Donna ISD’s Business Office Receives Superior Rating
Donna ISD Superintendent Dr. Hafedh Azaiez with Business Office staff.
The Donna Independent School District's Business Office has once again received the state’s highest mark by the Texas Education Agency (TEA) for the way it managed, distributed and reported its financial resources for the fiscal year 2019-2020.
TEA recently released its preliminary financial accountability ratings for more than 1,100 school districts and charter schools across the state. Not only did Donna ISD receive an “A” or “Superior” rating, but a perfect score of “100.”
State law requires school districts and charters to submit annual financial reports to TEA. The reports are then reviewed and rated under the School Financial Integrity Rating System of Texas (FIRST). The ratings are calculated using 15 financial indicators such as administrative cost expenditures, the accuracy of a district’s or charter’s financial information, and any financial vulnerabilities or material weaknesses in internal controls. Based on the data, a school district or charter is assigned one of four possible letter grades (A, B, C or F) as well as a coinciding financial management rating (Superior, Above Standard Achievement, Meets Standard or Substandard Achievement).
The system is designed to encourage public schools and charters to better manage their financial resources to provide the maximum allocation possible for direct instructional purposes.
Donna ISD Superintendent Dr. Hafedh Azaiez said the superior rating speaks volumes about the district’s commitment to effectively and efficiently manage its financial resources. Dr. Azaiez said support from the school board was instrumental in attaining this distinguished honor.
“In order to receive a superior rating, a district must receive a score ranging from 90-100 and our district received a 100,” Dr. Azaiez said. “By operating an effective Business Office, we are ensuring that the appropriate funding is directed toward instruction that helps promote student advancement and benefits staff and schools across our district. I applaud and commend our Assistant Superintendent of Business and Finance Ms. Ludivina Cansino and her staff for this excellent accomplishment.”
This marks the second consecutive year the Business Office has received a perfect score under Cansino’s leadership. Last year, the department earned another “Superior” rating after it was given an “F” in the 2017-2018 fiscal year.
“I am proud of my staff and all the hard work they have put in over the past couple of years," Cansino said. “We are a unified group and are all here for the same purpose which is to provide an excellent financial foundation and keep Donna ISD moving forward.”
Donna ISD’s preliminary rating becomes final in November.