COVE ISD GETS SUPERIOR FINANCIAL RATING
Special to MyKNCT.com
COPPERAS COVE, TX (January 4, 2021)—The legislative-mandated financial accountability ratings have been released and Cove ISD received the Texas Education Agency’s highest rating of Superior.
The Financial Integrity Rating System of Texas ratings are based on 15 established financial indicators including operating expenditures for instruction, tax collection rates, student-teacher ratios, and long-term debt.
Over 1,200 school districts and charter schools are rated. Schools receive one of four ratings, Superior, Above Standard, Standard, and Substandard.
Superintendent Joe Burns said Copperas Cove is very proud to earn the highest possible FIRST rating again.
“This achievement reflects the exceptional job our business department, board of trustees and employees do in making sure local taxpayer dollars, state funds and federal dollars are not only judiciously spent, but very well managed. This prestigious honor becomes more challenging each year as operational funds continue to shrink and investment opportunities become more limited,” he said. “With that said, I want to once again recognize the outstanding efforts of the staff who serve in the CCISD Business Office, the oversight of the school board and our employees who continually demonstrate a willingness to stretch every dollar as far as possible to make sure our students have the best opportunities to succeed.”
The Texas Legislature created FIRST in 2001 to encourage public schools to better manage their financial resources. All school districts and charters are required to report information and financial accountability ratings to parents and taxpayers, said June Crawford, chief financial officer.
“We are very pleased with Copperas Cove ISD’s School FIRST rating,” Crawford said. “This was our 17th year to receive the highest possible rating of Superior. Credit goes out to all involved in the management of district funds including all district staff in conjunction with the board of trustees.”
Cove ISD’s financial reports are available at http://www.ccisd.com. To review FIRST ratings for all districts and charters, go to
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