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Troy ISD Earns an A on State Financial Rating System


Posted Date: 11/10/2022

 

The Texas Education Agency recently announced the annual financial accountability ratings for more than 1,200 school districts across the state. Troy ISD has again earned an A rating from TEA, indicating superior achievement in the financial management of the district. The ratings are based on annual financial reports provided to TEA by the district for the 2021 fiscal year. The ratings are calculated using 20 financial indicators, such as administrative costs, the accuracy of a district’s financial information, and any financial vulnerabilities or weaknesses in internal controls as determined by an external auditor. Troy ISD is proud that careful management of taxpayer dollars has resulted in this top financial accountability rating from the State.