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Sales Tax Collections/Allocations 2007-12-20S U S A N C O M B S TEXAS COMPTROLLER Of PUBLIC ACCOUNTS WWW.WINDOW,STATE.TX,US December 20, 2007 Ms. Libby Ball City Secretary City of Coppell 255 E. Parkway Blvd Coppell, Texas 75019 Dear Ms. Ball: We have received the results of Coppell's November 6, 2007 election to adopt an additional 1/4% city sales and use tax for Municipal Street Maintenance as permitted under Chapter 327 of the Texas Tax Code. Additional documentation that you sent indicated that the 1/2% sales and use tax for the Municipal Development Corporation as permitted under Chapter 379A of the Texas Local Government Code will expire. The 1/2% sales and use tax for the Municipal Development Corporation will be abolished effective March 31, 2008. The additional 1/4% city tax for the municipal street maintenance and repair will become effective within the City of Coppell on April 1, 2008. Also, we have noted that the municipal street maintenance sales tax will expire four (4) years after it begins if the city does not hold a tax reauthorization election. If you have any questions or need more information, please call me toll free at (800) 531 -5441, extension 50665. The regular number is (512) 475 -0665. Sin rely, G and ington Tax Allocation Section Revenue Accounting Division cc: Mr. Robert E. Hager, Attorney At Law City of Coppell - CEDC Sales Tax Collections As of September 30, 2007 Estimated Annual Collections I COLLECTION 2002 2003 2004 2005 2006 2007 I MONTH Collections Collections Collections Collections Collections Collections January 122,014.60 139,781.14 166,330.37 232,741.92 394,697.94 418,660.02 February 130,697.15 126,121.78 218,717.47 241,236.64 352,808.39 378,744.44 March 175,380.54 222,223.80 266,684.14 322,549.99 454,283.59 469,861.12 April 137,584.53 157,993.53 265,599.02 261,173.25 349,379.80 428,524.89 May 148,399.99 158,847.43 197,223.29 250,535.60 399,997.97 401,815.82 June 170,881.57 221,915.73 263,698.74 321,701.84 465,682.73 509,430.74 July 145,462.19 173,634.91 215,012.13 267,618.34 378,255.89 398,205.25 August 140,311.57 159,183.52 221,690.45 292,009.10 410,402.47 404,627.91 September 191,739.06 228,723.42 286,683.45 432,737.05 457,238.45 October 113,964.63 212,883.66 222,226.43 383,582.12 414,968.86 November 132,165.78 143,165.67 219,084.50 411,883.96 378,110.31 December 263,532.72 206,907.17 365,197.23 455,492.93 485,339.42 Recoveries 0.00 0.00 0.00 174,600.84 (7,343.38) 179,241.52 Interest Earnings 4,156.78 10,950.47 21,375.64 87,402.49 234,201.32 328,663.89 1,876,291.11 2,162,332.23 2,929,522.86 4,135,266.07 5,168,023.76 3,917,775.60 % of Estimated Collections Allocation by School CISD LISD CFBISD North Hills School # ot Students I # ot Students I # ot Students I # ot Students I # ot Students I # ot Students I 8,578 25 363 55 9,021 8,626 0 365 77 9,068 8,556 28 409 63 9,056 8,671 88 494 61 9,314 8,586 57 528 65 9,236 $4,500,000.00 87.06% 8,292 56 515 84 8,947 %otFunds % of Funds I % of Funds I % of Funds I % of Funds I % of Funds I CISD 95.09% 95.13% 94.48% 93.10% 92.96% 92.68% LISD 0.28% 0.00% 0.31% 0.94% 0.62% 0.63% CFBISD 4.02% 4.03% 4.52% 5.30% 5.72% 5.76% North Hills School 0.61% 0.85% 0.70% 0.65% 0.70% 0.94% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Page 1 CEDC Allocations City of Coppell - CEDC Sales Tax Collections As of September 30, 2007 Estimated Annual Collections I I o Date Allocations I I o Date Allocations' I o Date Allocations' I o Uate Allocations' I o Date Allocation I o Uate Allocations' I otals -YID I Available Cash I CISD 1,784,150.89 2,056,934.03 2,767,778.00 3,849,784.42 4,804,314.86 LISD 5,199.79 0.00 9,057.71 39,070.58 31,894.47 CFBISD 75,500.91 87,036.97 132,307.29 219,328.05 295,443.54 North Hills School 11,439.53 18,361.22 20,379.85 27,083.02 36,370.89 1,876,291.11 2,162,332.23 2,929,522.86 4,135,266.0/ 5,168,023./6 3,917,775.60 20,189,211.63 ' Budgeted Allocation Plus Carryover CISD 8,491,420.28 LISD 9,583.57 CFBISD 464,720.81 North Hills School 50,728.35 9,016,453.02 $4,500,000.00 3, 630, 959.57 18,893,921.77 24,521.68 109,744.23 225, 511.84 1,035,128.60 36,782.51 150,417.03 Paid I Paid Paid Paid Paid Paid 1 1 otal Paid I CISD 670,000.00 1,272,567.44 2,089,787.57 2,338,747.79 2,393,698.95 LISD 0.00 4,200.00 0.00 7,956.50 28,530.49 CFBISD 15,000.00 30,274.04 77,955.67 