Financial Integrity Rating System of Texas School F I R S T Spring Branch ISD
PUBLIC HEARING School FIRST 2010 Rating Based on FY 2009 Data
Created by 77 th Legislature in 2001 Goal – quality performance in the management of school districts’ financial resources 22 financial indicators used to rate district’s compliance with financial standards and benchmarks School FIRST
Rating system Superior Achievement 72–80 and Yes to indicator 7 Above Standard Achievement 64–71 or >= 72 and No to indicator 7 Standard Achievement 56–63 Substandard Achievement < 56 or No to one default indicator School FIRST
Rating for Spring Branch ISD Highest Rating – Superior Achievement For 8 consecutive years
Financial Integrity Rating System of Texas District Status Detail Name: SPRING BRANCH ISD(101920) Publication Level 1: 6/11/ :03:10 PM Status: Passed Publication Level 2: 8/30/2010 4:06:59 PM Rating: Superior Achievement Last Updated: 8/30/2010 4:06:59 PM District Score: 80 Passing Score: 56
Indicators 5. Was there an Unqualified Opinion in the Annual Financial Report? 2008YesPassed 2009YesPassed 6. Did the Annual Financial Report not disclose any instance(s) of material weaknesses in internal controls? 2008YesPassed 2009YesPassed
Indicators 8. Was the three-year average percent of total tax collections (including delinquent) greater than 98%? % %5
Indicators 16. Was the administrative cost ratio less than the threshold ratio? Standard 17. Was the ratio of students to teachers within the ranges shown below according to district size? Standard Lower Limit 13.5Standard Upper Limit <13.927< <14.059<225
Indicators 18. Was the ratio of students to total staff within the ranges shown below according to district size? Standard Lower Limit 7.0Standard Upper Limit <7.0804< <7.0547<145
Transparency Reporting Disclosures included in the financial management report. A copy of the Superintendent’s current employment contract. A summary schedule for the fiscal year of total reimbursements received by the Superintendent and each board member. A summary schedule for the fiscal year of compensation and/or fees received by the Superintendent from another school district or any other outside entity for professional consulting. A summary schedule for the fiscal year of the total dollar amount of gifts that had an economic value of $250 or more received by the executive officers and board members. A summary schedule for the fiscal year by board member for the aggregate amount of business transactions with the school district.
Superintendent’s Current Contract The Superintendent’s contract has been posted on the district website at The contract will remain posted for the next twelve months
Total Reimbursements Received by the Superintendent and Board Members For Fiscal Year 2009
Outside Compensation and/or Fees Received by the Superintendent For Professional Consulting and/or Other Personal Services For Fiscal Year 2009
Gifts Received by Executive Officer(s) and Board Members (and First Degree Relatives, if any) in Fiscal Year 2009 (Gifts that had an economic value of $250 or more in the aggregate)
Business Transactions Between SBISD and Board Members Fiscal Year 2009
PUBLIC HEARING School FIRST 2010 Rating Spring Branch ISD