FIRST Financial Hearing at Oct. 25 Board Meeting
CISD will host a public hearing on its FIRST (Financial Integrity Rating System of Texas) rating report for 2020-2021 during the Oct. 25 Board meeting at 6 p.m. CISD has earned the highest financial rating possible for its 2020-2021 financial accountability from the Texas Education Agency (TEA). CISD has received both an “A” Superior Rating and “100” Score in the FIRST rating report, which are the highest scores possible. The FIRST rating is based upon the financial results of the 2019-2020 school year.
The district has received a “Superior” rating since 2002.
CISD Chief Financial Officer Diana Sircar gives credit to the district’s finance and accounting team for this achievement. She says her team is committed to financial transparency and following stringent accounting standards to keep administrative costs low, which are some of the reasons for CISD receiving this top financial rating from this state.
“Our FIRST rating validates what we at CISD strive for, which is to be excellent stewards of our taxpayers’ money,” Sircar said. ”I am proud of our entire team for all of their hard work to ensure that we in CISD are in the best financial position possible to do what’s best for the children we serve in our district.”
Learn more about the district’s budget, financial transparency and other financial reports at www.coppellisd.com/budget.