CFISD earns Schools FIRST top rating for 12th year

CYPRESS, TX -- Cypress-Fairbanks ISD received a rating of Superior Achievement by the Texas Education Agency (TEA)'s Schools FIRST (Financial Integrity Rating System of Texas) program, announced on Sept. 5 - marking the 12th consecutive rating for CFISD.

The district's rating is based on an analysis of staff and student data reported for the 2012-2013 school year and the budgetary and actual financial data for the 2013 fiscal year. All areas of the district's financial management were reviewed according to 20 indicators. A negative response to any of the first few criteria could have resulted in an automatic "Substandard" rating. While a score of 52 indicated a passing score, CFISD attained the highest possible score of 70.

"The Financial Integrity Rating System of Texas is the state's financial accountability rating system that assesses the quality of financial management in Texas public schools. We are proud to have been awarded the highest rating of Superior Achievement for the fiscal year June 30, 2013, and for the 12th consecutive year," said Stuart Snow, associate superintendent for business and financial services. "CFISD has achieved the Superior Achievement rating every year since the rating system was enacted by the 77th Legislature in 2001."

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