Facts and insights about Texas public schools
Random header image... Refresh for more!

Most Texas Districts Get Superior Financial Ratings

Earlier this month, the Texas Education Agency (TEA) released preliminary financial accountability ratings for more than 1,100 public school districts and charters. The School Financial Integrity Rating System of Texas (FIRST) was created “…to encourage public schools to better manage their financial resources to provide the maximum allocation possible for direct instructional purposes.”

The results show that overall, public schools and charters are doing an overwhelmingly good job of using their resources wisely, with 87 Eighty-seven percent of districts (902) and charters (126) receiving the highest possible rating (A–Superior). Just 1 percent of districts and charters received the lowest rating.

The ratings are calculated using 15 financial indicators, including administrative cost expenditures, the accuracy of submitted information, and whether districts or charters have financial vulnerabilities (as determined by an external auditor).

Read “TEA releases preliminary 2018–2019 financial accountability ratings,” TEA.

August 16, 2019