Midlothian ISD has received a “Superior Achievement” on the Texas Schools FIRST financial accountability rating system for fiscal management of the district’s 2021-2022 fiscal year resources. The Superior Achievement rating is the state’s highest classification and MISD has earned this rating for the past 21 consecutive years.
The Schools FIRST accountability rating system assigns one of four financial accountability ratings to Texas school districts, with the highest being “Superior Achievement.” Midlothian ISD has received the highest rating since the inception of the FIRST rating. The superior rating strongly indicates the district’s careful planning and frugal management.
“The district, its trustees and the business and finance department staff are to be commended,” said Superintendent Dr. David Belding. “The designation demonstrates the quality of MISD’s financial management, and the diligent and prudent actions we continue to take in managing our resources.”
The rating system includes a number of measures and critical deadlines. The primary goal of School FIRST is to achieve quality performance in managing school districts’ financial resources, a goal made more significant due to the complexity of accounting associated with Texas’ school finance system.