FOR IMMEDIATE RELEASE – 10/17/2007
FOR INFORMATION, CONTACT:
Judy Everett Ramos, 817-399-2025
“Superior” Financial Rating Reflects More Funds for Instruction, Less on Administration
For the fifth year in a row, the District has received a "Superior" Rating in the state FIRST program, the financial accountability rating system.
"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.
The rating was based on the 2005-2006 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 21 established indicators.
Texas school districts are now 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 16 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 15 on the list of state indicators asks "Was the Administrative Cost Ratio 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 7.03 percent.
HEB ISD HAS LOW STUDENT-TEACHER RATIOS
Question 16 on the list of state indicators asks “Was the Ratio of Students to Teachers within the ranges shown below according to district size?” 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 15.8 for fiscal year 2005-2006. Any ratio between 13.5 and 22 students per teacher meets the state standard. HEB has a relatively small student-teacher ratio."
HEB ISD HAS LOW STUDENT-STAFF RATIOS
Question 17 on the list of state indicators asks, "Was the Ratio of Students to Total Staff within the ranges shown below according to district size?
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 6.6 - High 14.
As cited in the study, “HEB's ratio of students to total staff was 8.4 for fiscal year 2005-2006. Any ratio between 6.6 and 14 students to total staff meets the state standard.”
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