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HBISD staff report Superior School FIRST rating: district scores 96 of 100
Summary
District finance staff presented the Texas Education Agency School FIRST analysis showing a 96/100 score and a "Superior" rating, with staff noting strong liquidity, a $412 million net position and points affected by recent bond sales.
District finance staff presented the Hurst‑Euless‑Bedford ISD's Financial Integrity Rating System of Texas (School FIRST) results, reporting a 96 out of 100 score — a rating the system classifies as "Superior."
Staff explained that School FIRST uses financial data from the 2023–24 fiscal year and 21 indicators, four of which are treated as critical. The district received full points for timely financial reporting, an unmodified audit opinion and timely payments to government agencies. Staff reported a net position of $412 million, approximately 314 days of cash on hand and a current assets to current liabilities ratio of about 14.77,…
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