November 28, 2023
SISD officials have announced that the district has once again received an “A” for “Superior Achievement” under Texas’ School FIRST financial accountability rating system. The Superior
Achievement rating is the state’s highest financial rating for school districts, demonstrating the quality of Sunnyvale ISD’s financial management and reporting systems.
“This rating demonstrates our district’s fiduciary effectiveness,” Superintendent Matt Kimball said. “We appreciate our Business Office’s leadership in helping the district achieve this rating. We know that our taxpayers value fiscal responsibility in the district.”
This is the FIRST (Financial Accountability Rating System of Texas)'s 19th year. The system was developed by the Texas Education Agency in response to Senate Bill 875 of the 76th Texas Legislature in 1999 and amendments under House Bill 5, 83rd Texas Legislature, Regular Session in 2013. The primary goal of of the FIRST rating is to help district's achieve quality performance in the management of their financial resources, a goal made more significant due to the complexity of accounting associated with Texas’ school finance system.
The Texas Education Agency assigns one of four financial accountability ratings to Texas school districts, with the highest being “A” for “Superior Achievement,” followed by “B” for “Above-Standard Achievement,” “C” for “Standard Achievement” and “F” for “Substandard Achievement”.
SISD's Business Office is led by Chief Financial Officer Brenda McFalls.
NOTICE OF PUBLIC HEARING
Sunnyvale ISD will hold a public meeting at 6:30 P.M. on December 18, 2023, in the Board Room of the Sunnyvale ISD Administration Office, 417 E. Tripp Rd, Sunnyvale TX.
The purpose of this meeting is to discuss Sunnyvale ISD’s rating on the state’s financial accountability system.