DOCSLIB.ORG

Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2017

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2017 Tulsa Public Schools Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2017 INDEPENDENT SCHOOL DISTRICT NO. I-1, TULSA COUNTY, OKLAHOMA This page is left blank intentionally INDEPENDENT SCHOOL DISTRICT NO. I-1, TULSA COUNTY, OKLAHOMA Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2017 Prepared by the Department of Financial Services Tulsa Public Schools does not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, gender expression, gender identity, disability, genetic information, veteran status, marital status or age in its employment, programs and activities and provides equal access to the Boy Scouts and other designated youth groups. The following person has been designated to handle inquiries regarding Tulsa Public Schools’ non-discrimination policies: Dr. Pauline Harris, human rights & title IX coordinator Tulsa Public Schools Talent Management Department 3027 S. New Haven Ave. Tulsa, Oklahoma 74114-6131 918-746-6517 This page is left blank intentionally TABLE OF CONTENTS Page Introductory Section .............................................................................. 1 School District Officials .................................................................................................................... 3 Organizational Chart ........................................................................................................................ 4 Superintendent Profile ...................................................................................................................... 5 Board District Map ............................................................................................................................ 6 Board Member Profiles .................................................................................................................... 7 Letter of Transmittal ....................................................................................................................... 11 GFOA Certificate of Achievement for Excellence in Financial Reporting ...................................... 17 ASBO Certificate of Excellence in Financial Reporting ................................................................. 19 Financial Section .................................................................................. 21 Independent Auditors’ Report ............................................................................................... 23 Management’s Discussion and Analysis .............................................................................. 25 Basic Financial Statements ................................................................................................... 37 Statement of Net Position .............................................................................................................. 39 Statement of Activities .................................................................................................................... 40 Balance Sheet – Governmental Funds .......................................................................................... 41 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position .................................................................................................................................... 42 Statement of Revenues, Expenditures, and Changes in Fund Balances – Governmental Funds ....................................................................................................................................... 43 Reconciliation of Statement of Revenues, Expenditures, and Changes in Fund Balances to the Statement of Activities ................................................................................................... 44 Statement of Fiduciary Assets and Liabilities – Student Activity Funds ........................................ 45 Notes to the Financial Statements ................................................................................................. 46 Required Supplementary Information .................................................................................. 75 Schedule of the District’s Proportionate Share of the Net Pension Liability .................................. 77 Schedule of the District’s Pension Plan Contributions ................................................................... 79 Budgetary Comparison Schedule – General Fund ........................................................................ 80 Reconciliation of Statement of Revenues, Expenditures, and Changes in Fund Balances to the Budgetary Comparison Schedule – General Fund ....................................................... 81 Notes to Required Supplementary Information .............................................................................. 82 Other Supplementary Information ........................................................................................ 83 Budgetary Comparison Schedule – Debt Service Fund ................................................................ 85 Budgetary Comparison Schedule – Capital Improvements ........................................................... 86 Budgetary Comparison Schedule – Special Revenue Fund .......................................................... 87 Statement of Changes in Fiduciary Asset and Liabilities – Student Activity Funds ....................... 88 Combining Balance Sheet – General Funds ................................................................................. 89 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances – General Funds ......................................................................................................................... 90 Combining Balance Sheet (Nonmajor Funds) ............................................................................... 91 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances (Nonmajor Funds) .................................................................................................................... 92 i TABLE OF CONTENTS Page Statistical Section (Unaudited) ............................................................ 93 Contents .................................................................................................................................. 95 Financial Trends .................................................................................................................... 96 Changes in Net Position................................................................................................................. 96 Changes in Fund Balances – Governmental Funds ...................................................................... 98 Net Position By Component ......................................................................................................... 100 Fund Balances, Governmental Funds ......................................................................................... 101 Revenue Capacity ................................................................................................................. 102 Property Tax Rates – Direct and Overlapping Governments ...................................................... 102 Direct and Overlapping Property Tax Rates ................................................................................ 102 Assessed Value and Estimated Actual Value of Taxable Property ............................................. 103 Principal Property Taxpayer ......................................................................................................... 104 Property Tax Levies and Collections ........................................................................................... 105 Debt Capacity ....................................................................................................................... 106 Ratios of Total Outstanding Debt by Type ................................................................................... 106 Ratios of General Net Bonded Debt Outstanding ........................................................................ 107 Legal Debt Margin Information ..................................................................................................... 108 Direct and Overlapping Governmental Debt ................................................................................ 109 Demographic and Economic Information .......................................................................... 110 Tulsa Area Principal Employers ................................................................................................... 110 Population, Per Capita Income and Employment ........................................................................ 111 Operating Information ......................................................................................................... 112 Net Current Expenditures Per Pupil ............................................................................................. 112 School Food Service Program ..................................................................................................... 113 High School Graduates ................................................................................................................ 114 List of School Buildings: Square Footage, Capacity, Age .......................................................... 115 Number of Schools, Student Enrollment and Attendance Information .......................................
