Castleberry ISD Earns State's Highest Fiscal Accountability Rating

Castleberry ISD Earns State's Highest Fiscal Accountability Rating
Posted on 09/14/2023
Castleberry ISD Earns State's Highest Fiscal Accountability Rating

Castleberry Independent School District officials announced that the 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 Castleberry ISD’s financial management and reporting system.

This is the 18th 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 Texas’ school finance system.

“We are very pleased with Castleberry ISD’s School FIRST rating,” said Renee Smith-Faulkner, superintendent of schools. “This rating demonstrates how Castleberry ISD is held accountable for student learning while efficiently utilizing taxpayers' dollars to achieve these results.”

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.”

For additional information, contact DeAnne Page, executive director of financial services at 817.252.2023.