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The primary goal of School 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’ school finance system. |
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School First was developed in consultation with the
Comptroller of Public Accounts, and its development also benefited from
the many comments that were received from school district and regional
education service center personnel. |
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S.B. 218 of the 77th Legislature (2001) authorized the
implementation of the financial accountability rating system.
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The School FIRST rating is
based upon an analysis of staff and student data reported for the
2003-2004 school year, and budgetary and actual financial data for the
fiscal year ended August 31, 2004. |
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The School First accountability
rating system assigns one of four financial accountability ratings to
Texas school districts.
·
Superior
Achievement
·
Above-Standard
Achievement
·
Standard
Achievement
·
Substandard
Achievement |
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The School FIRST rating system
rated Texas districts based on their answers to 21 separate questions.
Each question was designed to assess the quality of the financial
management of the district’s
resources. |
