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Spring Branch ISD Financial Integrity Rating System: 2010 Public Hearing Overview

The Spring Branch ISD participated in the School Financial Integrity Rating System of Texas (School FIRST) public hearing in 2010. Established by the 77th Legislature in 2001, School FIRST assesses school districts' performance in managing financial resources based on 22 indicators. The Spring Branch ISD was rated as Superior Achievement for eight consecutive years, scoring between 72-80. Key indicators evaluated included unqualified opinions in financial reports and tax collection rates, with the district consistently demonstrating strong financial accountability and compliance.

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Spring Branch ISD Financial Integrity Rating System: 2010 Public Hearing Overview

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  1. School F I R S T Financial Integrity Rating System of Texas Spring Branch ISD

  2. PUBLIC HEARINGSchool FIRST2010 Rating Based on FY 2009 Data

  3. School FIRST • Created by 77th Legislature in 2001 • Goal – quality performance in the management of school districts’ financial resources • 22 financial indicators used to rate district’s compliance with financial standards and benchmarks

  4. School FIRST Rating systemSuperior Achievement 72–80 and Yes to indicator 7 Above Standard Achievement 64–71 or >= 72 and No to indicator 7 Standard Achievement 56–63 Substandard Achievement < 56 or No to one default indicator

  5. Rating for Spring Branch ISD • Highest Rating – Superior Achievement • For 8 consecutive years

  6. Financial Integrity Rating System of Texas 2008-2009 District Status Detail

  7. Indicators • 5. Was there an Unqualified Opinion in the Annual Financial Report? • 2008 Yes Passed • 2009 Yes Passed • 6. Did the Annual Financial Report not disclose any instance(s) of material weaknesses in internal controls? • 2008 Yes Passed • 2009 Yes Passed

  8. Indicators • 8. Was the three-year average percent of total tax collections (including delinquent) greater than 98%? • 2008 99.53% 5 • 2009 99.53% 5

  9. Indicators • 16. Was the administrative cost ratio less than the threshold ratio? Standard .1105 • 2008 .0465 5 • 2009 .05 5 • 17. Was the ratio of students to teachers within the ranges shown below according to district size? Standard Lower Limit 13.5 Standard Upper Limit 22 • 2008 13.5<13.927<22 5 • 2009 13.5<14.059<22 5

  10. Indicators • 18. Was the ratio of students to total staff within the ranges shown below according to district size? Standard Lower Limit 7.0 Standard Upper Limit 14 • 2008 7.0<7.0804<14 5 • 2009 7.0<7.0547<14 5

  11. Superintendent’s Current Contract • The Superintendent’s contract has been posted on the district website at www.springbranchisd.com • The contract will remain posted for the next twelve months

  12. Total Reimbursements Received by theSuperintendent and Board MembersFor Fiscal Year 2009

  13. Outside Compensation and/or FeesReceived by the SuperintendentFor Professional Consulting and/or Other Personal ServicesFor Fiscal Year 2009

  14. Gifts Received by Executive Officer(s) and Board Members(and First Degree Relatives, if any) in Fiscal Year 2009(Gifts that had an economic value of $250 or more in the aggregate)

  15. Business TransactionsBetween SBISD and Board MembersFiscal Year 2009

  16. PUBLIC HEARINGSchool FIRST2010 Rating Spring Branch ISD

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