1. August 15, 2011 Stephenville I. S. D. A Premier Texas School District TEA “Recognized” District

2. 2011-2012 2012-2013 Funding under prior Formula for SISD (HB 3646) $ 24,382,587 $ 24,444,472 Funding under current Formula for SISD (SB 1) $ 22,894,530 $ 23,912,847 Loss for Tax Revenue $ (1,488,057) $ (531,625)

3.  Student or pupil enrollment and attendance increases;  Utility (New Electricity Cost Contract);  Proactive Action to Look at Strategic Abandonment;  Good tax collections;  Edu-Jobs Funding;  Help from partners.

5. REVENUES BY CATEGORYACTUAL CURRENT BUDGET PROPOSED BUDGETNET CHANGE% ACCTOBJECT2009-20102010-20112011-2012 10-11 AND 11-12CHANGE 57--LOCAL REVENUES13,334,35913,459,97913,726,484266,5051.98% 58--STATE REVENUES10,781,92911,326,82810,728,239-598,589-5.28% 59-- FEDERAL PROGRAM REVENUE136,197260,113254,000-6,113-2.35% TOTAL REVENUES24,252,48525,046,92024,708,723-338,197-2.66%

8. REVENUES BY CATEGORYACTUAL CURRENT BUDGET PROPOSED BUDGETNET CHANGE% ACCTOBJECT2009-20102010-20112011-2012 10-11 AND 11-12CHANGE 57--LOCAL REVENUES1,347,1541,367,5951,646,181278,58620.37% 58--STATE REVENUES043,6690-43,669-100.00% 59-- FEDERAL PROGRAM REVENUE00000.00% 1,347,1541,411,2641,646,181234,91716.64% 6511BOND PRINCIPAL806,443769,756733,874-35,882-4.66% 6521BOND INTEREST949,7451,039,2051,072,70733,5023.22% 6599OTHER DEBT SERVICE FEES4,5192,000 00.00% TOTAL EXPENDITURES1,805,7071,810,9611,808,581-2,380-1.31% NET SOURCE OR USE OF FUNDS-458,553-394,925-162,400232,537

9. REVENUES BY CATEGORYACTUAL CURRENT BUDGET PROPOSED BUDGETNET CHANGE% OBJECT2009-20102010-20112011-2012 10-11 AND 11-12CHANGE LOCAL REVENUES542,504614,990526,855-88,135-14.33% STATE REVENUES8,0428,2158,200 -15-0.01% FEDERAL PROGRAM REVENUE930,894966,595975,2498,6540.80% TOTAL REVENUES1,481,4401,589,8001,510,304-79,496-5.00% TOTAL EXPENDITURES- FUNCTION 341,375,6431,549,8001,510,304-79,496-5.00%