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 Financial Integrity

Posted: 10/29/2010 


District Receives Perfect State Financial Rating


For the eighth year in a row, the Hurst-Euless-Bedford ISD has received a "Superior" Rating in the state FIRST program, the financial accountability rating system. In fact, the District received a perfect score of 80 for the latest assessment. "Superior" is the highest possible in this assessment and reflects the District's low spending on administrative costs and its focus on instructional spending; low student-teacher ratios; and low ratios of students to total staff.

School FIRST (Financial Integrity Rating System of Texas) reports public school district financial accountability ratings, as authorized by Senate Bill (SB) 218 of the 77th Legislature in 2001.

The rating was based on audit information from the 2008-2009 fiscal year.

The system requires the Texas Education Agency to review the audited financial reports from all districts and assign financial management ratings based on how the data conform to 22 established indicators.

Texas school districts are required to prepare an annual financial management report that includes the district's financial management performance rating from TEA and the district's previous performance on the rating indicators. District staff presented the FIRST results at the October 19 board meeting.

HEB ISD Spends Less on Administration

In particular, the "Superior" rating reflects the District's low spending on administrative costs. State law sets a cap on the percentage of their budget that Texas school districts can spend on administration. The state compares administrative costs to instructional costs.

Question 16 on the list of state indicators examines whether the administrative cost ratio is less than the standard in TEA and state law. The state standard is 11.05 percent for administrative costs. The HEB ISD cost ratio was 5.8 percent.

HEB ISD has Low Student-Teacher Ratios

Question 17 looks at whether the ratio of students to teachers is within state ranges. This indicator measures a school district's pupil-teacher ratio to ensure that it is within recommended ranges for districts of various student population ranges. For districts with more than 10,000 students, the ranges for ratios are: Low 13.5 - High 22.

As cited in the study, "HEB's ratio of students per teacher was 15.7 for fiscal year 2008-2009. Any ratio between 13.5 and 22 students per teacher meets the state standard."

HEB ISD has Low Student-Staff Ratios

Question 18 examines whether the ratio of students to total staff is within state ranges.
This indicator measures pupil-staff ratio to ensure that it is within TEA-recommended ranges for districts of various student population ranges. For districts with more than 10,000 students, the ranges for ratios are: Low 7 - High 14 students per staff member.

As cited in the study, "HEB's ratio of students to total staff was 8.4 for fiscal year 2008-2009. Any ratio between 7 and 14 students to total staff meets the state standard."




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