Load more

Recommended publications
  • A Magnet School and Desegregation
    A MAGNET SCHOOL AND DESEGREGATION: A CASE STUDY OF BOOKER T. WASHINGTON HIGH SCHOOL, 1975-1980 By JAMES ADRIAN FERRELL Bachelor of Arts / History Oklahoma City University Oklahoma City, Oklahoma 1992 Master of Arts / History The University of Central Oklahoma Edmond, Oklahoma 2000 Submitted to the Faculty of the Graduate College of the Oklahoma State University in partial fulfillment of the requirements for the Degree of DOCTOR OF EDUCATION December, 2008 A Magnet School and Desegregation A MAGNET SCHOOL AND DESEGREGATION: A CASE STUDY OF BOOKER T. WASHINGTON HIGH SCHOOL, 1975-1980 Dissertation Approved: Dr. A. Kenneth Stern Dissertation Adviser Dr. Edward Harris Dr. Bernita Krum Dr. Elizabeth Williams Dr. A. Gordon Emslie Dean of the Graduate College ii A Magnet School and Desegregation ACKNOWLEDGMENTS The people involved with the completion of this degree over the past seven years are too numerous to mention. I would like to highlight a few though, with whose help the dissertation would not have been possible. To my dissertation advisor, Dr. Ken Stern, I owe a debt of gratitude. He helped me through, what seemed like, endless drafts, always being positive and encouraging. I enjoyed the conversations he and I had at Mojo’s over the past years. Dr. Stern and Dr. Ed Harris have guided me through many of my classes, and their input has been invaluable. Dr. Krum’s editing skills have made me a better writer and a clearer thinker. I have listened to her advice and have become a better researcher because of it. Dr. Williams was the first person that I met when I came to Oklahoma State University and I am grateful she accepted my invitation to serve on my committee and offered her advice.
    [Show full text]
  • Tulsa Public Schools
    Tulsa Public Schools Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2011 Excellence and High Expectations with a Commitment to All INDEPENDENT SCHOOL DISTRICT NO. I-1, TULSA COUNTY, OKLAHOMA INDEPENDENT SCHOOL DISTRICT NO. I-1, TULSA COUNTY, OKLAHOMA Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2011 Prepared by the Department of Financial Services Tulsa Public Schools does not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, disability, genetic information, veteran status, marital status or age in its employment, programs and activities and provides equal access to the Boy Scouts and other designated youth groups. The following person has been designated to handle inquiries regarding Tulsa Public Schools’ non-discrimination policies: Dr. Pauline Harris, Human Rights Coordinator Tulsa Public Schools Human Capital Department 3027 South New Haven Avenue Tulsa, Oklahoma 74114-6131 918-746-6517 TULSA PUBLIC SCHOOLS 2011 COMPREHENSIVE ANNUAL FINANCIAL REPORT TABLE OF CONTENTS Page Introductory Section .............................................................................. 1 School District Officials .................................................................................................................... 3 Organizational Chart ........................................................................................................................ 4 Superintendent Profile .....................................................................................................................
