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L.A. Mills Administration
100 Walter Stephenson
Midlothian, TX 76065
P: 972-775-8296
F: 972-775-1757
Hours:
8a-4:30p (M-Th)
8a-4p (Fri.)

Administration
 

Dr. Edd Bigbee
Assistant Superintendent for Finance and Operations

 
Sandy Bundrick
Accountant
 
Vicky Davis
Purchasing Agent
 
Sharon Hendrickson
Accounting Clerk
 
Angie Trammell
Accounting Clerk
 
Tina Oakley
Accounting Clerk
   

Finance

The finance department is responsible for many monetary or financial issues involving purchases and budgeting within the district.

PDF icon General Fund

The General Fund is used to record most of the revenues and expenditures of the District. The revenues come primarily from the M&O (Maintenance and Operations) portion of the school taxes, State funds, athletic events, and interest on investments of the District.

General Fund expenditures are for all of the day-to-day operations of the District, for example: salaries of teachers, classroom aides, bus drivers, and maintenance workers; insurance; utilities; supplies; fuel for vehicles; lease payments; etc.

PDF icon Debt Service

The Debt Service Fund is primarily used to pay principal and interest on the District’s outstanding bond indebtedness. Revenues are mainly generated from the I&S (Interest and Sinking) portion of school taxes. Revenues in this fund are restricted in their use, and can only be used for debt-related expenditures.

PDF icon Food Service

The Food Service Fund is where all revenues and expenditures are recorded that relate to the nutrition needs of our students. The MISD contracts with ARAMARK to run its food service operations.

ARAMARK serves breakfast and lunch every school day at each school cafeteria. The Food Service operation is an approximate $2.1 million program.

 

Financial Information

• The MISD Interest and Sinking Fund Tax Rate (0.3675) is ranked 25th out of 31 fast growth school districts in DFW.

• Among the 4 largest Ellis County school districts (Ennis, Midlothian, Red Oak, Waxahachie), MISD homeowners (with homestead exemption) pay the lowest school taxes.

Texas Financial Integrity Rating System
MISD has earned "Superior Achievement" for six consecutive years in a row in the state's Schools FIRST program.

• One-Cent Tax Rate Reduction for 2009-2010. PDF icon Aug. 2009 Board Brief

 

Budgeted Expenditures $57,982,875
Expenditure Per Pupil $7,093
   
Local Tax Rate Per $100 Valuation $1.4075
Maintenance & Operation (M&O) $1.04
Debt Service (I&S) $.3675
Current Bond Indebtedness $344,130,357
   
Revenue Sources  
Local  (59.36%) $34,419,691
State (40.64%) $23,563,184
   
General Fund Budget Expenditures  
Instruction/Instructional Related 69.4%
Administration 4.8%
Debt Service 0.4%
Plant Services/Utilities 11.3%
TIRZ Contribution* 13.2%
Tax Collection Costs 0.8%
   
* Offset by state funding
 

 

 
 
Audit/Budget Reports
• PDF icon 2008-09 Audit
• PDF icon 2007-08 Audit
• PDF icon 2006-07 Audit
• PDF icon 2005-06 Audit
 
• PDF icon 2009-10 Budget
• PDF icon 2008-09 Budget
• PDF icon 2007-08 Budget
 

Helpful Links

Texas Mileage Guide
Disclosures
 
Useful Forms
• PDF icon Application & Rental Agreement Form
• PDF icon Authorization for Student Activity Fund P.O.
• PDF icon Budget Change Request Form
• PDF icon Cash Collection Form
• PDF icon Consultant Services Contract
• PDF icon Continuous App & Rental Agreement Form
PDF icon Deposit Report
• PDF icon General Operating Fund Check Request Form
• PDF icon In-District Mileage Form
• PDF icon Mileage Chart for In-District Travel
• PDF icon Petty Cash Form
• PDF icon Price Quotation Form
• PDF icon Purchase Order Cancel Close Form
PDF icon School FIRST (Financial Integrity Rating System of Texas)
• PDF icon Student Activity Check Request Form
• PDF icon Student Activity Info Sheet
• PDF icon Student and Sponsor Meal Form
• PDF icon Travel Advance Form
• PDF icon Travel Reimbursement Form
• PDF icon Utility Usage Report
 
     
     

 
Midlothian ISD
100 Walter Stephenson
Midlothian, TX 76065
P: 972-775-8296
F: 972-775-1757

Web Sites:
Midlothian-ISD.net
Twitter.com/MidlothianISD
MidlothianISD on Facebook

Mission Statement:
To develop in each student
the character, confidence,
knowledge and skills to be
successful in life.

Click for Midlothian, Texas ForecastMISD Weather Station

Campuses Administration About Midlothian ISD Athletics
J.A. Vitovsky Elementary Communications Bond Information Athletic News
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LaRue Miller Elementary Finance Construction Baseball
Longbranch Elementary Human Resources DEIC Basketball
Mt. Peak Elementary Instruction & Learning E-Newsletter Cross Country
T.E. Baxter Elementary Payroll Education Foundation Facilities
Frank Seale Middle School Special Education Food Service Football
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For additional district information, please e-mail or contact the Communications Department at 972-775-8296, extension 1037.

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