Frisco ISD Again Earns State's Top Honor for Financial Responsibility

Posted by Team McDonald on Thursday, September 11th, 2014 at 1:15pm.

Frisco ISD has once again earned a "Superior" rating through the School Financial Integrity Rating System of Texas.  This is a designation that the distict has successfully held since 2001 and is based on annual financial reports provided to TEA as they regulary audit each district and charter in the state. Ratings area established based on 20 financial indicators such as operating expenses, tax collection rates, student-to-teacher ratios and a district's amount of debt.

This designation was created by the Texas Education Administration 13 years ago to encourage public schools to better manage their money and resources and provide maximum educational experiences for the children in their district with their allocations.  There are a total of 4 ratings a district can be labled with: Superior, Above Standard, Standard, Substandard.

Congratulations to Frisco ISD for obtaining their Superior rating once again!  Keep up the excellent work!

 


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