.47%

99.08%

630,253

103,997,990

99.68%

95,563,864

99.77%

21,254

95,585,118

99.79%

98,058,936

97,306,560

99.23%

541,981

97,848,541

99.79%

2006

96,866,139

95,756,426

98.85%

955,177

96,711,603

99.84%

2005

89,623,503

88,400,947

98.64%

1,089,739

89,490,686

99.85%

2004

84,213,265

82,763,360

98.28%

1,175,493

83,938,853

99.67%

2003

76,213,874

75,813,609

99.47%

163,916

75,977,525

99.69%

2002

56,675,339

56,085,127

98.96%

468,957

56,554,084

99.79%

(1) Appraised value less exemptions equal taxable assessed value. The beginning taxable value net of adjustments
times the tax rate set by the District's Board of Trustees each fall equals the total net tax levy. The net tax levy for
prior years reflects ongoing adjustments applied to that year's tax levy.

117

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Table 9

RATIOS OF OUTSTANDING DEBT BY TYPE

LAST TEN FISCAL YEARS

Governmental Activities

Fiscal
Year

General
Obligation
Bonds

Total
Primary
Government

Ratio of Debt
to
Assessed
Value (1)

2011

$ 346,240,000

$ 346,240,000

5.10%

$ 16,179

2010

358,634,934

358,634,934

5.17%

17,311

2009

375,344,934

375,344,934

5.34%

18,457

2008

387,484,934

387,484,934

6.30%

19,891

2007

282,399,934

282,399,934

4.92%

15,193

2006

252,349,934

252,349,934

5.09%

14,323

2005

261,306,769

261,306,769

5.41%

15,743

2004

242,642,079

242,642,079

5.36%

15,450

2003

222,871,782

222,871,782

5.07%

14,881

2002

207,634,468

207,634,468

5.64%

14,397

(1) See Table 5 for assessed value data.

(2) See Table 16 for student enrollment data.

118

Debt
Per
Student (2)

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Table 10

RATIOS OF NET GENERAL OBLIGATION BONDED DEBT OUTSTANDING

LAST TEN FISCAL YEARS

Net Bonded
Debt

Ratio of Net
Bonded Debt
To Assessed
Value (1)

Net Bonded
Debt Per
Student (2)

1,643,443

$ 344,596,557

5.07%

$ 16,103

Less Amount
Available in
Debt Service Fund

Fiscal
Year

Gross Bonded
Debt

2011

$ 346,240,000

2010

358,634,934

3,096,937

355,537,997

5.13%

17,162

2009

375,344,934

4,116,832

371,228,102

5.28%

18,255

2008

387,484,934

3,696,794

383,788,140

6.24%

19,702

2007

282,399,934

1,845,631

280,554,303

4.89%

15,093

2006

252,349,934

2,489,505

249,860,429

5.04%

14,182

2005

261,306,769

2,096,576

259,210,193

5.37%

15,617

2004

242,642,079

1,999,718

240,642,361

5.32%

15,323

2003

222,871,782

1,675,442

221,196,340

5.03%

14,769

2002

207,634,468

1,565,289

206,069,179

5.60%

14,289

(1) See Table 5 for assessed value data.

(2) See Table 16 for student enrollment data.

119

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Table 11

COMPUTATION OF ESTIMATED DIRECT AND OVERLAPPING DEBT

August 31, 2011

Net Debt
Amount

Taxing Body
Overlapping:
Austin, City of
Austin Community College District
Kelly Lane WCID #1
Lakeside MUD #3
Lakeside WCID #1
Lakeside WCID #2-B
Lakeside WCID #2-C
Lakeside WCID #2-D
Northeast Travis County UD
Northtown MUD
Pflugerville, City of
Travis County
Travis County Emergency Service #2
Travis County MUD #15
Wells Branch MUD
Williamson County
Williamson Co. Water, Sewer, Irrigation and DD #3

1,104,567,994
93,163,659
4,140,000
3,000,000
5,765,000
6,560,000
5,590,000
4,210,000
18,505,000
24,590,000
159,050,000
604,794,987
1,820,000
7,010,000
1,615,000
813,584,942
22,487,754

Outstanding
Percent
As of
Overlapping
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11
08/31/11

3.66%
3.66%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
6.97%
100.00%
100.00%
36.36%
0.02%
30.19%

Total Net Overlapping Debt

Direct:
Pflugerville ISD

Share of
Debt
$ 40,427,189
3,409,790
4,140,000
3,000,000
5,765,000
6,560,000
5,590,000
4,210,000
18,505,000
24,590,000
159,050,000
42,154,211
1,820,000
7,010,000
587,214
162,717
6,789,053
333,770,174

346,240,000

08/31/11

Total Direct and Overlapping Debt

100.00%

346,240,000
$ 680,010,174

Source: "Texas Municipal Reports" published by the Municipal Advisory Council of Texas.
Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the District. This
schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and
businesses of the Pflugerville Independent School District. This process recognizes that, when considering the government's
ability to issue and repay long-term debt, the entire debt burden borne by the residents and businesses should be taken into
account. However, this does not imply that every taxpayer is a resident, and therefore responsible for paying the debt, of
overlapping government.

