Seguin ISD debt budget counts $2.9 million in federal revenue

Dollar amounts are budget entries, not realized receipts. Source: Seguin ISD proposed budget amendment.

The table shows a funding plan, not a household bill. Local revenue supplies most of the planned total. To connect that total to a particular home, a reader would also need the applicable tax rate and the home’s taxable value.

What changed in October

The October amendment lists the same $23,867,055 debt-service total in its approved and proposed columns, with zero increases or decreases.

The federal revenue entry likewise remains $2,912,055 in both columns.

The proposed amendment shows the fund’s financing mix. It makes no increase to the debt-service total or the federal line.

Which school money is this?

The district’s Proposition A explanation separates maintenance and operations money from interest and sinking money for bonds and capital work. The debt-service table concerns payments on borrowing. The operating fund covers a different part of the school budget.

The next number to watch

The $2,912,055 federal line is a planned funding source, and the next useful records are the district’s funding-source explanation and debt schedule.

The funding-source explanation would identify the program and terms behind the federal line. The debt schedule would let residents match payment dates and amounts to the obligations being paid. Readers can compare those records with the October debt-service table when the district provides them.