The Texas Education Agency (TEA) released final financial accountability ratings for Texas public school systems.
88% received an 'A' or Superior Achievement rating for 2022-2023, exemplifying high-quality financial management practices.
Established in 2001 by the 77th Texas Legislature, the School Financial Integrity Rating System of Texas encourages school systems to improve financial resources to provide the maximum allocation possible for direct instructional purposes. Ratings for 2022-2023 are based on annual financial reports provided to TEA by school systems for the 2022 fiscal year. These reports are subsequently reviewed by the agency and a rating is assigned.
There are critical indicators that result in an automatic F or Substandard Achievement rating should a school system fail in that specific category - regardless of their overall score. Final FIRST ratings for charter schools operated by a public institution of higher education are assigned separately. IHEs are assigned either a Pass or Fail rating based on seven different indicators.
All Texas public school systems are required to share their financial accountability ratings with parents and taxpayers and host a public discussion or hearing regarding their financial report. To review the final 2022-2023 FIRST ratings for all school systems ,
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