120

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Table 12

DEMOGRAPHIC AND ECONOMIC STATISTICS

LAST TEN FISCAL YEARS

Fiscal
Year

Total
Assessed
Value of
Residential
Units (2)

Residential
Units (1)

2010-11

33,455

2009-10

32,846

2008-09

6,890,666,818

Average
Assessed
Value Per
Residential
Unit
$

Average
Daily
Attendance (3)

Unemployment
Rate (4)

205,968

21,400

7.6%

7,188,110,975

218,843

20,717

7.3%

32,166

7,068,940,692

219,764

20,336

7.3%

2007-08

30,925

6,426,290,064

207,802

19,480

4.4%

2006-07

29,630

5,876,402,048

198,326

18,588

4.0%

2005-06

28,359

5,112,202,484

180,267

17,618

4.4%

2004-05

27,088

4,988,929,753

184,175

16,598

4.4%

2003-04

25,942

4,625,016,969

178,283

15,705

4.7%

2002-03

24,748

4,631,433,790

187,144

14,977

6.2%

2001-02

23,256

3,885,294,753

167,066

14,422

5.9%

(1) Source: Travis Central Appraisal District, Certified Totals, October supplement
Residential Units include: Single Family Residences, Multifamily Residences and Mobile Homes
(2) Source: Travis Central Appraisal District
(3) Source: Texas Education Agency
(4) Source: U. S. Bureau of Labor Statistics

121

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122

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Table 13

PRINCIPAL EMPLOYERS
CURRENT YEAR AND NINE YEARS AGO

2011

Employer
Pflugerville Independent School District
Wal-Mart (1)
City of Pflugerville (1)
HEB Grocery
Target
Avant Technologies
Flextronics
Austin Foam Plastics
Home Depot
Advanced Integration Technologies
Tinseltown
Albertson's
Pflugerville Care Center
Co Com Cabling
Beall's
Goodwill Industries
Total Employed

Employees
2,631
298
282
215
192
154
150
137
106
102

4,267

Rank
1
2
3
4
5
6
7
8
9
10

2002
Percentage
of Top Ten
Employers
61.66%
6.98%
6.61%
5.04%
4.50%
3.61%
3.52%
3.21%
2.48%
2.39%

100.00%

Employees

Rank

Percentage
of Top Ten
Employers

1,905

62.56%

200
400

3
2

6.57%
13.14%

180

5.91%

100
100
75
35
30
20
3,045

5
6
7
8
9
10

3.28%
3.28%
2.46%
1.15%
0.99%
0.66%
100.00%

Source: Pflugerville Community Development Corp., PISD Business Office, Oncor Economic Development Department
(1) Updated data for 2011 unavailable. Number of employees from 2010 used.

123

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

DEMOGRAPHIC STATISTICS
LAST TEN YEARS

Fiscal
Year
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002

(C)
Estimated
School
District
Population
116,118
109,722
103,039
107,298
94,978
97,288
N/A
N/A
N/A
N/A

(B)
(B)
Area
Population
1,728,307
1,682,338
1,633,870
1,577,856
1,515,485
1,453,358
1,410,058
1,376,030
1,347,822

Personal
Income
$
66,936,889,000
64,014,645,000
64,411,889,000
59,924,200,000
56,105,865,000
51,047,445,000
46,455,572,000
43,263,603,000
42,085,349,000

(B)
Per Capita
Personal
Income
$
38,730
38,051
39,423
37,978
37,022
35,124
32,946
31,441
31,225

(A)
(A)
Labor
Force
Employment
904,067
838,282
902,915
834,432
869,525
813,212
853,810
818,843
831,964
798,734
803,219
766,878
787,187
747,924
770,615
726,194
759,133
710,993
751,836
707,213

(A) Texas Workforce Commission, Austin-Round Rock-San Marcos Metropolitan Statistical Area
(B) Bureau of Economic Analysis, Austin-Round Rock-San Marcos Metropolitan Statistical Area
Data for 2011 unavailable
(C) 2002 - 2010 data from U.S. Census Bureau, American Community Survey. 2011 data
provided by Templeton Demographics, LLC

124

Table 14

(A)
Unemployment
65,785
68,483
56,313
34,967
33,230
36,341
39,263
44,421
48,140
44,623

(A)
(A)
(A)
Percent
Unemployment Construction Manufacturing
7.3%
40,200
49,100
7.6%
39,500
46,500
6.5%
42,400
50,700
4.1%
48,000
58,800
4.0%
45,700
59,200
4.5%
41,200
57,300
5.0%
37,800
57,300
5.8%
35,900
56,500
6.3%
36,600
59,400
5.9%
37,600
67,800

125

(A)

(A)

Trades Government
138,300
163,800
129,800
166,300
136,900
164,600
138,400
160,000
131,900
154,000
123,200
149,400
117,800
146,900
113,500
143,700
110,900
146,600
113,800
142,700

