Alamo Heights ISD earns "Superior Achievement" School First rating; board approves 2024-25 audit
Summary
District staff told the board the district received a School First score of 94/100 and reviewed indicators tied to long-term liabilities and assets; the board then approved the 2024-25 fiscal audit in a voice vote.
The Alamo Heights ISD board on Wednesday heard that the district earned a "Superior Achievement" School First rating, with a score of 94 out of 100, and subsequently approved the district's fiscal-year 2024-25 audit.
"We have a superior achievement ... The score is, 94 out of a 100," the district finance presenter said while describing the Texas Education Agency's School First indicators and their calculation. The presenter walked the board through indicator breakdowns and said deductions that reduced the score stemmed mainly from the long-term liabilities-to-assets indicator (indicator 11), for which the district received 4 out of 10 points (Matt / Speaker 10).
The presenter described the relevant figures for the audited period ending Aug. 31, 2024: long-term liabilities were "a little bit above $200,000,000" and total assets were "just shy of $250,000,000," and then showed projected indicator improvement using the most recent audited numbers for 2024-25.
During the required School First disclosures, staff said there were no reported outside compensation or gifts over the $250 reporting threshold for the period, but that one business transaction appeared between the district and a roofing company connected to a former board member (Speaker 10). The presenter said the superintendent's employment contract and the full School First results are posted on the district website.
Following the financial presentation, the board received the audit for fiscal year 2024-25 and a motion to approve the audit was made and seconded. The board indicated approval by voice.
Why it matters: School First ratings and the annual audit are used by the state to monitor fiscal health. The long-term liabilities indicator affects the district's score and can guide future financial planning and bond decisions.
Ending: The board approved the audit and will post audit materials and School First disclosures to the district website as required by state rules.

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