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Roma ISD Earns Superior Rating from TEA for School Finance

Roma ISD has earned a rating of “Superior” with a letter grade of an “A” and a score of 98 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 very proud of the hard work of our Business Office to ensure we are compliant with all state laws,” said Roma ISD Superintendent Carlos Guzman. “Their work requires meticulous attention to detail, and constantly analyzing our budget. They do a terrific job and each member of the team is invaluable. Congratulations to Mr. Pedro Alaniz and his team!”
 
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 are very thankful for the dedication our Business Office Team puts into their jobs every day,” said Roma ISD Business Manager Pedro Alaniz. “These accolades would not be possible without their deep understanding of school finance, and applying their knowledge to their work. It is a privilege to lead this team of professionals.”
 
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.
 
Roma ISD Earns Superior Rating from TEA for School Finance