Irving ISD Receives Highest Rating For Financial Accountability

Press release from Irving-Las Colinas Chamber of Commerce:

29 November 2021

Irving Independent School District has earned top honors in finance accountability for the 19th year in a row. The district received the highest rating, an “A” for Superior Achievement, under the School Financial Integrity Rating System of Texas (FIRST). This high rating is based on the 2019-20 school year data.

School FIRST is a financial accountability system for Texas school districts implemented by the Texas Education Agency (TEA). The goal of School FIRST is to ensure that the state’s public schools are held accountable for the quality of their financial management practices.

TEA assigns one of four financial accountability ratings to Texas school districts, with the highest being “A” for Superior Achievement, followed by “B” for Above-Standard Achievement, “C” for Standard Achievement and “F” for Substandard Achievement.

Receiving the Superior Achievement rating demonstrates the quality of Irving ISD’s financial management and reporting system. Districts that receive a score of 90 out of 100 earn a rating of Superior Achievement, and Irving scored a 98.

Fernando Natividad, chief financial officer for Irving ISD, is honored by the news and credits the district’s Board of Trustees for the success.

“The rating of ‘Superior’ could not be achieved without the support of our amazing Board of Trustees and the leadership of our Superintendent,” he says. “Furthermore, the Purchasing, Business, Tax Services and Payroll teams played a significant and valuable role in this achievement.”

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This press release was produced by Irving-Las Colinas Chamber of Commerce. The views expressed here are the author’s own.