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School F I R S T. F inancial. I ntegrity. R ating. S ystem of. T exas. Spring Branch ISD. PUBLIC HEARING School FIRST 2010 Rating. Based on FY 2009 Data. School FIRST. Created by 77 th Legislature in 2001.

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f inancial

School F I R S T

Financial

Integrity

Rating

System of

Texas

Spring Branch ISD

slide3

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
slide4

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

rating for spring branch isd
Rating for Spring Branch ISD
  • Highest Rating – Superior Achievement
  • For 8 consecutive years
slide6

Financial Integrity Rating System of Texas

2008-2009 District Status Detail

indicators
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
indicators1
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
indicators2
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
indicators3
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
superintendent s current contract
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
slide13

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

slide14

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)

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