Conroe ISD Achieves Highest Financial Rating for 20th Consecutive Year
Conroe ISD has received an “A” rating, or “Superior Achievement,” under the Financial Integrity Rating System of Texas (FIRST) for the 20th consecutive year. The “Superior Achievement” rating is the state’s highest, demonstrating the quality of Conroe ISD’s financial management and reporting system.
Last year, the District recorded a perfect score of 100, while scoring 98 points during this auditing period. The 2022-23 ratings are based on annual financial reports provided to TEA by districts and charters from 2021-22. The financial accountability system requires TEA to review the audited financial reports from all districts and charters. The FIRST ratings are based on 20 financial indicators, such as administrative cost expenditures; the accuracy of a district or charter’s financial information submitted to TEA; and any financial vulnerabilities or material weaknesses in internal controls as determined by an external auditor.
All school districts and charters are required to report information and financial accountability ratings to parents and taxpayers. In addition, districts and charters must hold a public discussion or hearing regarding its financial report. Conroe ISD held its public hearing on Tuesday, October 17, 2023.
To review the 2020-2021 FIRST ratings for all districts and charters, visit the TEA website. To learn more about Conroe ISD’s Finances, please visit the Texas Transparency webpage.
Source: Conroe ISD
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