A budget serves as the financial plan for the district. It shows proposed spending and revenue in broad categories by fund and function.
Revenues and expenditures are from audited data for Total Governmental Funds unless stated as General Operating only. Total Governmental Funds include General Operating, Food Service, Debt Service, and Capital Outlay. General Operating revenues and expenses affect students the most.
A check register is a listing of all payments incurred by the district. The check register includes the check date, number, payee, check amount and funding source.
In addition to the Annual Financial Report produced by the independent audit firm that carefully reviews the district’s finances each fall for the prior fiscal year, the CAFR is produced by the district’s Director of Finance to provide a more in-depth, quantitative look at the operating success, financial health, and compliance of the district. It includes a balance sheet, a statement of changes in financial position, a statement of revenues and expense, and a comparison of budgeted to actual expenses and revenues.
TEA evaluates each public school district and charter school in Texas, using numerous financial criteria to determine fiscal solvency and compliance to laws and regulations. Gilmer ISD always receives the highest rating on these reports.
The District’s property tax rate is made up of the Maintenance & Operations tax rate and the Debt Service tax rate. As its name suggests, the Maintenance & Operations tax rate provides funds for the district’s maintenance and operating costs. These costs include, but are not limited to, salaries and supplies for student instruction and services and for upkeep on buildings and vehicles. The Debt Service tax rate exclusively funds the cost of debt for necessary improvements approved by the taxpayers.
Property tax revenue includes tax collections received during the specified year, whether due for the current year or for prior years. The district has no sales tax revenue.
Government Finance Officers Association
2017-2018 Certificate of Achievement
2016-2017 Certificate of Achievement
2015-2016 Certificate of Achievement
2014-2015 Certificate of Achievement
2013-2014 Certificate of Achievement
2012-2013 Certificate of Achievement
2011-2012 Certificate of Achievement
School FIRST Rating
Annual Financial Reports - Audits
Comprehensive Annual Reports
ACFR 8.31.23-Comprehensive Reports
ACFR 8.31.22-Comprehensive Reports
ACFR 8.31.21-Comprehensive Reports
ACFR 8.31.20-Comprehensive Reports
ACFR 8.31.19-Comprehensive Reports
ACFR 8.31.18-Comprehensive Reports
ACFR 8.31.17-Comprehensive Reports
ACFR 8.31.16-Comprehensive Reports
ACFR 8.31.15-Comprehensive Reports
2022-2023 Adopted Budget – Raw Data
2023-2024 Tax Rate Calculation Worksheet
2022-2023 Tax Rate Calculation Worksheet
2021 Tax Rate Calculation Worksheet
2020-21 Adopted Budget – Raw Data
Adopted Budgets - Historical View
2019-20 Adopted Budget (Raw Data)
2018-19 Adopted Budget (Raw Data)
ACFR 8.31.23-Comprehensive Reports
ACFR 8.31.22-Comprehensive Reports
ACFR 8.31.21-Comprehensive Reports
ACFR 8.31.20-Comprehensive Reports
ACFR 8.31.19-Comprehensive Reports
ACFR 8.31.18-Comprehensive Reports
ACFR 8.31.17-Comprehensive Reports
ACFR 8.31.16-Comprehensive Reports
ACFR 8.31.15-Comprehensive Reports
Administration Offices:
Phone: 903-841-7400
Hours: Monday-Friday 8:00 am - 4:00 pm
Finance Contact:
Beverly Bobo
Director of Finance and Business Services
500 S. Trinity Street
Gilmer, Texas 75644
903-841-7405
bobob@gilmerisd.org
Open Records Request Contact:
Rick Albritton, District Superintendent