Longview ISD earns perfect financial management score

Longview, TX — Longview ISD has earned the state’s “Superior Achievement” rating for its financial management practices, according to the Texas Education Agency.

The rating is the state’s highest and Longview ISD achieved it with a perfect score on 20 financial and academic indicators. Though the district has previously earned superior ratings, the 2012 score is the first perfect mark for Longview since 2004.

The purpose of the financial accountability rating system is to ensure that school districts are held accountable for the quality of their financial management practices and achieve improved performance in the management of their financial resources, according to the TEA. The system, enacted in 2003, is designed to encourage Texas public schools to manage their financial resources better in order to provide the maximum allocation possible for direct instructional purposes.

Longview ISD’s Board of Trustees will hold a public hearing on the 2012 FIRST rating at a future meeting.