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

FULL-TIME EQUIVALENT DISTRICT EMPLOYEES BY POSITION
LAST TEN FISCAL YEARS

Position
Teachers
Teacher/Special Duty Teacher
Substitute Teacher
Teacher Totals

2011

2010

2009

2008

2007

1,508.2
0.1
1,508.3

1,450.2

1,458.0

1,379.3

1,256.0

1,450.2

1,458.0

1,379.3

1,256.0

40.4
8.9
24.4
4.6
1.0
4.0
25.4
18.1
5.5
20.8

45.1
8.0
25.7
4.4
1.0
4.0
24.9
20.0
6.5
22.4

49.6
7.0
24.0
3.7
1.0
3.5
24.7
20.0
6.5
20.2

36.2
5.0
24.0
4.5
3.0
24.6
20.0
4.0
20.8

28.0
4.8
11.0
37.0
233.9

41.1
3.9
12.0
34.0
253.0

24.1
1.0
8.0
26.0
219.3

30.1
1.0
3.0
22.0
198.2

47.0

53.0

45.0

41.0

24.4
71.4

27.0
80.0

27.0
72.0

24.9
65.9

1.0
23.0
1.0
4.5

4.0
26.9
1.0
5.0

1.0
14.4
1.0
5.0

1.0
14.0
1.6
6.0

36.0

1.0
30.5

1.0
37.9

2.0
23.4

1.0
23.6

Educational Aides
Aides
Educational Aides Totals

318.7
318.7

275.6
275.6

269.6
269.6

207.1
207.1

199.5
199.5

Auxiliary Support
Includes Clerical, Secretarial,
Grounds, Custodial, Maintenance
Auxiliary Support Totals

369.6
369.6

456.4
456.4

376.2
376.2

435.2
435.2

357.6
357.6

2,631.0

2,518.0

2,474.7

2,336.3

2,100.8

Professional Support
Counselor
Educational diagnostician
Librarian
Occupational Therapist
Orientation and Mobility Specialist
Physical Therapist
Nurse
LSSP/Psychologist
Social Worker
Speech Language Pathologist
Truant Officer
Teacher Facilitator
Athletic Trainer
Campus Professional Personnel
Non Campus Professional Personnel
Professional Support Totals

49.5
8.0
25.0
5.2
1.0
2.0
27.0
19.0
7.0
24.6
1.0
51.7
4.9
10.6
56.6
293.1

Campus Administration
Assistant Principal
Executive Director/Program Director
Principal
Teacher Supervisor
Athletic Director
Campus Administration Totals

47.0
6.0
25.9
20.6
5.8
105.3

Central Administration
Assistant/Deputy Supt
Instructional Officer
Superintendent
Teacher Supervisor
Athletic Director
Director of HR
Central Administration Totals

Total Employees

4.0
27.0
1.0
3.0
1.0

Source: PEIMS
(1) Detail data was not available for 2002

126

Table 15

2006

2005

2004

2003

2002 (1)

1,174.9

1,082.1

1,028.7

1,019.0

1,025.3

1,174.9

1,082.1

1,028.7

1,019.0

1,025.3

35.1
7.0
22.0
4.3
0.8
2.8
22.9
17.9
4.0
19.9

32.5
7.5
20.0
4.3
0.5
2.5
20.7
14.9
6.8
17.4

32.5
4.5
19.8
4.3

32.1
5.5
18.0
4.5

2.0
21.0
17.0
3.0
15.8

2.0
20.0
14.9
2.9
15.9

21.5

13.5

9.3

5.2

3.0
20.0
181.2

1.8
20.0
162.4

1.0
18.3
148.5

1.0
17.3
139.3

36.4

32.6

31.0

32.0

22.0
58.4

22.0
54.6

22.0
53.0

21.0
53.0

1.0
16.8
1.0

1.3
15.4

1.3
17.3
1.0

1.3
12.0
1.0
7.5
0.3

120.3

52.6

1.0
19.8

0.3
1.0
18.0

19.6

22.1

19.7

144.9
144.9

156.3
156.3

134.1
134.1

138.0
138.0

127.9
127.9

387.8
387.8

353.0
353.0

345.0
345.0

306.4
306.4

284.6
284.6

1,967.0

1,826.4

1,728.9

1,677.8

1,630.4

127

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

OPERATING STATISTICS
LAST TEN FISCAL YEARS

Fiscal
Year

Average
Daily
Attendance

2011

21,400

2010

20,717

2009

Cost
Per
Student

Operating
Expenditures
$

183,079,098

Percentage
Change

Government
Wide
Expenses

8,555

-4.57%

$ 208,934,878

185,725,395

8,965

3.32%

208,391,282

20,336

176,455,787

8,677

5.40%

203,107,512

2008

19,480

160,365,317

8,232

7.26%

187,059,878

2007

18,588

142,666,234

7,675

3.65%

164,842,503

2006

17,618

130,453,817

7,405

5.79%

152,007,415

2005

16,598

116,174,589

6,999

3.62%

136,440,453

2004

15,705

106,088,902

6,755

-3.94%

123,959,735

2003

14,977

105,319,694

7,032

10.19%

122,776,482

2002

14,422

92,039,296

6,382

6.61%

109,925,694

(1) Teaching Staff includes Teachers and Teacher Assistants.

Source: Yearly audit "Statement of Revenues, Expenditures and Changes in Fund Balance Governmental Funds Operating expenditures are total expenditures less debt service and capital
outlay (to the extent capitalized for the government-wide statement of net assets) and
expenditures for capitalized assets included within the functional expenditures categories.

