SAISD Earns Grade of A In State Financial Accountability System
September 25, 2018
For the 16th year in a row, the San Angelo Independent School District has received the highest rating of "A" (Superior) on the School Financial Integrity Rating System of Texas (FIRST).
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 Texas Education Agency assigns one of four financial accountability ratings to Texas school districts, with the highest being "A" for "Superior", followed by "B" for "Above-Standard", "C" for "Standard" and "F" for "Substandard."
The primary goal of 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 system ensures that Texas public schools are held accountable for the quality of their financial management practices and that they improve those practices. The system is designed to encourage Texas public schools to better manage their financial resources to provide the maximum allocation possible for direct instructional purposes.
Assistant Superintendent, Jeff Bright, continues to credit district staff for their diligence seeing that San Angelo ISD operates efficiently, effectively, and within the limits of state and federal guidelines. He thanks the school board for their support and for maintaining high standards within the district's financial operations.
The District will present its report at the regular board meeting in November.
The district pursues a philosophy of complete transparency and invites all interested parties to view our financial data on our web site.