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Ysleta ISD drops to a B on TEA's School FIRST; officials cite ESSER stipend timing and cash coverage decline
Summary
Ysleta ISD's Chief Finance and Operations Officer told the board the district's Financial Integrity Rating System of Texas (FIRST) score fell from 92 to 88 for the year ending June 30, 2023, driven by declines in days of cash on hand and current ratio related largely to ESSER stipend payments.
Ysleta Independent School District held the required public hearing on its Financial Integrity Rating System of Texas (School FIRST) report and reviewed the district's score and required disclosures.
Chief Finance and Operations Officer Bloomi Cambern told the board the district maintained passing results on the FIRST system's mandatory indicators 1 through 5, including timely financial reporting and an unmodified audit opinion. However, the district's composite score fell from 92 (an A) for the fiscal year…
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