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McKinney ISD receives 'Superior' School FIRST rating; board accepts draft audit and adopts certified tax roll
Summary
McKinney ISD reported a 'Superior Achievement' School FIRST financial rating from TEA, accepted a draft fiscal-year audit, and adopted the certified 2025 tax roll. Auditors described an unmodified (clean) opinion as likely once pending federal guidance is finalized.
The McKinney Independent School District reported a "Superior Achievement" rating under the Texas Education Agency’s School FIRST financial integrity system and the Board of Trustees accepted a draft of the fiscal 2024–25 audit and adopted the district’s certified 2025 tax roll Monday night.
Chief Financial and audit presenters told the board that McKinney ISD scored 96 out of 100 on School FIRST — the TEA accountability tool that reviews fiscal practices using multiple indicators — and that the district satisfied nearly all compliance measures in the 23–24 fiscal-data review. The presentation covered indicators including timely filing of the annual financial report, compliance with debt agreements, cash-on-hand, fund-balance measures, and administrative-cost ratios.
Assistant auditors from Eide Bailly LLP said they planned to issue an unmodified (clean) opinion on the…
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