Roma ISD Scores Perfect 100 on F.I.R.S.T. Rating from TEA for Financial Practices
For the second consecutive year, Roma ISD has earned a rating of “Superior” with a letter grade of an “A” and perfect score of 100 from TEA for the district’s financial performance. The district has earned a Superior Rating every year, except one year, since the system’s roll out by TEA.
“We are extremely proud of our Business Office Team, which has very trustworthy and hardworking leadership,” said Roma ISD Superintendent Carlos Guzman. “They help us with planning for 5 and 10 years in the future, looking at spending trends, forecasting our investments and ensuring the district is on track to weather any storms in the economy and keep functioning in the most efficient way possible. A huge thank you to Alfonso Perez and Pedro Alaniz, as well as their fine team of professionals that do a tremendous job for Roma ISD.”
According to TEA, “the state's school financial accountability rating system, known as the School Financial Integrity Rating System of Texas (F.I.R.S.T.), ensures that Texas public schools are held accountable for the quality of their financial management practices and that they improve those practices. The system is designed to encourage Texas public schools to better manage their financial resources to provide the maximum allocation possible for direct instructional purposes.”
Under these guidelines, a larger percentage of the district’s annual funding must be directed toward instructional budget items – teacher salaries and instruction materials.
“We have been working hard to keep our budgets in line with the guidelines put forth by the state of Texas to ensure academic accountability stays as the priority for our district,” said Roma ISD Business Manager Alfonso Perez. “I want to thank our School Board and Superintendent Guzman for relying on our knowledge to make sound financial decisions for the district. Together, as a team, we are working to ensure the long-term financial stability of the district so that all our students can flourish and get the most from their education in The Gladiator Nation.”
The TEA F.I.R.S.T. ratings are based on 15 financial indicators, such as administrative cost expenditures; the accuracy of a district or charter’s financial information submitted to TEA; and any financial vulnerabilities or material weaknesses in internal controls as determined by an external auditor.
For more information visit: http://tea.texas.gov/Finance_and_Grants/Financial_Accountability/Financial_Integrity_Rating_System_of_Texas_(FIRST)/Financial_Integrity_Rating_System_of_Texas/.