Hood County schools receive top financial integrity ratings from TEA

Preliminary ratings have been released and Hood County school districts received top ratings for financial accountability for the previous school year. Granbury, Lipan and Tolar school districts each received an “A” rating from the Texas Education Agency with all three school districts receiving a perfect or nearly perfect score.

Established in 2001 by the 77th Texas Legislature, the school Financial Integrity Rating System of Texas ensures that Texas public schools are held accountable for the quality of their financial management practices, according to the TEA website.

The system is designed to encourage Texas public schools to better manage their financial resources to provide maximum allocation possible for direct instructional purposes.

This is Granbury ISD’s seventh year to receive a perfect score. Tolar is repeating a perfect score, and Lipan is up from a score of 98%, with all three districts consistently exhibiting financial integrity with the highest scores achievable. All these scores are considered a superior achievement for exemplifying high-quality financial management practices.

To review the ratings for all school systems visit the TEA School FIRST webpage for school districts.