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Sheldon ISD earns 98/100 on Texas financial integrity rating; loses points for debt ratio
Summary
District finance staff told trustees Sheldon ISD earned a 98 out of 100 on the Financial Integrity Rating System of Texas (FIRST) for fiscal 2023–24, with 20 perfect indicator scores and a two-point deduction tied to the district's debt ratio. Staff provided audit materials and the superintendent's reimbursement and contract pages for review.
Sheldon Independent School District received a score of 98 out of 100 on the Financial Integrity Rating System of Texas (FIRST) for fiscal 2023–24, district finance staff reported during the board meeting.
Finance presenter Joel summarized the FIRST framework, saying it measures data quality and financial performance across 21 indicators that include audit report findings, fund balance, debt ratios and…
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