KATY, TX [November 22, 2024] – The Texas Schooling Company (TEA) has awarded Katy ISD an “A” (Superior) score within the College Monetary Integrity Ranking System of Texas (FIRST). That is the district’s 22nd consecutive yr incomes a Superior score within the state’s highest fiscal accountability system, given to highschool districts that implement high-quality monetary administration practices.
“Our district’s consecutive A scores from TEA is proof of our Board and administration’s steady dedication to complete and efficient monetary administration,” mentioned Christopher J. Smith, Chief Monetary Officer in Katy ISD. “Due to our overarching aim to stay financially accountable to our neighborhood, we’re all the time searching for to enhance and implement finest practices.”
College FIRST was established first with Senate Invoice 875 of the 76th Texas Legislature after which amended underneath Home Invoice 5 of the 83rd Texas Legislature. Due to the complexity of Texas faculty finance, the score system goals to bolster the standard of monetary administration of college districts. Go to the College FIRST webpage to be taught extra.
The division additionally obtained the Certificates of Achievement for Excellence in Monetary Reporting from the Authorities Finance Officers Affiliation (GFOA) for the fiscal yr 2023. That is the district’s 41st time incomes the excellence.
The GFOA established the Certificates of Achievement for Excellence in Monetary Reporting in 1945 to encourage and help state and native governments all through america and Canada to transcend the minimal of accounting ideas. Go to www.gfoa.org to be taught extra.
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