    [Show full text]
  • Join Thousands of Exceptional Minds Teaching at Tulsa Public Schools
    Join Thousands of Exceptional Minds Apply online at: Teaching at Tulsa Public Schools www.tulsaschools.org/careers We’d love to hear from you! At Tulsa Public Schools, we are committed to providing a quality Tulsa Public Schools learning experience for every student, every day, without exception. Human Capital Department 3027 S. New Haven Avenue Our system of professional learning, support and feedback enables Tulsa, Oklahoma 74114 teachers to be their best and achieve this commitment. Phone: (918) 746-7569 or 74-MPLOY Fax: (918) 746-6342 [email protected] Learn more at www.tulsaschools.org If you are passionate about improving educational outcomes for metropolitan students, then take a look at Tulsa Public Schools and consider joining our team. #1 Place to Live in the U.S. —Relocate America One of America’s Most Livable Communities —Forbes Magazine One of the Top 10 Cities with the Best Music Scene —Livability.com One of the Best Cities for Jobs —Forbes Magazine Check out everything Tulsa has to offer: • Tulsa Chamber of Commerce (tulsachamber.com) • Tulsa Convention & Visitors Bureau (visittulsa.com) • Tulsa Young Professionals (typros.org) Tulsa is the biggest small town in the world. You can meet people through a friend and then find them working for TPS. You run into them at Utica Square and the farmers market. I am forever finding comfort and joy in my community through the tight and varied associations you can have in Tulsa. —John Waldron, Social Studies Teacher, Booker T. Washington High School 2013 Medal for Excellence, Oklahoma Foundation for Excellence Tulsa, Oklahoma: Work Here, Live Here, Stay Here We know you want to work, live and ultimately stay in a place with interesting people, fun experiences, a thriving workforce and opportunities to plant deep roots.
    [Show full text]
  • Tulsa Public Schools Behavior Response Plan (BRP) (Formerly TPS Code of Student Conduct)
    Tulsa Public Schools Behavior Response Plan (BRP) (formerly TPS Code of Student Conduct) Striving for Safety, Security, & Student Success S4 Tendered with Respect, Dignity, & Compassion Office of School Innovations – Through Collaboration with the Alternative Education Task Force Safety, security, and student success (S4) are priorities for Tulsa Public Schools. Therefore, a plan has been generated according to the work of the Alternative Education Task Force through the Office of School Innovations. The mission of this initiative is to create schools centered on authentic relationships in addition to relevant and rigorous learning that ensures all students are prepared for life and learning far beyond high school. The plan provides a scaffolding of services in a Response to Intervention (RtI) Design that incorporates research-based interventions to support S4. The strategies have been designed to align with the philosophy and practices of the Positive Behavior Support programs used by many of the District sites. The goal is to help students in their development as mature, able, knowledgeable and responsible individuals. The model incorporates expectations of meeting and institutionalizing a formula for success: Relationships + Relevance + Rigor + Readiness + Responsibility = Results Realization of the goals require adherence to the District belief, ALL Children can learn. And furthermore, it is the responsibility of educators to ensure that success. The Behavior Response Plan of Tulsa Public Schools operates on the definition of discipline which literally means “to teach.” Accordingly, the philosophy includes several premises: People behave in the ways that they know, or believe will assist in meeting needs. Changing behavior involves several prerequisites. One must be aware that the behavior is not appropriate.
