BISD Receives Highest FIRST Ranking

Brazosport ISD Again Receives State’s Highest Ranking for Financial Integrity
Posted on 10/16/2018
This is the image for the news article titled Brazosport ISD Again Receives State’s Highest Ranking for Financial IntegrityFor the 16th consecutive year Brazosport Independent School District has earned the highest achievable rating for financial integrity from the Texas Education Agency.

The Texas Education Agency (TEA) utilizing the Financial Integrity Rating System of Texas (FIRST), which is based on 15 financial indicators such as administrative cost expenditures, the accuracy of a district’s financial information submitted to TEA, long term debt ratio and any financial vulnerabilities or material weaknesses in internal controls as determined by an external auditor.

“As a school district we are not only accountable for student success but are committed to using funds efficiently and in a manner that maximizes dollars spent on quality educational experiences,” said BISD Chief Financial and Governmental Affairs Officer Rebecca Kelley. “This rating system was created to ensure that Texas public schools are held accountable for the quality of their financial management practices.”

Based on submitted information, a school district is assigned one of four possible letter grades - A, B, C or F - as well as a coinciding financial management rating - Superior, Above Standard, Meets Standard or Substandard Achievement.

BISD has received an “A” for superior achievement with a score of 98 points. This top rating means that the district passed all 15 indicators and scored between 90 and 100 points.

“Fiscally responsible decisions have a direct impact on financial resources available for instruction,” Kelley added. “We understand the importance of trust and transparency as it relates to managing public funds and are proud of this rating as it demonstrates our commitment to our taxpayers.”

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To view FIRST ratings for all school districts, visit TEA’s School FIRST website.
Click here to view BISD’s FIRST Rating

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