MISSION, Texas – The Mission CISD has received the highest possible rating under the Texas School FIRST (Financial Integrity Rating System of Texas) ratings system.
The district has earned a letter grade of “A” (Superior). The rating is the highest, demonstrating the quality of Mission CISD’s financial management and reporting systems. Mission CISD has received the highest possible rating 17 years in a row (every year possible) under the accountability system.
The FIRST ratings are based on 15 financial indicators such as: administrative cost expenditures, the accuracy of a district or charter’s financial information submitted to TEA, any financial vulnerabilities or material weaknesses in internal controls as determined by an external auditor, debt service ratios, debt payments, cash on hand, etc.
This is the fourth year a letter grade is being used for the ratings. The letter grades are: A-Superior; B-Above Standard Achievement; C- Meet Standard; F-Substandard Achievement.
“We are very pleased to receive the highest rating yet again,” said Mission CISD assistant superintendent for finance, Rumalda Ruiz. “It is important that our taxpayers know that the district is continuing to make the most of our taxpayer dollars.”
The FIRST ratings for all school districts are available online. The ratings for Mission CISD can be found at, https://tealprod.tea.state.tx.us/First/forms/District.aspx?year=2017&district=108908.
More information about FIRST and the ratings of all districts can be found online at, http://tea.texas.gov/index4.aspx?id=3864.