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West Rusk County Consolidated ISD scores B but flagged for cash‑on‑hand shortfall
Summary
The district earned an 84 (B) First Rating but business officials warned the district failed two financial indicators tied to cash‑on‑hand due to delayed state payments, limiting its ability to cover 60 days of expenditures.
Mindee Mata, Director of Business Services, told the board that "the district scored an 84, which is considered a B and equals Above Standard Achievement." She said the rating reflected academic and operational measures but also flagged cash‑flow weaknesses.
Mata reported the district scored 4 out of 10 on Indicator 7 (insufficient days of cash on hand to cover three months of operating expenditures) and 0 out of 10 on Indicator 9 (not enough cash on hand to cover 60 days of expenditures for the full year). She explained that the district did not receive TEA payments in the month when tax money arrived this year and that the district's final TEA payment comes in August even though the revenue is needed by May, constraining timing and liquidity. Superintendent Lawrence Coleman and the business office said they will continue to monitor cash‑flow timing and report back with any proposed adjustments to the general fund schedule.
The board did not take immediate corrective policy action during the meeting; the report was accepted as presented.
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