    [Show full text]
  • Tulsa Public Schools Preliminary School Budget and Financing Plan 2019 - 2020
    Tulsa Public Schools Preliminary School Budget and Financing Plan 2019 - 2020 Prepared in Accordance with the “School District Budget Act” Presented for Board Approval June 17, 2019 Excellence and High Expectations with a Commitment to All INDEPENDENT SCHOOL DISTRICT NO. I-1, TULSA COUNTY, OKLAHOMA 74114 www.tulsaschools.org INDEPENDENT SCHOOL DISTRICT NO. I-1, TULSA COUNTY, OKLAHOMA Preliminary School Budget and Financing Plan 2019 - 2020 Prepared by the Department of Financial Services Tulsa Public Schools does not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, disability, genetic information, veteran status, marital status or age in its employment, programs and activities and provides equal access to the Boy Scouts and other designated youth groups. The following person has been designated to handle inquiries regarding Tulsa Public Schools’ non-discrimination policies: Dr. Pauline Harris, Human Rights Coordinator Tulsa Public Schools Human Capital Department 3027 South New Haven Avenue Tulsa, Oklahoma 74114-6131 918-746-6517 TULSA PUBLIC SCHOOLS PRELIMINARY SCHOOL BUDGET AND FINANCING PLAN 2019-2020 TABLE OF CONTENTS Page Introductory Section ............................................................................... 1 Board President's Message ...................................................................................................... 3 Affidavit of Publication ............................................................................................................ 4
    [Show full text]
  • School Board Policy Manual
    School Board Policy Manual BOARD OF EDUCATION BARBA PEREZ, JUDITH District #2 Email: [email protected] (2025)* CROISANT, JOHN District #5 E-mail: [email protected] (2024)* GRIFFIN, JERRY District #6 E-mail: [email protected] (2024)* KELLER, SHAWNA District #4 E-mail: [email protected] (2022)* MARSHALL, JENNETTIE District #3 E-mail: [email protected] (2025)* SCHREIBER, SUZANNE (Vice President) District #7 E-mail: [email protected] (2022)* WOOLLEY, STACEY (PRESIDENT) District #1 E-mail: [email protected] (2023)* BOZONE, SARAH (Clerk) E-mail: [email protected] *Term Expiration Revised: September 2021 INTRODUCTION This manual codifies the official policies of the Board of Education and includes the administrative regulations associated with selected policies. School Board policies state positions adopted by the Board in order to provide direction, control and/or management of its legal functions. The goals of all policy are to present clear, concise, and distinct directives to the Board’s staff and to serve as a primary communication tool with the general public with specific attention to students, parents and/or guardians. Regulations state procedures and rules developed by the administration to guide and direct the implementation of Board policy. Adoption of new policies or revision of existing policies is solely the responsibility of the Board. Proposals for new policies or revisions to current policies may be submitted in writing by any interested citizen, District employee, or member of the Board. Proposals shall be submitted to the Superintendent for referral to the Board. It is the obligation of employees to familiarize themselves with and follow Board policies.
    [Show full text]
  • Tulsa Public Schools
    20436 Tulsa Public Schools Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2020 INDEPENDENT SCHOOL DISTRICT NO. I-1, TULSA COUNTY, OKLAHOMA This page is left blank intentionally INDEPENDENT SCHOOL DISTRICT NO. I-1, TULSA COUNTY, OKLAHOMA Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2020 Prepared by the Department of Financial Services Tulsa Public Schools does not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, gender expression, gender identity, pregnancy, disability, genetic information, veteran status, marital status, age or any other classification protected by applicable law with respect to employment, programs and activities. The district also provides equal access to the Boy Scouts of America and other designated youth groups. The district prohibits discrimination. The district also prohibits retaliation, intimidation, threats, or coercion against any individual who complains about discrimination or participates in the district’s discrimination complaint process. The following person is designated to handle complaints and inquiries regarding Tulsa Public Schools’ non-discrimination policies: Eva Vindas, Human Rights & Title IX Coordinator Tulsa Public Schools, General Counsel’s Office 3027 S. New Haven Ave. Tulsa, Oklahoma 74114-6131 918-746-6158 This page is left blank intentionally TABLE OF CONTENTS Page Introductory Section .............................................................................. 1 School District Officials
    [Show full text]
  • Historic Preservation & Cultural Resources Multi
    Tulsa Historic Preservation & Cultural Resources Multi-Hazard Mitigation Plan - 2011 ENGINEERING SERVICES September 8, 2011 Mr. Bill Penka, State Hazard Mitigation Officer Oklahoma Department of Civil Emergency Management P.O. Box 53365 Oklahoma City, OK 73152 RE: City of Tulsa Historic Preservation and Cultural Resources Annex We are pleased to submit this City of Tulsa Multi-Hazard Mitigation Plan- 2009 Update, Historic Preservation and Cultural Resources Annex as fulfillment of the requirements of the Pre-Disaster Hazard Mitigation Grant (PDMC-PJ-06- OK-2007-004). This Historic Preservation and Cultural Resources Annex Pilot Study was prepared in accordance with State and Federal guidance, addresses Districts and Properties Listed in the National Register of Historic Places, Art Deco Buildings, and Cultural Resources, and their vulnerability to Natural and Man- made Hazards. We look forward to implementing this plan to enhance protection of the lives and property of our citizens from natural hazards and hazard materials incidents. If we can answer any questions or be of further assistance, please do not hesitate to contact me at 918-596-9475. CITY OF TULSA, DEPARTMENT OF PUBLIC WORKS Sincerely, Bill Robison, P.E., CFM Senior Special Projects Engineer Stormwater Planning 2317 S. Jackson Ave., Room S-310 Tulsa, OK 74107 Office 918-596-9475 www.cityoftulsa.org Table of Contents Acknowledgements..................................................................................................... xii Summary....................................................................................................................
