III. Financial Services

School Finance is not simply a matter of dollars and cents.  Rather, the amount of funding available, the way those funds are allocated, and the resources they provide are indicators of our collective hopes and priorities for public education.

Continuing to be Fiscally Responsible is a top priority for the Financial Services Department of Castleberry ISD.

The budget process is designed to provide instructional programs to effectively meet student needs.

A Five-Year Projected Consolidated Budget is developed each year during the Budget Process for planning purposes. 

The Governmental Accounting Standards Board ("GASB") has adopted Statement 54 ("GASB 54"), a new standard for government fund balance reporting and governmental fund type definitions that became effective in governmental fiscal years starting after June 15, 2010.

The Texas Education Agency administers dollars in both state and federal funds that support a variety of programs to benefit public education.  Funds come from multiple sources, including state and federal coffers, grant organizations, the Permanent School Fund endowment, and others. 

Click here to read the Financial Services Executive Summary.