District also Earned Gold Level in Comptroller’s Leadership Circle and Highest Ratings Among Texas Public Schools from Three Rating Agencies
Austin ISD continues to earn recognition for its commitment to financial accountability. For 2013, the district received a Superior Achievement rating and the highest possible score in all 20 indicators for the Financial Integrity Ratings from the Texas Education Agency.
The rating is based on financial data from the 2011-12 school year. The Financial Rating System, which was created in 2001 by the 77th Legislature, requires districts to submit financial data, which is used to rate the district according to defined indicators. The ratings are superior, above standard, standard, substandard and suspended: data quality.
AISD also earned the Gold level in the Comptroller’s Leadership Circle for the fourth year in a row. The district is one of a handful of Texas governmental entities that has achieved this level of consistent financial transparency.
The district also earned a debt rating of Aaa from Moody’s Investor’s Service, AA+ from Standard & Poor’s and AA+ from Fitch Ratings.
For information about AISD's finances, please visit www.austinisd.org/budget .