Katy ISD received an “A” rating for superior achievement under the Texas Education Agency's
Financial Integrity Rating System of Texas. The district has received this rating for 20 consecutive years.
This year, Katy ISD passed all
critical indicators with a perfect score for the superior achievement designation. Some of these indicators include a documented increase in student enrollment, financial information posted to the district’s website and general fund revenues that equal or exceed expenditures throughout the year.
“This rating shows that our district is making the most of our taxpayers’ dollars and that Katy ISD is accountable not only for student learning but also for achieving these results cost-effectively and efficiently,” KISD Chief Financial Officer
Christopher Smith said in a Nov. 2 press release.
The primary goal of the FIRST is to achieve quality performance in the management of the school district’s financial resources, a goal made more significant due to the complexity of accounting associated with Texas’ school finance system.