Irving ISD earns top financial rating

by PegNews wire

Irving ISD has received the highest possible rating from the state's School Financial Integrity Rating System of Texas (FIRST). The district was given a Superior Achievement rating, confirming its excellence in managing and reporting taxpayer dollars, even in difficult financial times.

This is the fifth year of School FIRST, a system developed by the Texas Education Agency in response to Senate Bill 875 of the 76th Legislature in 1999. School FIRST seeks to ensure quality performance in the management of school financial resources. The rating was based on financial numbers from the 2005-2006 school year.

The School FIRST system assigns one of four financial accountability ratings to school districts – Superior Achievement, Above Standard Achievement, Standard Achievement, and Substandard Achievement. IISD has received the highest possible rating in all five years of the system's existence.

Source: IISD