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Alice ISD earns ‘Superior’ financial rating; board reviews disclosures
Summary
CFO Troy Villan reported Alice Independent School District received a “Superior” Financial Integrity Rating System of Texas (FIRST) rating with a numerical score of 98 out of 100 and reviewed routine financial disclosures and compliance indicators for fiscal year 2022–23.
Alice Independent School District reported a “Superior” rating under the Financial Integrity Rating System of Texas (FIRST) for the fiscal year covered by the Texas Education Agency’s 2024 rating, district Chief Financial Officer Troy Villan told the board during a public hearing. Villan said the district’s numerical score was 98 out of 100 and that the district met the required critical, state and competency indicators used by the rating system.
The rating, Villan said, covers district financial activity for the 2022–23 fiscal year and is issued by the Texas Education Agency’s FIRST framework. Villan described the FIRST framework as containing 21 scored indicators (five “critical” indicators that will cause a district to fail the FIRST rating if not met, nine state indicators, six financial…
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