FOR IMMEDIATE RELEASE
Stafford MSD Announces Best Fiscal Accountability Rating Again
October 29, 2020 -- STAFFORD, Texas – Stafford Municipal School District officials announced that the
district received a rating of “A” for “Superior Achievement” under the Financial Integrity Rating System of
Texas (FIRST). The “Superior Achievement” is the state’s highest rating, demonstrating the quality of
Stafford MSD’s financial management and reporting system.
This is the 17th year of Texas’ Schools FIRST, a financial accountability system for Texas school districts
developed by the Texas Education Agency in response to Senate Bill 875 of the 76th Texas Legislature
in 1999 and amendments under House Bill 5, 83rd Texas Legislature, Regular Session, 2013. The
primary goal of Schools FIRST is to achieve quality performance in the management of school districts’
financial resources, a goal made more significant due to the complexity of accounting associated with the
Texas’ school finance system.
“We are pleased with SMSD’s Schools FIRST rating because it shows that our district is making the most
of our taxpayers’ dollars. This rating shows that we are accountable not only for student learning, but also
for achieving these results cost-effectively and efficiently,” said SMSD Superintendent of Schools Dr.
The Texas Education Agency assigned one of four financial accountability ratings to Texas school
districts, with the highest being “A” for “Superior Achievement,” followed by “B” for “Above-Standard
Achievement,” “C” for “Standard Achievement,” and “F” for “Substandard Achievement.” Stafford MSD
has earned a “Superior Achievement” rating every fiscal year since 2002-2003, according to TEA. There
was a change in grading by FIRST in fiscal years 2006-2007 and 2014-2015, and SMSD still maintained
the highest possible rating.