SAISD Receives 9th Superior Rating on Financial Integrity
September 20, 2011
For the ninth year in a row, San Angelo ISD has received a Superior Achievement Rating on the Financial Integrity Rating System of Texas (FIRST) on the 22 indicators rated this year.
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 of Schools FIRST is to achieve quality performance in the management of school district's financial resources, a goal made more significant due to the complexity of accounting associated with Texas's 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." Within two months after receipt of the final FIRST rating, each school district must announce and hold a public hearing to distribute a financial management report that explains the district's performance and the district's rating. This is set to occur at the district's regular board meeting in October.
Assistant Superintendent Jeff Bright credits staff and the school board for maintaining high standards and seeing that the district strives to operate efficiently, effectively, and within the limits of state and federal guidelines.
The district pursues a philosophy of complete transparency and invites all interested parties to view our financial data on our website. This financial data has twice been awarded the highest distinction of "Gold Circle Member" by Texas Comptroller Susan Combs.