Waller ISD Earns State’s Highest Fiscal Accountability Rating

Waller Independent School District officials announced that the school district received a “Superior Achievement” rating under the state’s Schools FIRST financial accountability rating system.  This is the seventh year of Schools FIRST (Financial Integrity Rating System of Texas), a financial accountability system for Texas School Districts developed by the Texas Education Agency in response to Senate Bill 875 of the 76^th Texas Legislature in 1999. FIRST was established to evaluate the quality financial management and reporting by individual public school systems and charter schools. The “Superior Achievement” rating is the state’s highest, demonstrating the highest rating of Waller ISD’s financial management and reporting system.

The primary goal of Schools FIRST is to achieve quality performance in the management of school districts’ financial resources, a goal made more significant due to the complexity of accounting associated with Texas’ school finance system.  “We are very pleased with Waller ISD’s Schools FIRST rating”, said Richard McReavy, Waller ISD’s Superintendent.   “This rating demonstrates that Waller ISD’s schools accountability ratings are at their highest, in both financial and in academic achievement.  We had our best academic achievement year in 2008-2009, and we were able to achieve those results using efficient cost-effective methods. I appreciate the excellent work of the Waller ISD Asst. Superintendent for Business and Finance and the Business Office staff.”

The Schools FIRST accountability ratings system assigns one of the four financial accountability ratings to Texas school districts, with the highest being “Superior Achievement” followed by “Above-Standard Achievement,” “Standard Achievement” and “Substandard Achievement”.