The city’s school district continues to shine in financial excellence, earning top marks in the state’s latest financial accountability assessment.
Elgin Independent School District achieved an “A” rating for the 2023-24 School Financial Integrity Rating System of Texas assessment. The district received a score of 92, surpassing the 70-point threshold needed to pass.
“Elgin ISD has received the highest possible rating each year since the School FIRST ratings first came about
the highest possible rating each year since the School FIRST ratings first came about,” said Jeffri Orosco, the district’s chief financial officer. “It takes a dedicated team to ensure financial transparency, and this is a priority under our Elgin District Scorecard.”
The Superior Achievement in the Texas Education Agency’s FIRST ratings, which range from Superior Achievement to Substandard Achievement, are based on an analysis of financial data from the 2022--23 fiscal year.
The agency designed this system to ensure public schools are held accountable for their financial management practices and to encourage districts to improve how they manage resources. Ultimately, it encourages funds to be used as effectively as possible for teaching and learning.
This announcement, made Aug. 29, highlights the continued excellence in financial management within Elgin ISD, reinforcing the district’s commitment to transparency and effective resource management, according to representatives.