In Pasadena ISD, the Total M&O collections are $101,300,500. The sources of these funds are the tax rate of 1.07. The refined ADA in our district is 48,112.72, and the WADA is $66,505.14.
The local property value is $10,439,639,388. Compensatory education funds are $43,589,577.
Just over 78% of the students in Pasadena ISD are coming from economically disadvantaged households, and compensatory education funds are allocated for interventions, support personnel, and programs that are specific to their needs.
When comparing the amount of funds that are allocated versus the amount of the sources of funds, the district is balanced. I reviewed summary of finances and budget documents in my district for the past three years, and this same principle has held true. In review of these documents, and in reflection of the interview that I had with the assistant superintendent of business and operations, PISD allocates 85% of its funding to personnel costs. This has the most direct impact on the students.
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