Photo by Kayla Nguyen and courtesy of the CHS Sidekick Student Newspaper.
Coppell ISD has earned the highest financial rating possible for its 2021-2022 financial accountability in preliminary findings from the Texas Education Agency (TEA). In its findings, the TEA announced CISD had received both an “A” Superior Achievement Rating and a “94” Score in the School Financial Integrity Rating System of Texas (FIRST) ratings. The district has received a “Superior” rating since 2002.
FIRST ratings are announced by the TEA from findings for the past fiscal year. CISD is currently in the fiscal year 2022-2023, with the fiscal year 2023-2024 to begin on Sept. 1, 2023.
According to CISD Chief Financial Officer Diana Sircar, the continued top FIRST ratings are due to the district’s finance and accounting team’s commitment to financial transparency and the following of stringent accounting standards to keep administrative costs low.
“Continuing to receive this top financial rating from the state shows our commitment to excellence in the stewardship of our taxpayers’ money and our ongoing commitment to financial transparency,” Sircar said. ”I am proud of our entire team for all of their hard work all year round to ensure that we in CISD remain in the best financial position possible to do what’s best for the children we educate and serve, as well as having the financial resources necessary to support our teachers and staff.”
The CISD FIRST ratings will be discussed at the district’s official FIRST Financial hearing to be held at the September or October Board Meeting. CISD budget and finance reports can be found on the CISD website at www.coppellisd.com/budget.