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Waco ISD earns A on 2025 School FIRST report; district loses points on three solvency indicators
Summary
At a public hearing, district staff reported a School FIRST score of 94 (A). The district passed the four critical indicators but lost points on three solvency indicators tied to long-term liabilities, debt-to-value correlation and administrative-cost ratio — changes staff attributed in part to recent bond issuances.
The Waco Independent School District held a public hearing on its 2025 School FIRST financial accountability report and announced an overall score of 94, a grade of A.
"We got a 94 this year. So we have superior achievement," said Cheryl Smith, the staff presenter, during the hearing opened by President Vidania. Smith told trustees the district passed all four critical School FIRST indicators and that most solvency indicators received full points.
Smith said the district lost two points on solvency indicators 11 and 12 and two points on indicator 13.…
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