FISD Earns State’s Highest Fiscal Accountability Rating

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

This is the 15th year of School FIRST (Financial Accountability Rating System of Texas),
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
and 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 the Texas school finance system. “Friendswood ISD
continues to be one of the highest performing districts in the state while remaining one of the
most cost efficient districts as well,” said FISD Superintendent, Thad Roher. The District
continues to spend tax payer dollars wisely and provide financial transparency. We are
accountable to our community for much more than a test score on a STAAR test. FIRST
provides a measure showing the high performance of FISD on a financial accountability
measure applied to Districts across the state.”

The Texas Education Agency 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.” FISD has achieved the highest rating for seven consecutive years.