NISD receives ‘Superior’ financial rating

NISD receives ‘Superior’ financial rating
Posted on 12/20/2019
NISD receives ‘Superior’ financial rating

Nacogdoches Independent School District received a rating of “A” for “Superior Achievement” under Texas’ School FIRST financial accountability rating system. The “Superior Achievement” rating is the state’s highest, demonstrating the quality of Nacogdoches ISD’s financial management and reporting system.

This is the 17th year of School FIRST (Financial Accountability Rating System of Texas), a fiscal accountability system developed for Texas public schools by the Texas Education Agency in response to Senate Bill 875 of the 76th Texas Legislature in 1999 and amendments under House Bill 5 of the 83rd Texas Legislature. 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 the rating,” said NISD interim Superintendent Alton Frailey. “This rating shows our district is making the most of our taxpayers’ dollars, and that NISD schools are accountable not only for student learning, but also for achieving these results cost-effectively and efficiently.”

Texas Education Agency assigns one of four financial accountability ratings to Texas public 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.”

Nacogdoches ISD has achieved the highest rating for 14 prior years. 

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