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Northside ISD posts 98/100 School FIRST preliminary rating for 2023-24; full financial management report to be published online
Summary
District finance staff reported a preliminary 98 out of 100 rating under the School FIRST (School Financial Integrity Rating System of Texas) for fiscal 2023-24 and explained that the final audit-based report will be posted after TEA completes its review.
Northside ISD finance staff presented the district's annual School FIRST financial-management report, saying the preliminary rating for fiscal 2023-24 is 98 of 100.
Tiffany and Megan of the district finance team described the School FIRST framework and said the rating is calculated from 21 financial indicators, some scored numerically and some pass/fail. District staff noted indicator 11 (ratio of liabilities to assets) dropped points because Northside's ratio was 66% (full points require under 60%). The team said the complete Financial Management Report, which will include formulas and indicator-level detail, will be posted on the district website for public review.
Finance staff explained timing: the 2023-24 fiscal year ended Aug. 31, 2025; audits are completed later in the year and the TEA compiles the School FIRST reports, hence the apparent lag between the fiscal year and the meeting presentation.
Ending: No public comments were taken on the FIRST report during the hearing; staff commended the business office and said they will post the full report online and accept public review as required for the public hearing component.