128

Table 16

Cost
Per
Student
$

Percentage
Change

Teaching
Staff (1)

Student to
Teacher
Ratio

Percentage of
Students in
Free/Reduced
Lunch Program

9,763

-2.94%

1,502

14.25

52.60%

10,059

0.71%

1,475

14.05

50.40%

9,988

4.01%

1,458

13.95

42.31%

9,603

8.28%

1,382

14.10

44.30%

8,868

2.78%

1,256

14.80

41.71%

8,628

4.96%

1,175

14.99

40.21%

8,220

4.15%

1,082

15.34

36.86%

7,893

-3.72%

1,029

15.26

33.76%

8,198

7.55%

1,019

14.70

29.34%

7,622

N/A

1,025

14.07

25.47%

129

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130

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Table 17

TEACHER BASE SALARIES

LAST TEN FISCAL YEARS

Fiscal
Year
2011

Minimum
Salary (1)
$

41,000

Region
Average
Salary (2)

Maximum
Salary (1)
$

57,350

47,158

Statewide
Average
Salary (2)
$

48,638

2010

41,000

57,350

46,979

48,263

2009

40,950

57,350

45,604

47,159

2008

40,000

56,400

44,752

46,179

2007

38,000

53,500

43,781

44,897

2006

35,200

51,000

40,170

41,744

2005

34,500

50,500

39,856

41,011

2004

34,000

50,000

39,390

40,478

2003

33,000

47,500

39,047

39,974

2002

32,000

47,000

38,324

39,232

(1) Source: District records

(2) Source: Texas Education Agency website, AEIS report

131

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

SCHOOL BUILDING INFORMATION
LAST TEN FISCAL YEARS

Building:
HIGH SCHOOLS
Pflugerville High School
Square Footage
Capacity
Enrollment
Hendrickson High School
Square Footage
Capacity
Enrollment
Connally High School
Square Footage
Capacity
Enrollment
Opportunity Center
Square Footage
Capacity
Enrollment
MIDDLE SCHOOLS
Pflugerville Middle School
Square Footage
Capacity
Enrollment
Westview Middle School
Square Footage
Capacity
Enrollment
Park Crest Middle School
Square Footage
Capacity
Enrollment
Dessau Middle School
Square Footage
Capacity
Enrollment
Kelly Lane Middle School
Square Footage
Capacity
Enrollment
Opportunity Center
Square Footage
Capacity
Enrollment

2011

2010

2009

2008

335,550
2,550
2,237

310,448
2,475
2,244

285,346
2,400
2,290

285,346
2,400
2,219

380,130
2,500
2,108

380,130
2,500
1,911

380,130
2,500
1,947

380,130
2,500
1,810

314,876
2,250
1,946

298,333
2,325
2,044

281,790
2,400
2,084

281,790
2,400
2,006

19,691
256
0

19,691
256

19,691
256

19,691
256
183

111,036
1,375
1,028

111,036
1,375
1,069

111,036
1,375
1,074

111,036
1,375
1,153

112,245
1,100
955

112,245
1,100
896

112,245
1,100
858

112,245
1,100
821

116,800
1,300
942

116,800
1,300
874

116,800
1,300
862

116,800
1,300
921

121,200
1,300
995

121,200
1,300
1,007

121,200
1,300
1,029

121,200
1,300
1,033

139,000
1,250
1,106

139,000
1,250
1,029

139,000
1,250
1,022

139,000
1,250
861

21

Source: District Records

132

Table 18
Page 1 of 3

2007

2006

2005

2004

2003

2002

285,346
2,400
2,110

285,346
2,400
2,029

285,346
2,400
2,065

285,346
2,400
2,180

285,346
2,400
2,474

285,346
2,400
2,267

380,130
2,500
1,436

380,130
2,500
1,277

380,130
2,500
853

380,130
2,500
494

380,130
2,500

281,790
2,400
1,969

281,790
2,400
1,852

281,790
2,400
1,850

281,790
2,400
1,876

281,790
2,400
1,858

281,790
2,400
1,845

19,691
256
167

129

128

85

61

73

111,036
1,375
1,063

111,036
1,375
1,080

111,036
1,375
1,031

111,036
1,375
1,031

111,036
1,375
1,048

111,036
1,375
957

112,245
1,100
843

112,245
1,100
848

112,245
1,100
842

112,245
1,100
841

112,245
1,100
810

112,245
1,100
846

116,800
1,300
903

116,800
1,300
1,371

116,800
1,300
1,253

116,800
1,300
1,081

116,800
1,300
1,018

116,800
1,300
961

121,200
1,300
990

121,200
1,300
962

121,200
1,300
893

121,200
1,300
873

121,200
1,300
838

121,200
1,300
785

139,000
1,250
655

139,000
1,250

13

18

23

12

15

133

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

SCHOOL BUILDING INFORMATION
LAST TEN FISCAL YEARS

Building:
ELEMENTARY SCHOOLS
Parmer Lane Elementary School
Square Footage
Capacity
Enrollment
Timmerman Elementary School
Square Footage
Capacity
Enrollment
Pflugerville Elementary School
Square Footage
Capacity
Enrollment
Northwest Elementary School
Square Footage
Capacity
Enrollment
Dessau Elementary School
Square Footage
Capacity
Enrollment
Windermere Elementary School
Square Footage
Capacity
Enrollment
River Oaks Elementary School
Square Footage
Capacity
Enrollment
Brookhollow Elementary School
Square Footage
Capacity
Enrollment
Spring Hill Elementary School
Square Footage
Capacity
Enrollment
Windermere Primary School
Square Footage
Capacity
Enrollment

