GLEN ROSE — Glen Rose ISD received the highest rating possible from the Texas Education Agency when the annual Financial Integrity Rating System of Texas report was released last month.
“It’s our expectation to always get the highest rating possible, and it is something we take a lot of pride in with the financial management of our district and keeping it in line with enrollment and enrollment trends,” Glen Rose ISD superintendent Wayne Rotan said.
The FIRST system is designed to assist and encourage public schools to more effectively manage their resources and provide the highest possible allocation for direct instructional purposes.
“We are in great financial condition at this point. You’re always one legislative decision away from that changing. We have a very strong fund balance, and I think we’re in great shape,” Rotan said. “Our finance department does a good job of keeping up what the day-to-day expenditures of the district.”
The 2018 FIRST report rating, which was presented to the school board last month, is based on the district’s financial data for the fiscal year 2017. Since the report first began in 2003, GRISD has received the highest rating possible except for the report released in 2017.
“We made the second-highest score out of no fault of our own,” Rotan said. “We didn’t collect a high enough percentage of our taxes.”
In early November, Rotan said the school district had a total enrollment of 1,853 students and 537 at the high school. He said during the first six weeks, the average daily attendance, which directly affects school funding, was 98.1 percent and the second six weeks, it was 96.8 percent.