DISD earns grade of “A” for financial management rating from TEA

Dripping Springs ISD has earned the highest rating, “A: Superior Achievement,” and a numerical score of 98 on the Texas FIRST (Financial Integrity Rating System of Texas) report for the 2023-24 rating year. The district's score improved by eight points from the 2022-23 rating year, maintaining the highest rating every year but one.

The Texas Education Agency has issued FIRST ratings to public school districts since 1999 to assess the quality of districts’ financial management and reporting. The report holds Texas public schools accountable for their financial management practices, encouraging improvement to ensure maximum allocation of resources for direct instructional purposes.

The FIRST rating is based on 20 indicators, including results of the annual external audit, debt management, fund balance, and administrative cost ratio, among others. The recent designation reflects financial information from the 2022-23 fiscal year.

The TEA evaluated 1,017 Texas school districts on financial management performance, with 850 districts, or 91.2%, earning an “A.” Another 82 districts scored a “B,” 50 received a “C,” and 15 were rated “F.”