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Splendora ISD earns state’s highest fiscal accountability rating


By OBSERVER STAFF REPORTS
Updated: 09.24.08
Splendora Independent School District officials announced that the district received a rating of “superior achievement” under Texas’s Schools FIRST (Financial Accountability Rating System of Texas). The superior achievement rating is the state’s highest, demonstrating the quality of Splendora ISD’s financial management and reporting system.

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

The Schools FIRST accountability rating system assigns one of four financial accountability ratings to Texas school districts, with the highest being superior achievement, followed by above-standard achievement, standard achievement and substandard achievement. Districts with serious data quality problems may receive the additional rating of suspended-data quality. Districts that receive the substandard achievement or suspended-data quality ratings under Schools FIRST must file a corrective action plan with the Texas Education Agency.

Splendora ISD will hold a public hearing on the FIRST accountability rating on Oct. 20 at 6:45 p.m. in the Board Room at 23419 FM 2090 in Splendora.





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