Administrators for Del Valle Independent School District told the board of trustees that the district earned a 96 out of 100 — an A — on the Texas Education Agency’s School FIRST (Financial Integrity Rating System of Texas) rating for fiscal year 2024, and presented the annual, required financial disclosures at a board public hearing that opened at 6:16 p.m. and closed at 6:22 p.m.

“School FIRST is essentially a report card of the district’s financial condition,” said Dean Edgar, deputy superintendent of administrative services, as she introduced the district’s School FIRST presentation and results. Edgar said the ratings are issued by the Texas Education Agency and that the district’s report and supporting materials are available on the business services website and in the board packet.

The School FIRST framework evaluates 21 indicators grouped into critical indicators, financial solvency and competency measures. Edgar told the board the district’s 96-point score for rating year 2025 reflects fiscal year 2024 data. She highlighted several indicators: the district reported 152 days of cash on hand at fiscal year end (indicator 7), above the 90-day benchmark used for a perfect score; a current-assets-to-current-liabilities ratio of 8.64% (indicator 8), exceeding the 3% threshold cited for a top score; and a 0% allowable-variance on financial data submissions compared with the annual financial report (indicator 16).

Edgar noted factors that affected some scores: bond proceeds from 2022 increased available resources and the district ran lower on cash flow during November and December, which would likely lower the days-of-cash measure if it were calculated in those months. She also summarized required disclosures: the district reported no gifts from vendors over $250 and no business transactions involving board members or the superintendent, and said the superintendent received no additional income outside Del Valle ISD during the fiscal year. Edgar said reimbursements for board members and the superintendent in fiscal 2023–24 were “relatively low activity” and largely related to conference registration fees.

President Darla Wagner opened the meeting and said, “Let the record show that a quorum is present and notice of this meeting was posted in accordance with the Texas Open Meetings Act.” No members of the public offered comments during the hearing. After Edgar’s presentation, the district did not take formal action on the School FIRST report itself during the hearing.

The board closed the public hearing at 6:22 p.m. and a motion to adjourn the hearing was made by Vice President Lodesmaboody and seconded by Trustee Burton; the motion passed 7–0 by show of hands at about 6:23 p.m.

The School FIRST report and the district’s annual financial management report remain available on the district business services web page for the period required by TEA.