Financial Summary

Harris County Department of Education is a special purpose district that employs a total of 879.7 full-time staff positions. The Department’s total expenditures for the fiscal year 2015-2016 were $79,543,148 or $17.53 per capita. Total revenue from all funds for 2015-2016 was $82,899,503 or $18.27 per capita.

Property tax revenue is $21,141,146 or $4.66 per capita. All population and enrollment data is provided by Houston Population Estimate.

The Department’s annual budget (all funds) for the fiscal year 2016-2017 is $111,278,489. The Department utilizes Proprietary, Fiduciary and Governmental fund types.

Proprietary funds are used to report any activity for which a fee is charged to external users for goods and services.

Fiduciary funds are used to account for assets held by a government in a trustee capacity or as an agent for individuals, private organizations, other governmental units and/or other funds. These include investment trust funds, pension trust funds, private-purpose trust funds and agency funds.

There are five types of governmental funds that account for everything else: general funds, the government’s basic operating fund; special revenue funds for specific revenue sources that are limited to being used for a particular purpose; debt service funds for debt repayment; capital project funds for the construction, rehabilitation and acquisition of capital assets such as buildings, equipment and roads; and permanent funds for resources that can’t be expended, but must be held permanently.