TEXARKANA, Texas — Liberty-Eylau Unbiased Faculty District’s Board of Trustees final week heard from the chief financial officer concerning the district’s financial accountability ranking from the state.
Auttumn Crawford stated the district is assessed on 21 required variables and defined every variable’s outcomes.
“They (Texas Training Company) developed this as a approach to present the communities how properly the financial elements at college districts have been doing,” Crawford stated. “The ranking system is to successfully be capable to assess the standard of financial administration within the Texas public faculties, measure and report on the extent of our audits, implement a ranking system that pretty and equitably evaluates the standard of the financial administration choices, enhance the administration of the varsity district’s financial sources and enhance the financial accountability.”
Crawford stated the district acquired a C rating of 78, which is a drop from final 12 months’s FIRST rating of 88 (B). Scores between 70-79 are categorized as Meets Customary Achievement, whereas 80-89 are categorized as Above Customary Achievement.
“Did the varsity district’s common funds income equal or exceed the expenditures better than or equal to 60 days? That’s the requirement of the state is to have at the least 60 days of common income in our fund steadiness,” Crawford stated. “We didn’t, so we acquired zero factors from that.”
Crawford went on to say the district acquired a clear audit from an exterior auditor and that the audit was free from any cases of fabric weak point and that every one financial supplies have been posted as legally required and in a well timed method.
“It’s due to our fund steadiness being so low is why we acquired a C,” Crawford stated. “As soon as we begin getting our fund steadiness up, this quantity will go up as properly.”
In different information, the district acknowledged center college custodian Letorius Drake as worker of the month. Seventh-grader Bayleigh Brown was counseled for her generosity, as she saved her allowance so one other fellow scholar may take part in Store with a Cop.
