Clear Creek ISD received an “A” rating from the state of Texas through the Financial Integrity Rating System of Texas.

Issued by the Texas Education Agency, it’s the highest rating available to school districts, according to district documents.

The overview

FIRST is used as a financial accountability rating system to "achieve quality performance in the management of school districts’ financial resources,” according to district documents.

Out of a possible score of 100, the district scored a 90, which is the same score the district received last year, TEA data shows.

Statewide, over 86% of school districts received an “A,” according to the TEA.

Diving in deeper

The FIRST rating uses 21 indicators, according to district documents.

These include:

• Whether the district submitted financial documents to the TEA within the required time frame
• If the district complied with debt payments by the end of the fiscal year
• If cash on hand was sufficient
• Whether the current assets and liabilities ratio was sufficient to cover short-term debt

The two indicators in which CCISD did not receive a 10/10 score were indicators eight and 11, according to district documents.

Indicator eight assesses if the district’s financial health is stable enough to manage its short-term debts, according to district documents. CCISD scored a 6 out of 10.

Indicator 11 assesses whether the district’s financial structure is stable enough to handle its long-term obligations without jeopardizing its financial position, district documents show. CCISD scored a 4 out of 10.