CISD Receives State’s Top Financial Rating for 20th Consecutive Year
Coppell ISD has earned the highest financial rating possible for its 2020-2021 financial accountability from the Texas Education Agency (TEA). In its findings, the TEA announced CISD had received both an “A” Superior Rating and a “94” Score in the School Financial Integrity Rating System of Texas (FIRST) ratings. The district has received a “Superior” rating since 2002.
CISD Chief Financial Officer Diana Sircar credits the district’s finance and accounting team for their commitment to financial transparency and the following of stringent accounting standards to keep administrative costs low, as some of the reasons for this top financial rating from the state.
“Continuing to receive this top financial rating from the state shows consistency in our stewardship of our taxpayers’ money and our commitment to financial transparency,” Sircar said. ”I am proud of our entire team for all of their hard work all year round to ensure that we in CISD are in the best financial position possible to do what’s best for the children we educate and serve in our district.”
Sircar discussed the CISD FIRST ratings during the FIRST Financial hearing at the Oct. 17 Board meeting. To view a copy of the CISD TEA School FIRST rating report, visit https://tealprod.tea.state.tx.us/First/forms/Main.asp. A copy of the CISD FIRST report, as well as the CISD budget, financial transparency and other financial reports can be found on the CISD website at www.coppellisd.com/budget.