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Financial Information

Annual Financial Audit Report


Section 44.008 of the Texas Education Code requires that each school district shall have its fiscal accounts audited annually at district expense by a certified or public accountant holding a permit from the Texas State Board of Public Accountancy.  The audit must be completed following the close of each fiscal year and a copy of the annual audit report, approved by the Board of Trustees, shall be filed with the Texas Education Agency no later than the 150th day after the end of the fiscal year.

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The Texas Education Code requires that every local education agency in Texas prepare and file a budget of anticipated revenues and expenditures with the Texas Education Agency.  the budget process must include budgeting for the General Fund, Food & Nutrition Fund, and Debt Service Fund.  Other funds that are represented in the report, such as Special Revenues, Capital Projects, and Activity Funds, are for information purposes only, as they do not require an officially adopted budget.

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Debt Transparency

The 84th Legislature passed HB 1378 to increase government debt transparency.  Under Local Government Code 140.008, certain political subdivisions, including school districts, must annually compile their debt obligation data from the preceding fiscal year for public access.  The report shall be posted on the district's website within 180 days of the end of the district's fiscal year end.

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Financial Integrity Rating System of Texas

School FIRST (Financial Integrity Rating System of Texas) reports public school district financial accountability ratings, as authorized by Senate Bill (SB) 218 of the 77th Legislature in 2001.


The primary goals of School FIRST are to:


  • Efficiently assess the quality of financial management in Texas public schools
  • Measure and report the extent to which financial resources in Texas public schools assure the maximum allocation possible for direct instructional purposes
  • Implement a rating system that fairly and equitably evaluates the quality of financial management decisions
  • Improve the management of school districts' financial resources
  • Increase financial accountability within Texas' public education system


Districts are rated on various performance metrics (called "indicators") relating to financial management.


School districts receive annual financial performance ratings under FIRST of Superior Achievement, Above Standard Achievement, Standard Achievement, and Substandard Achievement.  The FIRST rating is one of the critical indicators in the financial risk assessment methodology that identifies districts for financial audit or review.

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