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Huntsville ISD earns A (96 points) on state financial accountability rating
Summary
Huntsville Independent School District received 96 points and an A (superior achievement) on the Texas Financial Integrity Rating System of Texas (FIRST), with officials citing strong cash reserves, a growing fund balance and timely reporting; a minor point loss was tied to a pending TOPS online-student liability.
Huntsville Independent School District received 96 points — an A, or "superior achievement" — on the state’s Financial Integrity Rating System of Texas (FIRST), district staff told the board at a public hearing Thursday.
Paul Brown, the district’s presenter, said the FIRST rating is based on 21 indicators that measure the quality of financial management. He reported that Huntsville ISD met key items including a timely annual financial report with an unmodified opinion, timely payments to retirement…
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