LISD scores 100 for state financial integrity

LISD scores 100 on state financial integrity rating
Posted on 12/16/2019
District News Release

Date: December 16, 2019

LISD scores 100 on state financial integrity rating

LISD scores 100 on state financial integrity rating

Lockhart Independent School District earned the rating of “superior” by the Texas Education Agency (TEA) for financial integrity for the 17th year in a row, but this year, they earned a score of 100 while doing so.

The legislature authorized the Schools Financial Integrity Rating System of Texas (FIRST) to assess the quality of financial management in Texas public schools, measure and report the extent to which financial resources assure the maximum allocation possible for direct instructional purposes, to ensure a system that fairly and equitably evaluates the quality of financial management decisions, and to increase overall financial accountability within Texas’ public education system. 

Chief Financial Officer Tina Knudsen shared the news of LISD’s rating at the Board meeting Monday night. 

“Excellence in financial management has been a long-established standard and expectation in LISD,” said Superintendent of School Mark Estrada. “While many districts strive to achieve the superior rating, our finance department and business office have successfully achieved this rating for 18 consecutive years. By scoring a 100 this year, they have made LISD a standout in the region for school district financial management.”

The Schools FIRST reports for LISD and all school districts are available through the main website of the Texas Education Agency at http://www.tea.texas.gov/. Access the report under the “Reports and Data” tab and search for it under the “Financial Report” heading. 



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