Callisburg ISD has received the highest rating for financial accountability again, making it the fourteenth year in a row that the district has accomplished this.
School FIRST (Financial Accountability Rating System of Texas), a financial accountability system for Texas school districts was developed by the Texas Education Agency in response to Senate Bill 875 in 1999. The primary goal of School FIRST is to achieve quality performance in the management of school district’s financial resources, a goal made more significant due to the complexity of accounting associated with Texas school finance system.Changes were made to the School FIRST system and were implemented by TEA in August 2015. The changes will be phased-in over a three year period. During the phase-in period, the new School FIRST system has separate worksheets for the rating years and subsequent years. The Schools FIRST accountability rating system assigns one of four financial accountability rating to Texas school districts, with the highest being “A” for Superior Achievement, “B” for Above Standard Achievement, “C” for Standard Achievement and “F” for Substandard Achievement.”. The district has received the highest rating for financial accountability fourteen years in a row. A copy of the 2016 (based on 2014/15 data) District’s Financial Report explaining the district’s performances, information on how the ratings are assessed, and the disclosures required may be obtained by contacting the Callisburg ISD Administration office at (940) 665-0540.