Posted Date: 08/24/2017
COPPERAS COVE, TX (August 23, 2017)— In a time of budget cuts and major reductions in impact aid to school districts across the country, Copperas Cove Independent School District begins the 2017-2018 school year with top marks from the state’s education agency.
CCISD passed the TEA’s financial accountability standards receiving the state’s highest rating and demonstrating the quality of the District’s financial management and reporting system, said CCISD Chief Financial Officer June Crawford.
“We are very pleased with Copperas Cove ISD’s School FIRST rating,” Graham said. “The CCISD Business Services Office staff is dedicated to providing the best financial responsibility and transparency with district funds to ensure a high quality education for all CCISD students while simultaneously providing for the needs of staff.”
The Financial Integrity Rating System of Texas ratings are based on 15 established financial indicators including operating expenditures for instruction, tax collection rates, student-teacher ratios, and long-term debt. More than 1,200 school districts and charter schools are rated. Schools receive one of four ratings, Superior, Above Standard, Standard, or Substandard, based on annual financial reports provided from the 2015-2016 school year. This is the fourteenth year that CCISD has received the highest possible rating. Approximately 83.4 percent of Texas school districts received a FIRST rating of Superior. Districts can also receive Suspended Data Quality or Undetermined if they fail to turn in annual reports by the deadline.
Superintendent Joe Burns said Copperas Cove is very proud to once again earn the highest possible FIRST rating.
“This achievement reflects the exceptional job our business department, Board of Trustees and employees do in making sure local tax payer dollars, state funds and federal dollars are not only judiciously spent, but very well managed. This prestigious honor becomes more challenging each year as operational funds continue to shrink and investment opportunities become more limited,” he said. “With that said, I want to once again recognize the outstanding efforts of the staff who serve in the CCISD Business Office, the oversight of the school board and our employees who continually demonstrate a willingness to stretch every dollar as far as possible to make sure our students have the best opportunities to succeed.”
Developed by TEA in response to legislation passed in 1999, the Financial Integrity Rating System of Texas was designed to encourage Texas public schools to manage their financial resources better in order to provide the maximum allocation possible for direct instructional purposes. The system also discloses the quality of local management and decision-making processes that impact the allocation of financial resources in Texas public schools. Additionally, TEA takes into consideration the District’s FIRST rating when assigning as accreditation status. To review the final 2014-2015 FIRST ratings, visit the TEA website at http://tea.texas.gov/index4.aspx?id=3864.
Copperas Cove ISD has a public hearing to review its budget for the new 2017-2018 school year on Tuesday, Aug. 29 at 6:30 p.m. at the CCISD Central Office, 703 W. Ave. D.