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Marshall ISD
FINISH THE RACE
P.O. Box 43, Marshall, Texas 75670
Phone
903.927.8700
| Fax
903.935.0203
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2020-21 Budget, Pay Raises Approved
Dual Credit Success - 9-11-20
Tax Rate Set - 9-22-20
Pandemic Sub Pay Increased - 10-7-20
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Head Start Registration 11/17/20
Libby Matthews Obituary - Dec. 14, 2020
Superintendent Search Underway - 12/17/20
Hambrick Named Interim Superintendent - 12/21/20
Carbajal All-State Band - Jan 22 2021
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Home
District
Our Schools
Marshall Early Childhood Center
David Crockett ES
Price T. Young ES
Sam Houston ES
William B. Travis ES
Marshall Junior HS
Marshall HS
Marshall Early Graduation School
Disciplinary Alternative Education Program (DAEP)
Administration
Athletics
Board Of Trustees
Meeting Agendas
Board Policy
Board/Election Documents
Lone Star Governance
Our Mission and Vision
Business & Financial Services
Finance Office Procedures
Forms
Financial Transparency
Debt Obligation
Contracts & Procurement
Child Nutrition
Menus
Communications
School Closings
Distribution of Non-School Literature
Open Records
COVID-19 Communications Protocols
Curriculum & Instruction
Assessment Calendars
AVID
Bilingual/ESL
Career & Technical Education (CTE)
Dual Credit
Federal Report Cards
Gifted & Talented
Improvement Plans
Little Mav Academy
Read To Ride
Special Education
State/Federal Programs
STEM Program
T.E.A. Campus Report Cards
Texas Academic Performance Reports (TAPR)
District Police
Event Coverage Form
Personnel Complaint Form
Student Parking Permits
Facilities & Maintenance
Facility Use Agreement
Fine Arts
Band
Choir
Dance
Elementary Fine Arts
Orchestra
Theatre Arts
Visual Arts
Health Services
Human Resources
Eduphoria
Employee Calendars 2020-2021
New Employee Paperwork
Current/Former Employee Forms
2020-2021 Salary Schedule
2020-2021 COMPENSATION MANUAL
Administrators & Supervisors
FFCRA - Employee Paid Leave Requirements
Benefits Quick Tips
FFCRA - Employee Rights
Employee Leave Request
Special Education
Parent Resources Handbook
Parent Events
Parent Resources- Web Links
Recursos Para Padres En Espanol
Parent Survey Spanish 1-30-20
Parent Survey English 1-30-20
COVID-19 Information
Evaluation Requests
Handbook - Section 504
Handbook - Dyslexia/Dysgraphia
TEA Stakeholder Survey
TEA Stakeholder Survey (Spanish)
Student Services
Bully Reporting Procedures
Truancy Diversion Program
Student Code Of Conduct
Student Handbooks
Parent Complaints
Progressive Discipline Matrix
Superintendent
Executive Leadership Team
Superintendent Office Staff
Attendance Zones
Technology
Tech Services
Transportation
Bus Driver Incentive Plans
Transportation Bus Rider Registration Form - English
Transportation Bus Rider Registration Form - Spanish
MISD Bus Driver Pay Scale
My Stop App
News/Events
District News
2020-21 Budget, Pay Raises Approved
Dual Credit Success - 9-11-20
Tax Rate Set - 9-22-20
Pandemic Sub Pay Increased - 10-7-20
COVID-19 Testing
Head Start Registration 11/17/20
Libby Matthews Obituary - Dec. 14, 2020
Superintendent Search Underway - 12/17/20
Hambrick Named Interim Superintendent - 12/21/20
Carbajal All-State Band - Jan 22 2021
District Event Calendar
Academic Calendar
MISD News Delivered To Your Inbox
Parents
Emergency/Weather Information
School Safety
Skyward Family Access
Support Groups
Transportation
"David's Law"
Bully Reporting Procedures
Community
Marshall Education Foundation
Read To Ride
Staff
Administrative Guidelines
Curriculum Tools
Eduphoria
Frontline
Handbooks
Instructional Technology
Little Mav Academy
Maverick Mail
Skyward Employee
Skyward Student
Talent Ed
Trip Tracker
Password Management
Employee Benefits
Careers
Current Employment Opportunities
Employee Benefits
Login to Existing Application
Substitute Teaching
2020-2021 Salary Schedule
STEM
COVID-19
Wellness Reports
COVID-19 Testing Registration
Business & Financial Services
Marshall ISD
»
District
»
Business & Financial Services
CONTACT
SUSIE BYRD
Asst. Supt./Financial Services
E-mail:
byrds@marshallisd.com
Phone:
903-927-8708
The Marshall ISD Department of Financial Services oversees the operation of all financial and business affairs of the district, including accounting, payroll, purchasing and accounts payable. MISD is dedicated to providing our stakeholders with a clear and consistent financial picture of the district. MISD has consistently earned a Superior rating in the annual Financial Integrity Rating System of Texas (FIRST) report by the Texas Education Agency. The district has also received a Gold Leadership Circle from the Texas Comptroller's Office for financial transparency. We hope the links and information below can help you, but do not hesitate to contact us if you have questions or concerns. Go Mavs!
