Friendswood School 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 14th 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. “We are very pleased with Friendswood ISD’s School FIRST rating,” said FISD Superintendent, Trish Hanks. “This rating shows that our district is making the most of our taxpayers’ dollars and that Friendswood’s schools are accountable not only for student learning but also for achieving these results cost-effectively and efficiently.”
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 six consecutive years.