By Richard Zowie
The Highlander
The Texas Education Agency released its preliminary 2016-2017 financial accountability ratings, and Marble Falls Independent School District scored an A.
Created in 2001, the school Financial Integrity Rating System of Texas (FIRST) encourages public schools to improve how they manage their finances to allow for the best allocation for direct instructional purposes.
MFISD was among the 853 state-wide public school districts that received a superior rating.
One hundred and twenty-one schools received a B “above standard achievement,” while 43 received a C and “met standard.”
Five schools received F grades for “substandard achievement.”
“We also received clean audits form our external auditor as well,” said Dr. Chris Allen, MFISD superintendent.
In the 2017-2018 budget, the district adopted a balanced budget with no projected surplus.
