Goose Creek CISD has achieved a remarkable milestone, receiving a superior rating for the 21st consecutive year in the School First Financial Integrity Rating System of Texas. This announcement was made during a public hearing held on December 9, 2024, where Miss Bridget Clark presented the district's financial management report.
The School First system, established by the Texas legislature in 1996, serves as an accountability framework that evaluates the financial management of school districts. It is designed to provide an early warning for districts that may be facing financial distress. The rating system operates on a grading scale, with Goose Creek CISD scoring an impressive 96 out of 100, reflecting its strong financial health.
During her presentation, Miss Clark highlighted that the district received maximum points on 17 out of 19 indicators, with only two indicators falling short of a perfect score. The critical indicators that must be met to avoid an automatic failure include timely financial reporting and compliance with debt payment deadlines. Goose Creek CISD successfully met these requirements, showcasing its commitment to fiscal responsibility.
The report also noted that the district's score increased from 94 to 96, primarily due to rising property values. This positive trend indicates a strengthening financial position, which is crucial for long-term planning and stability. Miss Clark emphasized that the superior rating is a collective achievement, reflecting the efforts of the entire district team.
In addition to the financial rating, the meeting provided an opportunity for audience members to ask questions about the financial integrity system. The district's use of the Public Education Information Management System (PIMS) was also clarified, explaining its role in managing student and financial data across Texas.
As Goose Creek CISD continues to uphold its high standards of financial management, the community can look forward to the positive implications of this rating, which supports ongoing educational initiatives and resource allocation. The district's commitment to transparency and accountability remains a priority as it navigates future financial landscapes.