DRIPPING SPRINGS, Texas – The Dripping Springs Independent School District has earned the highest rating of “Superior,” according to the recently released Texas FIRST (Financial Integrity Rating System of Texas) report. DSISD received a perfect score all 22 criteria that are considered in the rating determination.
The FIRST rating, which measures the quality of school districts’ financial management and reporting, is based on financial information from the 2010-11 fiscal year. Dripping Springs ISD has received a Superior Rating every year since the FIRST system’s inception. Criteria that are measured include: fund balance, tax collections, results of annual audit, staffing ratios and investment earnings.
“Dripping Springs ISD takes very seriously the responsible use of taxpayer dollars and accountability in all areas,” said Assistant Superintendent for Business Services Ricardo Vela. “We evaluate our performance continually using many tools, including the FIRST rating, and it is gratifying to see our success recognized.”
A public hearing on the report will be held beginning at 6:00 p.m. at the Board of Trustees meeting on Oct. 22, 2012.
EDITOR’S NOTE: Several people have contacted Around Dripping Springs since the spring of this year, to ask why Mr. Vela’s predecessor was quietly dismissed on a Tuesday in April (put on paid administrative leave through the end of the year and/or contract) from his long-held position of financial oversight?
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