Edgewood ISD FIRST RATING Presented Monday, December 17, 2018

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Presentation transcript:

Edgewood ISD 2017-18 FIRST RATING Presented Monday, December 17, 2018

What is the FIRST Rating? Financial Integrity Rating System of Texas Primary goal of the FIRST Rating is to hold public school districts accountable for the quality of their financial management practices to encourage optimal financial management in order to help provide the maximum allocation possible for direct instructional purposes.

How is the rating determined? Created and distributed by the Texas Education Agency Analysis of staff, student, and financial data from school year 2016- 17 This information is applied to 15 separate achievement indicators consisting of five yes/no questions, and ten scoreable indicators

First Rating…Quick Comparison 2014-15 FIRST Report 2015-16 FIRST Report 2016-17 FIRST Report Indicators that were evaluated 7 15 Highest (best) Possible Score a District Could Reach 30 (EISD scored 30) 100 (EISD scored 98) (EISD scored 100) Possible Achievement Ratings a District Could be Awarded “Pass” “Sub-Standard” A = Superior B = Above Standard C = Meets Standard F = Substandard Achievement

Edgewood ISD’s Past Year’s Ratings 2015-16…Superior 2014-15…Passed 2013-14…Superior Achievement 2012-13…Superior Achievement 2011-12…Superior Achievement 2010-11…Superior Achievement 2009-10…Superior Achievement 2008-09…Superior Achievement 2007-08…Superior Achievement 2006-07…Superior Achievement 2005-06…Superior Achievement 2004-05…Superior Achievement 2003-04…Superior Achievement 2002-03…Superior Achievement

How did Edgewood ISD score? Awarded a 2017-18 “Superior” rating of 100 out of 100 points 2017-18 EISD FIRST RATING

FIRST Rating District Financial Disclosures Superintendent’s Employment Contract is posted to the School District Website Superintendent reports no outside compensation was earned for the 2016-17 fiscal year. Superintendent and Board of Trustees report 2016-17 reimbursements and on-behalf reimbursements Superintendent mileage reimbursement ($1,292.87) and EISD payment on-behalf of Superintendent ($2,489.19) [meals, registration fees, fuel spread, and lodging] EISD Board of Trustees reimbursement ($375) [convention fee] and EISD payment on-behalf ($480) [Legal Seminars] Superintendent and Board of Trustees report no gifts were received for the 2016-17 fiscal year. Board of Trustees reports no business transactions occurred between Board Members and the District for the 2016-17 fiscal year.