Finance

Finance Department

612 E. Bethany Dr. • Allen, Texas, 75002 • 972-747-3358 • Fax 972-747-3360 

About the Finance Department

The Allen ISD Finance Department directs and manages the following areas: accounting, budget, finance, purchasing, payroll, risk management, and workers' compensation. The department also is responsible for coordinating bond elections, bond sales, investments, annual budgets, staff training for budget preparation, legislative research, and updates to the Board of Trustees regarding school finance.

We continually put our campuses, departments, and employees at the forefront of everything we do. This ensures that all financial operations support the district's strategic goals and continue the Allen ISD Culture of Excellence.

Contact Us

Brian Carter
Chief Financial Officer

Candy Arrington
Executive Director of Finance

Theresa Mata
Finance Coordinator

Sarah Anthony
Risk Manager

Janice Turner
Executive Assistant    

Financial Transparency Awards

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TASBO

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Transparecy Star Logo 2020

Transparency Stars

Allen ISD has been awarded the Texas Comptroller Leadership Circle Platinum Award for Financial Transparency. The Texas Comptroller of Public Accounts' Transparency Stars program recognizes local governments for going above and beyond by providing clear and meaningful financial information not only by posting financial documents, but also through summaries, visualizations, downloadable data and other relevant information.  

New Finance Focus Website

Allen ISD is excited to launch a new website designed to increase public understanding of Texas school finance and the Allen ISD budget. The website, Finance Focus, is designed to break down complex budget and finance topics into an easier-to-understand format with a spotlight on improved transparency and efficiency. Allen ISD is committed to fiscal responsibility, accountability, and community engagement, and Finance Focus is the next step in maintaining those goals.

Finance Focus

Traditional Finances

Allen ISD believes in providing our taxpayers with clear and relevant financial information. As part of AISD’s efforts to increase the level of transparency and engagement, the District is committed to providing essential financial information and data on District revenues, expenditures, tax rates, cost drivers, and comparative data. We are committed to providing this financial information in a format that is transparent, easily accessible, and understandable. 

Debt Obligation

The Debt Service Fund accounts for payments of principal, interest, and related fees on the District’s general obligation bonds. Under Texas law, only these debt service payments can be accounted for in this fund.

- Debt Summary Reports

Schools FIRST

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Schools FIRST is a financial rating system similar to a District's academic rating. FIRST stands for the “Financial Integrity Rating System of Texas.” It is the annual rating performed by the Texas Education Agency to test the financial performance of school districts as required by Title 19, Texas Administrative Code, Section 109. The ratings are upon analysis of staff, student, budgetary and actual financial data.

Allen ISD has received a “Superior Achievement” rating every year since FIRST was established. A district is assigned one of four ratings: Superior Achievement, Above Standard Achievement, Standard Achievement, and Substandard Achievement.

 Allen ISD believes that reaching the goal of Superior Achievement is more significant due to the complexity of accounting associated with Texas’ school finance system. The Schools FIRST accountability rating makes sure that Texas school districts are accountable not only for student learning, but also for achieving these results cost-effectively and efficiently. The information provided by the Schools FIRST system will guide the district in its continued efforts to make the most of each taxpayer dollar. 

The District's performance reports under Schools FIRST

Top Ten Taxpayers

2024 Top Ten Taxpayers

Real & Personal Properties Included

Taxpayer

Taxable Value

1

HARBERT PARKSIDE INVESTOR LP

$266,994,038

2

VAA IMPROVEMENTS LLC

$174,884,500

3

ALLEN PREMIUM OUTLETS LP

$156,730,733

4

RPM XCONSTRUCTION LLC

$124,553,777

5

S2 TWIN CREEK I LP

$120,965,924

6

CHARTER DW WATTERS CREEK VILLAGE LLC

$120,726,825

7

C1 DALLAS - ALLEN (LOT 1) LLC

$115,366,254

8

IBG REAL ESTATE HOLDINGS II INC

$109,721,319

9

HENNEMAN WAY PROPCO 1 LLC

$104,876,780

10

CISCO SYSTEMS INC

$99,500,000

Source: Collin County Appraisal District

Booster Club Guidelines

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AISD Booster Club Guidelilnes

The Allen ISD recognizes the important role Booster Clubs play in the support of student organizations in Allen. To that end, we have developed the Booster Club Guidelines Manual to assist booster clubs by providing organizational and financial guidance. It also aims to assist booster clubs in meeting District, State, and Federal requirements. It includes suggestions for improving the organization related to day-to-day activities. Even though a booster club works very closely with the District, it is a separate entity from the District. Therefore, the District greatly appreciates the time, effort, and financial support that the booster clubs provide to students. In addition to these guidelines please refer to the Allen ISD Board Policy GE(Local) Relations With Parent Organizations for additional information.