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WESLACO ISD earns 'superior' FIRST rating, scores 98 of 100; bond debt cost two points
Summary
At a public hearing, district officials said WESLACO ISD earned a 'superior achievement' Financial Integrity Rating with 98 of 100 points, losing two points because the 2023 voter‑approved bond raised the district's debt‑to‑property‑value ratio above a scoring ceiling.
WESLACO ISD officials told the board and public on Aug. 26 that the district received a "superior achievement" rating under the Texas Financial Integrity Rating System (FIRST), earning 98 out of 100 possible points.
The district presentation said it met most indicators, including three consecutive years of unmodified ("clean") audit opinions, compliance with debt payment terms and no material…
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