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F inancial

School F I R S T. F inancial. I ntegrity. R ating. S ystem of. T exas. Spring Branch ISD. PUBLIC HEARING School FIRST 2010 Rating. Based on FY 2009 Data. School FIRST. Created by 77 th Legislature in 2001.

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F inancial

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  1. School F I R S T Financial Integrity Rating System of Texas Spring Branch ISD

  2. PUBLIC HEARINGSchool FIRST2010 Rating Based on FY 2009 Data

  3. School FIRST • Created by 77th Legislature in 2001 • Goal – quality performance in the management of school districts’ financial resources • 22 financial indicators used to rate district’s compliance with financial standards and benchmarks

  4. School FIRST Rating systemSuperior Achievement 72–80 and Yes to indicator 7 Above Standard Achievement 64–71 or >= 72 and No to indicator 7 Standard Achievement 56–63 Substandard Achievement < 56 or No to one default indicator

  5. Rating for Spring Branch ISD • Highest Rating – Superior Achievement • For 8 consecutive years

  6. Financial Integrity Rating System of Texas 2008-2009 District Status Detail

  7. Indicators • 5. Was there an Unqualified Opinion in the Annual Financial Report? • 2008 Yes Passed • 2009 Yes Passed • 6. Did the Annual Financial Report not disclose any instance(s) of material weaknesses in internal controls? • 2008 Yes Passed • 2009 Yes Passed

  8. Indicators • 8. Was the three-year average percent of total tax collections (including delinquent) greater than 98%? • 2008 99.53% 5 • 2009 99.53% 5

  9. Indicators • 16. Was the administrative cost ratio less than the threshold ratio? Standard .1105 • 2008 .0465 5 • 2009 .05 5 • 17. Was the ratio of students to teachers within the ranges shown below according to district size? Standard Lower Limit 13.5 Standard Upper Limit 22 • 2008 13.5<13.927<22 5 • 2009 13.5<14.059<22 5

  10. Indicators • 18. Was the ratio of students to total staff within the ranges shown below according to district size? Standard Lower Limit 7.0 Standard Upper Limit 14 • 2008 7.0<7.0804<14 5 • 2009 7.0<7.0547<14 5

  11. Superintendent’s Current Contract • The Superintendent’s contract has been posted on the district website at www.springbranchisd.com • The contract will remain posted for the next twelve months

  12. Total Reimbursements Received by theSuperintendent and Board MembersFor Fiscal Year 2009

  13. Outside Compensation and/or FeesReceived by the SuperintendentFor Professional Consulting and/or Other Personal ServicesFor Fiscal Year 2009

  14. Gifts Received by Executive Officer(s) and Board Members(and First Degree Relatives, if any) in Fiscal Year 2009(Gifts that had an economic value of $250 or more in the aggregate)

  15. Business TransactionsBetween SBISD and Board MembersFiscal Year 2009

  16. PUBLIC HEARINGSchool FIRST2010 Rating Spring Branch ISD

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