2011

2010

2009

2008

63,634
650
543

63,634
650
613

63,634
650
619

63,634
650
615

58,792
550
574

58,792
550
530

58,792
550
524

58,792
550
516

77,922
600
520

77,922
600
519

77,922
600
530

77,922
600
538

62,000
600
623

62,000
600
599

62,000
600
584

62,000
600
528

64,150
650
623

64,150
650
588

64,150
650
586

64,150
650
525

66,272
750
488

66,272
750
477

66,272
750
481

66,272
750
492

66,512
750
526

66,512
750
475

66,512
750
476

66,512
750
473

66,512
750
549

66,512
750
577

66,512
750
572

66,512
750
611

68,600
750
741

68,600
750
746

68,600
750
743

68,600
750
706

68,752
750
612

68,752
750
642

68,752
750
650

68,752
750
565

Source: District Records

134

Table 18
Page 2 of 3

2007

2006

2005

2004

2003

2002

63,634
650
674

63,634
650
677

63,634
650
661

63,634
650
646

63,634
650
604

63,634
650
571

58,792
550
478

58,792
550
497

58,792
550
488

58,792
550
480

58,792
550
500

58,792
550
489

77,922
600
540

77,922
600
523

77,922
600
507

77,922
600
528

77,922
600
534

77,922
600
496

62,000
600
498

62,000
600
533

62,000
600
515

62,000
600
497

62,000
600
467

62,000
600
611

64,150
650
539

64,150
650
524

64,150
650
477

64,150
650
437

64,150
650
392

64,150
650
641

66,272
750
513

66,272
750
570

66,272
750
562

66,272
750
538

66,272
750
473

66,272
750
625

66,512
750
528

66,512
750
529

66,512
750
559

66,512
750
568

66,512
750
632

66,512
750
609

66,512
750
645

66,512
750
793

66,512
750
702

66,512
750
555

66,512
750
546

66,512
750
700

68,600
750
637

68,600
750
579

68,600
750
557

68,600
750
619

68,600
750
636

68,600
750
688

68,752
750
614

68,752
750
683

68,752
750
668

68,752
750
624

68,752
750
542

68,752
750
670

135

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

SCHOOL BUILDING INFORMATION
LAST TEN FISCAL YEARS

Building:
Copperfield Elementary School
Square Footage
Capacity
Enrollment
Murchison Elementary School
Square Footage
Capacity
Enrollment
Delco Primary School
Square Footage
Capacity
Enrollment
Caldwell Elementary School
Square Footage
Capacity
Enrollment
Rowe Lane Elementary School
Square Footage
Capacity
Enrollment
Highland Park Elementary School
Square Footage
Capacity
Enrollment
Wieland Elementary School
Square Footage
Capacity
Enrollment
Riojas Elementary School
Square Footage
Capacity
Enrollment

2011

2010

2009

2008

77,922
850
600

77,922
850
621

77,922
850
613

77,922
850
630

77,922
850
834

77,922
850
861

77,922
850
860

77,922
850
798

68,752
750
701

68,752
750
649

68,752
750
630

68,752
750
625

73,007
800
760

73,007
800
729

73,007
800
750

73,007
800
734

75,007
750
728

75,007
750
726

75,007
750
698

75,007
750
681

75,007
750
692

75,007
750
849

75,007
750
845

75,007
750
858

75,490
750
766

75,490
750
676

75,490
750
680

75,490
750
648

71,624
700
453

71,624
700

Source: District Records

136

Table 18
Page 3 of 3

2007

2006

2005

2004

2003

2002

77,922
850
783

77,922
850
742

77,922
850
705

77,922
850
746

77,922
850
682

77,922
850
692

77,922
850
598

77,922
850
557

77,922
850
874

77,922
850
784

77,922
850
725

77,922
850
653

68,752
750
648

68,752
750
635

68,752
750
539

68,752
750
458

68,752
750
435

68,752
750

73,007
800
664

73,007
800
808

73,007
800
773

73,007
800
587

73,007
800
519

73,007
800

75,007
750
550

75,007
750
488

75,007
750
666

75,007
750

75,490
750

137

(This page intentionally left blank.)

138

Federal Awards Section

139

(This page intentionally left blank.)

140

Independent Auditors Report on Internal Control over Financial Reporting

and on Compliance and Other Matters Based on an Audit of Financial
Statements Performed in Accordance with Government Auditing Standards
To the Board of Trustees
Pflugerville Independent School District
Pflugerville, Texas
We have audited the financial statements of the governmental activities, the business-type activities, each
major fund, and the aggregate remaining fund information of Pflugerville Independent School District
(the District) as of and for the year ended August 31, 2011, which collectively comprise the Districts
basic financial statements and have issued our report thereon dated January 12, 2012. We conducted our
audit in accordance with auditing standards generally accepted in the United States of America and the
standards applicable to financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States.
Internal Control over Financial Reporting
In planning and performing our audit, we considered the Districts internal control over financial
reporting as a basis for designing our auditing procedures for the purpose of expressing our opinion on
the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the
Districts internal control over financial reporting. Accordingly, we do not express an opinion on the
effectiveness of the Districts internal control over financial reporting.
A deficiency in internal control exists when the design or operation of a control does not allow
management or employees, in the normal course of performing their assigned functions, to prevent, or
detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination
of deficiencies, in internal control such that there is a reasonable possibility that a material misstatement
of the entitys financial statements will not be prevented, or detected and corrected on a timely basis.
Our consideration of internal control over financial reporting was for the limited purpose described in the
first paragraph of this section and was not designed to identify all deficiencies in internal control over
financial reporting that might be deficiencies, significant deficiencies, or material weaknesses. We did not
identify any deficiencies in internal control over financial reporting that we consider to be material
weaknesses, as defined above.

