Schools FIRST

Superior Rating for Jarrell ISD's Finances
Posted on 11/18/2021
This is the image for the news article titled Superior Rating for Jarrell ISD's FinancesJarrell  Independent School District officials announced Wednesday that the district received a rating of “A” for “Superior Achievement” under Texas’ School FIRST financial accountability rating system.

“We are very pleased with this rating, because the School FIRST accountability rating system ensures that we are being responsible stewards of taxpayer dollars,” said Robert Navarro, Chief Financial Officer. “This rating demonstrates that the district is focused on raising academic achievement, while also managing our resources in a cost-effective and efficient manner.” 

The rating system measures the quality of a school district’s financial management and reporting system. The primary goal of School FIRST is to achieve quality performance in the management of school districts’ financial resources, a goal made more significant due to the complexity of accounting associated with Texas’ school finance system.
 
“The information provided by the School FIRST system will guide us in our continued efforts to maximize taxpayer dollars, which is a top priority for Jarrell ISD,” Mr. Navarro said.
 
The Texas Education Agency assigns one of four financial accountability ratings to Texas school districts, with the highest being “A” for “Superior Achievement,” followed by “B” for “Above-Standard Achievement,” “C” for “Standard Achievement” and “F” for “Substandard Achievement.” JISD has achieved the highest rating for the last seven years.
 
Mr. Navarro thanked the collective effort of district operations for this positive financial report.

This is the 17th year of School FIRST (Financial Accountability Rating System of Texas), a financial accountability system for Texas school districts developed by the Texas Education Agency in response to Senate Bill 875 of the 76th Texas Legislature in 1999 and amendments under House Bill 5, 83rd Texas Legislature, Regular Session, 2013.
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