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Spring ISD maintains top 'A' School FIRST financial rating; report to be posted online
Summary
CFO Anne Westbrooks reported that Spring ISD retained an A rating under the School FIRST financial accountability system for fiscal year 2022–23, reviewed required disclosures, and said the public report would be posted to the district financial transparency website; Trustee Jensen asked questions about tax-collection trends.
Anne Westbrooks, chief financial officer for Spring Independent School District, told trustees on Oct. 8 that the district maintained an A rating on the School FIRST financial accountability report for the 2022–23 fiscal year.
"It is my honor to announce that for the '22–'23 fiscal year, Spring ISD has maintained our rating of an A," Westbrooks said, explaining the report assesses 21 indicators of financial management and that failure of the first four indicators results in an automatic failure.
Westbrooks walked the board through required disclosures included in the report appendix: a copy of the superintendent's current employment contract (inclusive of updates), reimbursements received by the superintendent or board members for official travel, outside compensation disclosures (none), gifts received by board or superintendent (none), and any business transactions between board members and the district (none). She said the report would be made available to the public on the district's financial transparency website this week.
Trustee Deborah Jensen questioned a disclosure on page 35 (indicator 20) and raised broader questions about tax-collection rates and administrative cost trends over several years. Westbrooks affirmed the district's commitment to transparency and said the materials would be posted so the community could review them.
No members of the public spoke at the hearing on the School FIRST report.
What’s next: The School FIRST report will be posted online; trustees did not take further action at the meeting beyond the public hearing and Q&A.