141
3411 Richmond | Suite 500 | Houston, TX 77046 | (P) 713.621.1515 | (F) 713.621.1570
www.null-lairson.com

To the Board of Trustees

Pflugerville Independent School District
Pflugerville, Texas

Compliance and Other Matters

As part of obtaining reasonable assurance about whether the Districts financial statements are free of
material misstatement, we performed tests of its compliance with certain provisions of laws, regulations,
contracts, and grant agreements, noncompliance with which could have direct and material effect on the
determination of financial statement amounts. However, providing an opinion on compliance with those
provisions was not an objective of our audit and accordingly, we do not express such an opinion. The
results of our tests disclosed no instances of noncompliance or other matters that are required to be
reported under Government Auditing Standards.
This report is intended solely for the information and use of the board of trustees, management, others
within the entity, the Texas Education Agency and other applicable federal awarding agencies and passthrough entities and is not intended to be, and should not be used by anyone other than these specified
parties.

Null-Lairson, PC
Houston, Texas
January 12, 2012

142

Independent Auditors Report on Compliance with Requirements that Could have a Direct and
Material Effect on each Major Program and on Internal Control over Compliance
in Accordance with OMB Circular A-133

To the Board of Trustees

Pflugerville Independent School District
Pflugerville, Texas
Compliance
We have audited Pflugerville Independent School Districts (the District) compliance with the types of
compliance requirements described in the U. S. Office of Management and Budget (OMB) Circular A133 Compliance Supplement that could have a direct and material effect on each of the Districts major
federal programs for the year ended August 31, 2011. The District's major federal programs are identified
in the summary of auditors results section of the accompanying schedule of findings and questioned
costs. Compliance with the requirements of laws, regulations, contracts and grants applicable to each of
its major federal programs is the responsibility of the Districts management. Our responsibility is to
express an opinion on the District's compliance based on our audit.
We conducted our audit of compliance in accordance with auditing standards generally accepted in the
United States of America; the standards applicable to financial audits contained in Government Auditing
Standards, issued by the Comptroller General of the United States; and OMB Circular A-133, Audits of
States, Local Governments, and Non-Profit Organizations. Those standards and OMB Circular A-133
require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance
with the types of compliance requirements referred to above that could have a direct and material effect
on a major federal program occurred. An audit includes examining, on a test basis, evidence about the
District's compliance with those requirements and performing such other procedures as we considered
necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.
Our audit does not provide a legal determination of the District's compliance with those requirements.
In our opinion, the District complied, in all material respects, with the compliance requirements referred
to above that could have a direct and material effect on each of its major federal programs for the year end
August 31, 2011.
Internal Control over Compliance
Management of the District is responsible for establishing and maintaining effective internal control over
compliance with the requirements of laws, regulations, contracts and grants applicable to federal
programs. In planning and performing our audit, we considered the Districts internal control over
compliance with the requirements that could have a direct and material effect on a major federal program
to determine the auditing procedures for the purpose of expressing our opinion on compliance and to test
and report on internal control over compliance in accordance with OMB Circular A-133, but not for the
purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly,
we do not express an opinion on the effectiveness of the Districts internal control over compliance.

143
3411 Richmond | Suite 500 | Houston, TX 77046 | (P) 713.621.1515 | (F) 713.621.1570
www.null-lairson.com

To the Board of Trustees

Pflugerville Independent School District
Pflugerville, Texas

A deficiency in internal control over compliance exists when the design or operation of a control over
compliance does not allow management or employees, in the normal course of performing their assigned
functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a
federal program on a timely basis. A material weakness in internal control over compliance is a
deficiency, or combination of deficiencies, in internal control over compliance, such that there is a
reasonable possibility that material noncompliance with a type of compliance requirement of a federal
program will not be prevented, or detected and corrected, on a timely basis.
Our consideration of internal control over compliance was for the limited purpose described in the first
paragraph of this section and was not designed to identify all deficiencies in internal control over
compliance that might be deficiencies, significant deficiencies, or material weaknesses. We did not
identify any deficiencies in internal control over compliance that we consider to be material weaknesses,
as defined above.
Closing
This report is intended solely for the information and use of the board of trustees, management, others
within the organization, the Texas Education Agency and other applicable federal awarding agencies and
pass-through entities and is not intended to be, and should not be used by anyone other than these
specified parties.

Null-Lairson, PC
Houston, Texas
January 12, 2012

144

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

SCHEDULE OF FINDINGS AND QUESTIONED COSTS
For The Year Ended August 31, 2011

I. Summary Of Auditors Results

Financial Statements
Type of auditors report issued

Unqualified

Internal control over financial reporting:

Material weakness (es) identified?

No

Significant deficiencies identified that are not considered to be material weaknesses?

Noncompliance material to the financial statements noted?

None reported
None noted

Federal Awards
Internal controls over major programs:
Material weakness (es) identified?

No

Significant deficiencies identified that are not considered to be material weaknesses?

None Reported

Type of auditors report issued on compliance for major programs:

Unqualified

Any audit findings disclosed that are required to be reported in accordance with
section .510(a) 2-7 of OMB Circular A-133

None

Identification of Major Programs:

CFDA Numbers

Name of Federal Program or Cluster:

84.010A
84.389A

Title I, Part A Cluster:

ESEA Title I - Improving Basic Programs
ESEA Title I - Improving Basic Programs ARRA

84.027A
84.173A
84.027A
84.391A
84.392A

Special Education Cluster:

IDEA Part B Formula
IDEA Part B Preschool
IDEA Part B Discretionary (High Cost Funds)
IDEA Part B Formula ARRA
IDEA Part B Preschool ARRA

84.318X
84.386A

Title II, Part D Cluster:

ESEA Title II, Part D Enhancing Education through Technology
ESEA Title II, Part D Enhancing Education through Technology ARRA

84.394A

Title XIV SFSF ARRA

Dollar threshold used to distinguish between type

A and type B federal programs

$706,791

Auditee qualified as a low-risk auditee

Yes

145

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

SCHEDULE OF FINDINGS AND QUESTIONED COSTS (continued)
For The Year Ended August 31, 2011

II. Financial Statement Findings

None noted

II. Federal Awards Findings and Questioned Costs

None noted

IV. Status of Prior Year Findings

Finding #10-01
Investment
Officer Training

Resolved. The Districts investment officers attended the required amount of

training to comply with PFIA requirements.

