Los Fresnos CISD has received a Superior Achievement rating from TEA’s Financial Integrity Rating System of Texas (FIRST), the highest on the scale used to score district financial accountability.
The Los Fresnos CISD scored a perfect score of 100 on the TEA’S Financial Integrity Rating System of Texas (FIRST) report. This is the 20th straight year the district scores an “A” for Superior Achievement.
The FIRST ratings, which covered the 2020-2021 school year, were released on August 4, 2022.
The FIRST system is the TEA accountability rating system that promotes best financial management practices for Texas public schools. It ensures transparency and oversight, while supporting maximum allocation for direct instructional purposes.
Fifteen financial indicators are taken into account by the TEA when assigning one of four financial accountability scores. They include administrative cost expenditures; the accuracy of a district or charter’s financial information submitted to TEA; and any financial vulnerabilities or material weaknesses in internal controls as determined by an external auditor.
Districts are rated on a grade system with the highest being “A” for “Superior Achievement,” followed by “B” for “Above-Standard Achievement,” “C” for “Standard Achievement” and “F” for “Substandard Achievement.”