SAISD receives superior financial rating distinction for 14th straight year

The San Angelo Independent School District has received a superior achievement ranking on the Financial Integrity Rating System of Texas for the 14th consecutive year. Additionally, the district received a perfect score on the FIRST rating criteria.

FIRST is the financial accountability system for Texas school districts developed by the Texas Education Agency in response to Senate Bill 875 of the 76th Texas Legislature in 1999. The primary goal is to achieve quality performance in the management of school districts’ financial resources, a goal made more significant because of the complexity of accounting associated with the state’s school finance system.

According to a press release from the SAISD, the TEA assigned one of four financial accountability ratings to Texas school districts, with the highest being “A” for “superior achievement,” followed by “B” for “above-standard achievement,” “C” for “standard achievement” and “F” for “substandard Aahievement.”

In the release, Assistant Superintendent Jeff Bright credits district staff and the SAISD school board for maintaining high standards and seeing that San Angelo ISD strives to operate efficiently, effectively and within the limits of state and federal guidelines.

The district will present its report at the regular board meeting in November.