146

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit K-1

SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS

For the Year Ended August 31, 2011

(2A)

(1)

(2)

(3)

Pass-Through
Entity Identifying
Number

Federal Grantor / Pass-Through

Grantor / Program or Cluster Title

Federal
CFDA
Number

Federal
Expenditures

71401101
71301101

3000801

S515L060191

U.S. Department of Agriculture

Passed Through State Department of Education:
Cash Assistance:
School Breakfast Program*
National School Lunch Program*
Total Passed Through the State Department of Education
Passed Through Texas Department of Agriculture:
Noncash assistance:
National School Lunch Program - USDA Commodities*
Total Department of Agriculture
U.S. Department of Education
Direct:
Smaller Learning Communities
Total Smaller Learning Communities

10.553
10.555

10.555

1,606,732
4,695,230
6,301,962

456,030
6,757,992

84.215L

136,425
136,425

84.186A

9,966
9,966

ESEA Title I - Improving Basic Programs**

ESEA Title I - Improving Basic Programs**
ESEA Title I - Improving Basic Programs**
Total ESEA Title I - Improving Basic Programs

84.010A
84.010A
84.010A

77,081
1,949,475
116,234
2,142,790

116600012279046600
126600012279046600

IDEA Part B - Formula***

IDEA Part B - Formula***
Total IDEA Part B Formula

84.027A
84.027A

3,178,507
249,983
3,428,490

116610012279046610
126610012279046610

IDEA Part B - Preschool***

IDEA Part B - Preschool***
Total IDEA Part B Preschool

84.173A
84.173A

41,814
4,714
46,528

11420006227904

Vocational Education - Carl D. Perkins

Total Vocational Education - Carl D. Perkins

84.048A

175,457
175,457

11694501227904
12694501227904

ESEA Title II, Part A - Teacher and Principal Training

ESEA Title II, Part A - Teacher and Principal Training
Total ESEA Title II, Part A - Teacher and Principal Training

84.367A
84.367A

356,468
25,815
382,283

10691001227904

10610101227904
11610101227904
12610101227904

Pass Through State Department of Education:

ESEA Title IV - Safe and Drug Free Schools
Total ESEA Title IV - Safe and Drug Free Schools

147

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit K-1
(continued)

SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS

For the Year Ended August 31, 2011

(2A)
Pass-Through
Entity Identifying
Number
11630001227904

11671001227904
12671001227904

(1)

Federal Grantor / Pass-Through

Grantor / Program or Cluster Title
U.S. Department of Education (continued)
ESEA Title II, Part D - Enhancing Education through Technology****
Total ESEA Title II, Part D - Enhancing Education through Technology

(2)

(3)

Federal
CFDA
Number

Federal
Expenditures

84.318X

7,486
7,486

ESEA Title III, Part A - English Language Acquisition

ESEA Title III, Part A - English Language Acquisition
Total ESEA Title III, Part A - English Language Acquisition

84.365A
84.365A

435,073
27,731
462,804

Texas 21st Community Learning Centers

Texas 21st Community Learning Centers
Total Texas 21st Community Learning Centers

84.287C
84.287C

1,090,554
35,197
1,125,751

Title XIV SFSF ARRA

Total Title XIV SFSF ARRA

84.394A

6,165,405
6,165,405

ESEA Title II, Part D - Enhancing Education through Technology ARRA****

ESEA Title II, Part D - Enhancing Education through Technology ARRA - SSA****
Total ESEA Title II, Part D - Enhancing Education through Technology ARRA

84.386A
84.386A

69,565
221,559
291,124

10554001227904

IDEA Part B - Formula ARRA***

Total IDEA Part B Formula ARRA

84.391A

1,743,990
1,743,990

10555001227904

IDEA Part B - Preschool ARRA***

Total IDEA Part B Preschool ARRA

84.392A

31,863
31,863

10551001227904

ESEA Title I - Improving Basic Programs ARRA**

Total ESEA Title I - Improving Basic Programs ARRA

84.389A

423,764
423,764

LEP Summer School Program

Total LEP Summer School Program

84.369A

19,338
19,338

IDEA Part B - Discretionary (High Cost Funds)

Total IDEA Part B - Discretionary (High Cost Funds)

84.027A

31,914
31,914

106950137110044
126950177110044

11557001227904

10553001227904
105530027110022

69551002

11660006227904

Total Pass-Through Texas Education Agency

00-028
A09-006

00-006
0551030271213
S385A100176

Pass-Through Education Service Center Region X:

Texas Support for Homeless Education Program (TEXSHEP)
Texas Support for Homeless Education Program (TEXSHEP) ARRA
Total Passed Through Region X Education Service Center
Passed Through Region XIII Education Service Center:
Texas Support for Homeless Education Program (TEXSHEP)
Texas Placement Spanish Language Middle School Program
Teacher Incentive Fund - ARRA
Total Passed Through Region XIII Education Service Center

