Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Crosby ISD earns A, scores 96 on TEA ‘Schools FIRST’ financial rating
Summary
CFO Robert Smith told the board Crosby Independent School District received an A (96) on the Texas Education Agency’s Schools FIRST rating for fiscal 2023–24, citing an unmodified audit opinion, timely statutory payments and 175.5 days cash-on-hand. The district reported incremental improvements on multiple debt and solvency indicators.
Crosby Independent School District’s finance team told the board it earned an A — a score of 96 — on the Texas Education Agency’s Schools FIRST (Financial Integrity Rating System of Texas) for the 2023–24 fiscal year. The rating, presented by CFO Robert Smith, reflects the district’s financial controls, solvency measures and compliance status as of June 30, 2024.
Smith said Crosby received an unmodified opinion on its annual financial report and met critical indicators required to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
