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Wednesday, November 27, 2024 at 6:22 PM
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TEA releases final financial accountability ratings

TEA releases final financial accountability ratings

The Texas Education Agency has released its final 2023-24 financial accountability ratings, which show 83% of Texas public schools earned an “A” rating, reflecting “a continued commitment to effective financial management practices so that they can best serve students,” a news release stated.

The ratings are based on annual financial reports submitted by school districts to TEA, with districts getting a letter grade for financial accountability and management. A dozen public school districts and 10 charter schools were rated substandard and given an “F.”

Those districts were Culberson County-Allamoore, Fannindel, Karnes City, Shepherd, Denver City, Tioga, Matagorda, Overton, Hitchcock, Sunray, Dew and Wylie.

Charter schools receiving failing grades for financial accountability were Bexar County Academy, Prelude Preparatory Charter School, Academy of Dallas, Gateway Charter Academy, Education Center International Academy, Texas Preparatory School Westlake Academy Charter School, Rocketship Public Schools, Texas Empowerment Academy and Austin Discovery School.

Readers can look up how school districts in their area fared by going to tinyurl.com/3x8ddmab.

“...COMMITMENT TO EFFECTIVE FINANCIAL MANAGEMENT PRACTICES SO THAT THEY CAN BEST SERVE STUDENTS”

- NEWS RELEASE


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