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Seguin ISD earns ‘A’ financial accountability rating
11/15/2024
Seguin ISD has received an ‘A’ rating under the School Financial Integrity Rating System of Texas (FIRST) for the 9th consecutive year. 

The Texas Education Agency (TEA) recently released its final financial accountability ratings for Texas public school systems for the 2023-2024 school year. Seguin ISD is among the 83 percent of districts to receive an ‘A’ for “Superior Achievement” rating. 

“We are proud to receive this rating, which is proof of our commitment to financial excellence and fiscal responsibility,” Superintendent Dr. Veronica Vijil said.

The 2023-2024 ratings are based on districts’ annual financial reports for the 2022-2023 fiscal year, which are reviewed and rated by TEA. These reviews focus on 21 financial indicators, and auditors look for accuracy and financial vulnerabilities in each report.

Seguin ISD has earned an ‘A’ rating for its financial accountability since the 2015-2016 Ratings when TEA shifted from a pass/fail system to letter ratings. The District consistently received a “Passing” rating under the previous system from its inception by the Texas Legislature in 2001 to the 2015-2016 school year.

“FIRST ratings have evolved over the past few years to hold school districts to a higher standard,” Seguin ISD Chief Financial Officer Elizabeth Oaks said. “We will continue to monitor these standards as they change and plan to implement the changes necessary to keep this ‘A’ rating.”
 

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