96,323.94 138,572.46 North Hills School 10,000.00 16,863.17 8,878.13 33,725.44 9,514.48 695,000.00 1,373,904.65 2,176,611.3/ 1,4/6,153.6/ 2,5/0,316.38 2,056,150.13 10,820,951.88 57,157.00 97,843.99 38,700.00 396,826.11 19,028.96 98,010.18 2,1 /1,036.09 11,413,632.16 8,072,969.89 11,900.24 638,302.49 52,406.85 8,175,579.47 Page 2 CEDC Allocations City of Coppell - CEDC Sales Tax Collections As of September 30, 2007 Estimated Annual Collections $4,500,000.00 Entity CISD LISD Amount I Purpose 732,429.00 16.5 ESL Teachers - 04 -02 - Complete 438,816.88 9 Literacy Intervention Teachers - 04 -02 - Complete 199,473.00 4.5 Elementary Spanish Teachers - 04 -02 - Complete 61,725.08 Software and Equipment - Graphic Design and Animation Class - 04 -02 - Complete 32,380.34 Summer Literarcy Program - 04 -02 - Complete 23,359.00 Digital Video Equipment - 12 -02 - Complete 128,889.96 Quality Print Library Collections 07 -03 - Complete 230,020.37 5.5 Spanish Teachers K -6 09 -03 - Complete 479,659.26 9 Literacy Intervention Teachers 09 -03 - Complete 816,300.00 ESL 08 -03 - Complete 426,139.16 9 Spanish Teachers - High School 04 -04 - Complete 126,742.56 Quality Print Library Collections - 13 campuses 07 -04 - Complete 880,735.00 17 ESL Teachers, 3 Aides - 10 -04 - Complete 450,882.00 9 Literacy Intervention Teachers 10 -04 - Complete 474,065.52 10 Spanish Teachers - High School 10 -04 - Complete 213,860.67 4.5 Elementary Spanish Teachers - 10 -04 - Complete 126,000.00 Library Print Materials 05 -05 - Complete 58,538.76 Infinity Project 05-05 - Complete 26,712.23 Ready, Set Teach 05 -05 - Complete 526,614.02 11 Spanish Teachers - High School - 11 -05 - Complete 193,292.77 4.5 Elementary Spanish Teachers 11 -05 - Complete 475,000.00 9 Literarcy Intervention Teachers 11 -05 - Complete 847,093.17 17 ESL Teachers, 3 Aides - 11 -05 - Complete 200,459.10 Equipment for Language Labs - 06 -06 - Complete 126,000.00 Library Print Materials 06 -06 - Complete 734,010.21 13 Literarcy Intervention Teachers 11 -06 - Complete 122,434.66 3 Middle School Spanish Teachers - 11 -06 - Complete 1,045,746.57 19 ESL Teachers, 3 Aides - 11 -06 - Complete 583,722.59 12 Spanish Teachers - High School - 11 -06 - Complete 35,000.00 Technology Kits, Camera - 07 -07 126,000.00 Library Print Materials - 07 -07 10,942,101.88 4,200.00 Southridge Elementary library books - 06 -02 - Complete 7,956.50 Rockbrook Elementary Computer Needs 12 -04 - Complete 28,530.49 Rockbrook Elementary/Durham Middle - 02 -06 - Complete 9,917.00 Lewisville High School - Technology 02 -07 - Complete 7,550.00 Killough High - Integrated Classroom Learning System - 02 -07 - Complete 8,795.25 Durham Middle - Interactive White Boards - 02 -07 - Complete 36,855.61 Rockbrook Elementary - Books and Technology - 02 -07 - Complete 103,804.85 Page 3 CEDC Allocations City of Coppell - CEDC Sales Tax Collections As of September 30, 2007 Estimated Annual Collections $4,500,000.00 ntity North Hills School CFBISD Amount J Purpose 10,000.00 upplies for Spanish and French classes - 07 -02 - Complete 16,863.17 Spanish language textbooks and equipment - 07 -03 - Complete 16,062.97 Computer Equipment and Textbooks 07 -04 - Complete 1,009.00 Computer Equipment, Software and Furniture 12 -04 - Complete 2,658.70 Instructional Material - French - 10 -05 - Complete 22,872.90 Computer Equipment and Textbooks 10 -05 - Complete 14,993.80 Technology for Art Curriculum 11 -06 - Complete 20,694.42 Foreign Language Lab 11 -06 - Complete 105,154.96 25,274.04 .5 Technology Support Specialist - Riverchase Elem - 06 -02 - Complete 50,000.00 Books - Guided Reading Library 09 -03 - Complete 29,155.67 .5 Technology Support Specialist - Riverchase Elem 09 -03 - Complete 25,000.00 Focus on Reading. Program 10 -04 - Complete 18,273.94 .5 Technology Support Specialist - Riverchase Elem - 10 -04 - Complete 29,179.62 .5 Technology Support Specialist - Riverchase Elem - 08 -05 - Complete 103,842.84 3 FT, Books & Media Material - Riverchase Elem - 08 -05 - Complete 98,335.29 3 FT, Books & Media Material - Riverchase Elem - 08 -06 - Complete 30,784.92 .5 Technology Support Specialist - Riverchase Elem - 08 -06 - Complete 54,525.00 .5 Technology Support Specialist - Riverchase Elem - 09 -07 139,550.00 4 FT, Books & Media Material - Riverchase Elem - 09 -07 603,921.32 Total Granted 11, 154,983.01 Page 4 CEDC Allocations