Round Rock ISD earned a Superior Rating on the Financial Integrity Rating System of Texas (FIRST) for the 2022-2023 school year. The FIRST results were announced by the state in early August.
The District’s finance team has won the state’s highest possible rating of A, or Superior, for 19 of the past 20 years.
“Year after year, Round Rock ISD’s finance team proves they are among the best,” Superintendent Dr. Hafedh Azaiez said. “Earning an exemplary reputation across the state and nation for strong fiscal management is a testament to the talent of our experienced and dedicated team. It’s a point of pride to see our staff get continued recognition for their hard work, especially after going above and beyond for our students and staff.”
The FIRST rating system takes into consideration District scores on 15 indicators. Assessment areas include audit and governance disclosures; cash and investments; tax collections; fund balance; debt management; administrative costs; capital projects; and staff levels.
Round Rock ISD has a long-standing reputation for superior financial performance. In addition to a Superior Rating on FIRST, Round Rock ISD also has maintained a AAA rating from Moody’s for the past 13 years. And earlier this summer, the Government Finance Officers Association of the United States and Canada (GFOA) awarded the District the Certificate of Achievement for Excellence in Financial Reporting. The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, according to the GFOA.
