1. Columbia-Brazoria ISD Schools FIRST Report
Texas Education Agency’s
Financial Integrity Rating System of Texas
October 18, 2016

2. (based on 2014-2015 financial information)
CBISD 2016 Rating
Passed!
(based on financial information)
Determined by answers and scores given on 15 indicators:
A (Superior) =
B (Above Standard) = 50-69
C (Meets Standard) = 31-49
F (Substandard Achievement) = <31 or No on default indicators

3. 15 INDICATORS
1. Audited Financial Report and data submitted within 30 days of deadline?
Yes - Audited Financial Reports and data filed 11/11/15
2. Unmodified Opinion on Annual Financial Report and free of any material weaknesses in internal controls over financial reporting and compliance for local, state, or federal funds?
Yes – Unmodified (Clean) Audit Opinion
Yes – Free of Material Weaknesses

4. 15 INDICATORS (continued)
Was the district in compliance with payments terms of all debt agreements? Yes - District made all bond payments
4. Did the District make timely payments to the TRS, TWC and IRS?
Yes - District made timely payments
5. Total Unrestricted Net Asset balance in Statement of Net Assets > 0?
Yes – $10,772,191
6. Cash on hand sufficient to cover operating expenditures?
Yes – 135 days vs. 90 days Standard
10 points

5. 15 INDICATORS (continued)
7. Current assets to current liabilities ratio sufficient to cover short-term debt?
Yes – 3.16 vs Standard
10 points
8. Long-term liabilities to total assets sufficient to support long-term solvency?
Yes – 0.56 is less than 0.60 standard

6. 15 INDICATORS (continued)
9. General Fund revenues equal or exceed expenditures or is there over 60 days of cash on hand?
Yes – greater than 60 days of cash
10 points
10. Debt Service coverage ratio sufficient to meet the required debt service?
Yes – 2.28 vs Standard

7. 15 INDICATORS (continued)
11. Administrative cost ratio equal to or less than the threshold ratio?
Yes – is less than Standard
10 points
12. District did not have a 15% decline in the students to staff ratio over 3 years?
Yes – District did not have 15% decline

8. 15 INDICATORS (continued)
13. PEIMS data similar to the District’s AFR result in a total variance of less than 3% of all expenditures by function?
Yes – variance is less than 3%
10 points
14. District free of material noncompliance for grants, contracts, and laws related to local, state, or federal funds?
Yes - free of material noncompliance

9. 15 INDICATORS (continued)
15. Did not receive an adjusted repayment schedule for more than one fiscal year for an over allocation of Foundation School Program funds as a result of a financial hardship?
Yes – did not receive an adjusted repayment schedule
10 points

10. Columbia-Brazoria ISD
PASSING
RATING OF
SUPERIOR
100 points out of
100 total points

11. (based on 2013-2014 financial information)
CBISD 2015 Rating
Superior Achievement!
(based on financial information)
Determined by score given on 7 Indicators
16-30 Passed
<16 or No on default indicators – Substandard Achievement

12. 30 points out of 30 total points
CBISD 2015 Rating
PASSING
RATING
30 points out of total points

13. Reimbursements Received by the Superintendent and Board Members
For the Twelve-Month Period
Ended June 30, 2016
Board Members
Description of Reimbursements
Supt. Steven Galloway
Jonathan
Becky
Linda
Wendy
Matt
John
Nick
Champagne
Danford
Huebner
Monical
Damborsky
Vernor
Kondra
Meals $ $ $ $
Lodging
$ 4,567.38 $ $ $ $ $
Transportation $ $ $ $
Mileage/Motor Fuel
$ 2,025.94
Other $ $ $ $ $ $
Total $
$ 1,951.99
$ 1,407.65
$ 1,819.69
$ 1,407.65 $
$ 1,207.53

14. For the Twelve-Month Period
Outside Compensation and/or Fees Received by the Superintendent
for Professional Consulting and/or Other Personal Services
For the Twelve-Month Period
Ended June 30,2016
Name(s) of Entity(ies)
Amount Received
NONE $
Total
$0.00

15. Gifts Received by Executive Officers and Board Members (and First Degree Relatives, if any) (gifts that had an economic value of $250 or more in the aggregate in the fiscal year)
For the Twelve-Month Period Ended June 30, 2016
Board Members
Supt Steven Galloway
Jonathan
Becky
Linda
Wendy
Matt
John
Nick
Champagne
Danford
Huebner
Monical
Damborsky
Vernor
Kondra
Total $ $ $ $

16. Business Transactions Between School District and Board Members
For the 12 Month Period Ended
June 30,2016
Board Members
Jonathan
Becky
Linda
Wendy
Matt
John
Nick
Champagne
Danford
Huebner
Monical
Damborsky
Vernor
Kondra
Amounts $ $ $ $ $ $