October 28, 2019 Crowley ISD received a rating of Superior by the Texas Education Agency (TEA)’s School FIRST (Financial Integrity Rating System of Texas) program, announced in early August.
The rating system measures the quality of a district’s financial management and reporting system based on 15 indicators. A negative response to any of the first few criteria could have resulted in an automatic “Substandard” rating. Crowley ISD received the highest rating on 13 of 15 indicators.
While a score of 60 indicates a passing mark, Crowley ISD attained a score of 92. The highest possible score is 100.
A public hearing and presentation on Crowley ISD’s School FIRST rating was held in conjunction with the regularly scheduled Board of Trustees meeting on Oct. 24.
School FIRST was developed by the TEA in response to Senate Bill 218, which was passed by the 77th Legislature in 2001. The primary objective of School FIRST is to achieve quality performance in the management of school districts’ financial resources – a goal made more significant due to the complexity of accounting associated with the Texas school financial system.
The School FIRST accountability rating system assigns financial ratings to Texas school districts, with the highest being Superior, followed by Above-Standard, Meets-Standard and Substandard Achievement.
Click the following PDF to view Crowley ISD’s FIRST report: View PDF.