What you need to know
The Financial Integrity Rating System of Texas scores districts as A through F. This rating is based on different metrics, such as audit and governance disclosures, cash and investments, tax collections, fund balance, debt management, administrative costs, capital projects, and staff levels.
This year, GISD earned a rating of 98 out of 100, translating to an A or "superior" rating, said GISD Chief Financial Officer Jennifer Hanna.
Did you know?
The data used to assess the district's financial practices is from the 2022-23 school year, administrators said. It is one of several data points that are referred to as a "lagging indicator." This means the district receives a rating for the school year based on data from the previous year.
What else?
In addition to budgetary information, the FIRST report contains information about the district's board and administrators, including the superintendent's contract.
