For the 24th straight year, Katy ISD has earned an “A” rating for Superior Achievement in the Financial Integrity Rating System of Texas (FIRST), the state’s highest distinction for financial …
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For the 24th straight year, Katy ISD has earned an “A” rating for Superior Achievement in the Financial Integrity Rating System of Texas (FIRST), the state’s highest distinction for financial management and accountability, the district announced on October 26.
The recognition reflects the district’s rigorous commitment to fiscal prudence, transparency and sensible stewardship of taxpayer dollars, a district spokesperson said. Katy ISD earned 98 points, meeting all critical financial indicators established by the Texas Education Agency (TEA).
“Earning the state’s highest financial accountability rating for 24 consecutive years reflects our District’s culture and commitment to fiscal management,” Katy ISD Chief Financial Officer Christopher Smith said. “We take our responsibility to taxpayers seriously and are focused on making sound financial decisions that foster student success and maintain the district’s long-term financial health.”
Established by the Texas Legislature in 1999, the Schools FIRST program evaluates the financial management practices of public school districts across Texas. The accountability system promotes transparency, fiscal responsibility and the efficient use of public funds.
Katy ISD’s continued recognition reflects the district’s commitment to maintaining strong financial practices while supporting the needs of students, staff and a growing community, the district said. For more information about the Schools FIRST program, visit the Texas Education Agency’s website at https://tea.texas.gov/data-reports/financial-compliance/financial-integrity-rating-system-texas-first.