148

16,488,953

84.196
84.387

42,267
7,330
49,597

84.196
84.330C
84.385A

4,000
61
77,936
81,997

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit K-1
(continued)

SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS

For the Year Ended August 31, 2011

(2A)

(1)

Pass-Through
Entity Identifying
Number

31-4-91132-6580-00
111704.19

Federal Grantor / Pass-Through

Grantor / Program or Cluster Title
U.S. Department of Education (continued)
Passed through Austin Community College:
Regional Science Collaborative
Vocational Education - Tech Prep
Total Passed Through Austin Community College

(2)

(3)

Federal
CFDA
Number

Federal
Expenditures

84.366B
84.243

Total U.S. Department of Education

UTA09-000790

U.S. Department of Health and Human Services

Passed through University of Texas:
I-CAN Grant Program

U.S. Department of Energy

Direct:
State Energy Program

93.865

2,993
2,993

81.041

Total U.S. Department of Energy

30,000
30,000

Total Expenditures of Federal Awards

*
**
***
****

7,148
4,597
11,745
16,768,717

Total U.S. Department of Health and Human Services

DEFG2607NP43205

$ 23,559,702

Child Nutrition Cluster

Title I, Part A Cluster
Special Education Cluster
Title II, Part D - Enhancing Education Through Technology Cluster

149

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit K-2

NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS

Note 1 - Basis of Accounting

The District accounts for all awards under federal programs in the General and Certain Special Revenue
Funds in accordance with the Texas Education Agencys Financial Accountability System Resource
Guide. These programs are accounted for using a current financial resources measurement focus.
The modified accrual basis of accounting is used for these funds. This basis of accounting recognizes
revenues in the accounting period in which they become susceptible to accrual, i.e., both measurable and
available, and expenditures in the accounting period in which the liability is incurred, if measurable,
except for certain compensated absences and claims and judgments, which are recognized when the
obligations are expected to be liquidated with expendable available financial resources.
Federal grant funds are considered to be earned to the extent of expenditures made under the provisions of
the grant, and accordingly, when such funds are received, they are recorded as deferred revenues until
earned. Generally, unused balances are returned to the grantor at the close of specified project periods.
Note 2 - Basis of Presentation
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant
activity of the District under programs of the federal government for the year ended August 31, 2011. The
information in this schedule is presented in accordance with the requirements of the Office of
Management and Budget (OMB) Circular A-133, Audits of States, Local Government, and Non-Profit
Organizations. Because the schedule presents only a selected portion of the operations of the District, it is
not intended to and does not present the financial position, changes in net assets or cash flows of the
District.
Note 3 - Reconciliation of Basic Financial Statements
Federal Program Revenues (Per Exhibit C-3)
SHARS
JROTC

$ 24,618,084
(1,000,294)
(58,088)
$ 23,559,702

Note 4 - Subrecipients
Of the federal expenditures presented in the schedule, the District provided federal awards to
subrecipients as follows:

CFDA Number

Program Name

84.386A

ESEA Title II, Part D - Enhancing Education

through Technology (ARRA) SSA

150

Amount Provided to
Subrecipients
$

181,436

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit K-2

NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS (continued)

Note 4 - General Fund Federal Program Revenues

For purposes of regulatory requirements of the Texas Education Agency, a summary of federal program
revenues received in the general fund for the year ended August 31, 2011, are as follows:

CFDA
Number

Program or Source
SHARS
JROTC
Indirect Costs:
ESEA Title I - Improving Basic Programs
ESEA Title I - Improving Basic Programs ARRA
IDEA Part B - Formula
IDEA Part B - Formula ARRA
IDEA Part B - Preschool
IDEA Part B - Preschool ARRA
Vocational Education - Carl D. Perkins
ESEA Title IV - Safe and Drug Free Schools
ESEA Title II, Part A - Teacher and Principal Training
ESEA Title III, Part A - English Language Acquisition
ESEA Title II, Part D - Enhancing Education through
Technology
ESEA Title II, Part D - Enhancing Education through
Technology ARRA - SSA
Texas Support for Homeless Education Program (TEXSHEP)
Texas Support for Homeless Education Program ARRA
Smaller Learning Communities
Texas 21st Community Learning Centers
Total

151

Amount
$ 1,000,294
58,088

84.010A
84.389A
84.027A
84.391A
84.173A
84.392A
84.048A
84.186A
84.367A
84.365A

42,352
4,478
67,667
32,801
924
637
3,520
198
7,571
8,953

84.318X

140

84.386A
84.196
84.387
84.215L
84.287C

5,058
815
146
2,816
22,260
1,258,718

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT

Exhibit L-1

REQUIRED RESPONSES TO SELECTED SCHOOL FIRST INDICATORS

August 31, 2011

SF2

Were there any disclosures in the Annual Financial Report

and/or other sources of information concerning default on
bonded indebtedness obligations?

No

SF4

Did the district receive a clean audit? - Was there an

unqualified opinion in the Annual Financial Report?

Yes

SF5

Did the Annual Financial Report disclose any instances of

material weaknesses in internal controls?

No

SF9

Was there any disclosure in the Annual Financial Report of

material noncompliance?

No

SF10 Total accumulated accretion on CABs included in

government-wide financial statements at fiscal year-end
DO NOT PRINT

152