•
Finance Office Procedures
•
Forms
•
Financial Transparency
•
Debt Obligation
•
Contracts and Procurement
TAX RATE
The Marshall ISD Board of Trustees annually adopts a tax rate which can be broken down into two separate rates: a
Maintenance and Operations rate
(M&O) and an
Interest and Sinking rate
(I&S). In Sept6ember 2020, the Board of Trustees adopted a tax rate of $1.2563 per $100 valuation for the 2020-2021 school year, which was unchanged from the previous year. This tax rate was broken down as follows:
• Maintenance & Operations ($0.9664)
• Interest & Sinking ($0.2899)
Although these rates are combined to arrive at the total tax rate, the rates are set for very specific and different purposes.
The
M&O
portion of the rate is set to provide funds for the maintenance and operations costs of the district. Maintenance and operations costs include things such as:
• Compensation and wages paid to employees
• Supplies and materials needed in every functional area of the district
• Maintenance and repairs to facilities, equipment,vehicles and any other property owned by the district
• Payments for utilities such as electricity and water
• School buses and fuel to transport students
• Technology and computers used by staff and students throughout the district
• Library books
The
I&S
portion of the tax rate provides funds for principal and interest payments made on the debt that financed the District's facilities. In MISD, this tax rate is used solely to service the debt from the district's successful 2015 bond election (see Bond Projects section below).
For more information on these specific tax rates, please contact the Department of Business and Financial Services at 903-927-8708.
BOND PROJECTS
School bond elections in Texas are held for voters to consider proposed construction and capital improvement projects. Similar to a family's mortgage, school districts issue loans, known as bonds, to pay for capital expenditures such as buildings, buses, technology improvements, etc. The district pays back the debt long-term, similar to a home mortgage. Like a mortgage, bonds allow the cost of facilities to be paid for over a timeline that approximates the useful life of the facilities.
Bonds are sold by a school district in the public securities markets to raise funds to pay for the costs of constructions, renovations and equipment. Most school districts in Texas utilize bonds to finance renovations and new facilities. Districts repay the bonds through revenue generated from a debt service property tax. A district's voters must approve capital improvement bonds issued by a school district.
Under Texas law, bond funds may only be used to pay for non-recurring expenditures for items with a useful life of more than one year, such as new buildings, additions and renovations to existing facilities, purchasing land, and equipment for new or existing buildings. Bond funds CANNOT be used for employee salaries, operating costs such as utility bills, supplies, fuel, and insurance. The Marshall Independent School District, like all other districts in Texas, uses its Maintenance and Operations (M&O) budget to fund salaries, curriculum and other operating expenses.
The M&O budget includes annual expenditures such as payroll, utilities, supplies and other costs associated with the ongoing operations of the school district. While districts may be able to address smaller capital items using the M&O, or General Fund, school districts do not receive enough funding to cover the cost of large construction and/or renovation projects like those proposed in a bond program.
On May 9, 2015, voters in the Marshall Independent School District approved a bond package totaling $109,210,000. The bond package funded the construction of new schools, renovations and grade-level realignment in the district. This bond allowed MISD to build a new junior high school to serve students in grades 6-8; three new elementary schools to serve students in grades K-5; and provide renovations to repurpose the current Sam Houston Middle School into a grades K-5 STEM Academy. All projects in this bond program opened in the fall of 2017.
MEET THE BUSINESS & FINANCIAL SERVICES TEAM
Katharine Brown
Administrative Assistant to the Assistant Superintendent of Business & Finance
brownka@marshallisd.com
Susie Byrd
Assistant Superintendent of Business & Finance
byrds@marshallisd.com
Taylor Coco
Payroll Coordinator
cocotl@marshallisd.com
Marqua Jimmerson
Accounts Payable Specialist
jimmersonmp@marshallisd.com
Christin Mitchell
Purchasing Coordinator
mitchellck@marshallisd.com
Jessica Gonzalez
Accountant
gonzalezj1@marshallisd.com
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