1. School FIRST Financial Integrity Rating System of Texas Presented by Abraham George Chief Financial Officer

2. School FIRST Total of 24 indicators - used to measure - financial usage - data quality - financial stability

3. School FIRST Major Indicators - Fund balance - Clean audit report - Bond repayments - % of tax collection - Accuracy of data/PEIMS

4. School FIRST Major Indicators (cont) - Admin. cost ratio (monetary) - Staff to student ratio (count) - % of expenditures for classroom instruction - Budget practices

5. School FIRST Rating Scale Superior Achievement75 - 85 Above Standard65 - 74 Standard55 - 64 Substandard< 55 or missing any key indicators

6. School FIRST Rating for Sheldon-Superior Total Score- 79

7. School FIRST Major Changes % of expenditure for Instruction Requirement Sheldon Requirement Sheldon 05-06 Budget54% (55%) 06-07 Budget55% (58%) 07-08 Budget60% (58%) 08-09 Budget65%

8. School FIRST School FIRST Major Changes (cont) - District’s Academic Rating - District’s Academic Rating - Supt. Contract - Supt. Contract - Supt. Compensation from other services - Supt. Compensation from other services - Summary of reimbursement to Supt. & Board - Summary of reimbursement to Supt. & Board - Summary of business transaction by Board member with the District - Summary of business transaction by Board member with the District - Schedule of gifts of $250 or more in aggregate to any executive officer of the District - Schedule of gifts of $250 or more in aggregate to any executive officer of the District

9. School FIRST Financial Integrity Rating System Questions