    [Show full text]
  • Strategic Planning: March–October 2021
    TULSA PUBLIC SCHOOLS STRATEGIC PLANNING: MARCH–OCTOBER 2021 OUR DISTRICT AT-A-GLANCE The 2020-2021 school year marks the final year of Destination Excellence, the 2015–2020 strategic plan for Tulsa Public Schools. As the Tulsa Board of Education begins the process of developing our next strategic plan, we invite you to learn about our progress and our challenges across the last five years, as well as the opportunities ahead. 35,298 STUDENTS* RACIAL/ETHNIC DISTRIBUTION Asian/Pacific Islander 2% Black 23% Latinx 37% Multiracial 10% Native American or Alaska Native 5% OUR SCHOOLS White 45 9 6 23% ELEMENTARY HIGH DISTRICT- *as of Oct. 1 2020 SCHOOLS SCHOOLS AUTHORIZED CHARTER SCHOOLS 16% 26% 11% 81% Students Multilingual Gifted Economically JUNIOR10 HIGH AND ALTERNATIVE7 PARTNERSHIP1 with disabilities learners and talented disadvantaged MIDDLE SCHOOLS SCHOOLS SCHOOL LOOKING FORWARD: THE CHALLENGES AND OPPORTUNITIES AHEAD Literacy: When students are reading on grade-level by third grade, We are pleased with the gains we have seen over the last five years, they are much more likely to stay on-track academically, graduate but we have much more work to do to close access and opportunity high school, and succeed in college and the workforce. While all gaps for our many of our least-reached students. content areas matter, the ability to read, write, and speak about The Tulsa Board of Education and Tulsa Public Schools team are written content is foundational to long-term success. excited to engage with you over the coming months as we develop In Tulsa Public Schools: a new strategic plan to ensure that every child is prepared for the » Black students’ 3rd grade reading proficiency is more than 30 greatest success in college, careers, and life.
    [Show full text]
  • Preliminary School Budget and Financing Plan 2020 - 2021
    Tulsa Public Schools Preliminary School Budget and Financing Plan 2020 - 2021 Prepared in Accordance with the “School District Budget Act” Presented for Board Approval June 18, 2020 Excellence and High Expectations with a Commitment to All INDEPENDENT SCHOOL DISTRICT NO. I-1, TULSA COUNTY, OKLAHOMA 74114 www.tulsaschools.org INDEPENDENT SCHOOL DISTRICT NO. I-1, TULSA COUNTY, OKLAHOMA Preliminary School Budget and Financing Plan 2020 - 2021 Prepared by the Department of Financial Services Tulsa Public Schools does not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, gender expression, gender identity, pregnancy, disability, genetic information, veteran status, marital status, age or any other classification protected by applicable law with respect to employment, programs and activities. The district also provides equal access to the Boy Scouts of America and other designated youth groups. The district prohibits discrimination. The district also prohibits retaliation, intimidation, threats, or coercion against any individual who complains about discrimination or participates in the district’s discrimination complaint process. The following person has been designated to handle complaints and inquiries regarding the Tulsa Public Schools’ non-discrimination policies: Human Rights & Title IX Coordinator Tulsa Public Schools Talent Management Department 3027 South New Haven Avenue Tulsa, Oklahoma 74114-6131 918-746-6517 TULSA PUBLIC SCHOOLS PRELIMINARY SCHOOL BUDGET AND FINANCING PLAN 2020-2021 TABLE
    [Show full text]