Glen Rose Independent School District has been recognized as one of the top districts in Texas for managing its financial resources.

The district has received the highest ranking of “superior achievement” under the Schools Financial Integrity Rating System of Texas, or Schools FIRST. The rating assesses the quality of Glen Rose ISD’s financial management and reporting system.

“We are very pleased with Glen Rose ISD’s Schools FIRST rating as it shows that our district is making the most of our taxpayers’ dollars,” said Glen Rose ISD Superintendent Wayne Rotan said in a prepared statement.

“This rating shows that Glen Rose’s schools are accountable not only for student learning, but also for achieving these results cost-effectively and efficiently,” he added.

The GRISD plans to hold a public meeting at 6 p.m., Monday, Oct. 24, to discuss the rating. The meeting will be held in the board room at the district's Administration Building at 1102 Stadium Drive.

Schools FIRST is in its ninth year. The rating system was developed by the Texas Education Agency in response to a senate bill passed by the Texas Legislature in 1999. Its goal is to promote “quality performance” in how school districts manage financial resources.

That's especially significant due to the complexity of accounting associated with Texas’ school finance system, Schools FIRST said in its announcement.

The accountability rating system assigns four ratings to Texas school districts. The highest is superior achievement, followed by above-standard achievement, standard achievement and substandard achievement.

Districts with serious data quality problems may receive the additional rating of “suspended—data quality.” That rating and the substandard achievement rating mandate that the districts file a corrective action plan with the TEA.