Seguin ISD earns State’s highest fiscal accountability rating
12/07/2018

The Texas Education Agency (TEA) announced that Seguin ISD has received a rating of “A” for “Superior Achievement” under Texas’ School Financial Integrity Rating System of Texas (FIRST).

 

The “Superior Achievement” rating is the state’s highest, demonstrating the quality of Seguin ISD’s financial management and reporting system. The district has earned the honor for sixteen straight years since the program’s inception.

 

School FIRST is a 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. It also complies amendments under House Bill 5, 83rd Texas Legislature, Regular Session, 2013.

 

The primary goal of School 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.

 

“We are very pleased with Seguin ISD’s School FIRST rating, said Seguin ISD Superintendent Dr. Matthew Gutierrez.

 

“This rating shows that our district is making the most of our taxpayers’ dollars. This rating shows that Seguin’s schools are accountable not only for student learning, but also for achieving these results cost-effectively, efficiently and with a focus on financial stewardship.”

 

The TEA has assigned one of four financial accountability ratings to Texas school districts, with the highest being “A” for “Superior Achievement,” followed by “B” for “Above-Standard Achievement,” “C” for “Standard Achievement” and “F” for “Substandard Achievement.”