The final Commissioner’s Rule for the Financial Accountability Rating System was announced by the Texas Education Agency on July 29, 2015. As a result of comments submitted by interested stakeholders, various amendments to the proposed Rule are reflected in the final Commissioner’s Rule. The new system consolidates indicators for financial management performance and financial solvency. Implementation of the new financial rating system is being phased in over a three-year period with separate worksheets for rating years 2014-2015, 2015-2016, and 2016-2017 and subsequent years. The new proposed financial ratings will be assigned as letter grades.
To view the worksheets per rating year for school districts and open-enrollment charter schools, click on the links below by rating year.
School Districts - School FIRST - Rating Worksheet
Financial accountability rating indicators for rating year 2014-2015, based on fiscal year 2014 financial data
http://www.tea.state.tx.us/WorkArea/DownloadAsset.aspx?id=25769822277
Financial accountability rating indicators for rating year 2015-2016, based on fiscal year 2015 financial data
http://www.tea.state.tx.us/WorkArea/DownloadAsset.aspx?id=25769822278
Financial accountability rating indicators for rating year 2016-2017, based on fiscal year 2016 financial data (and for later years)
http://www.tea.state.tx.us/WorkArea/DownloadAsset.aspx?id=25769822279
Open Enrollment Charter Schools - Charter FIRST - Rating Worksheet
Financial accountability rating indicators for rating year 2014-2015, based on fiscal year 2014 financial data
http://www.tea.state.tx.us/WorkArea/DownloadAsset.aspx?id=25769822280
Financial accountability rating indicators for rating year 2015-2016, based on fiscal year 2015 financial data
http://www.tea.state.tx.us/WorkArea/DownloadAsset.aspx?id=25769822281
Financial accountability rating indicators for rating year 2016-2017, based on fiscal year 2016 financial data (and for later years)
http://www.tea.state.tx.us/WorkArea/DownloadAsset.aspx?id=25769822282
To access the proposed new 19 TAC §109.1001, Financial Accountability Ratings, click on the link below.
http://tea.texas.gov/WorkArea/linkit.aspx?LinkIdentifier=id&ItemID=25769822284&libID=25769822383