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Kenedy schools earn top financial rating
by Joe Baker
Jul 19, 2012 | 730 views | 0 0 comments | 8 8 recommendations | email to a friend | print
KENEDY – Kenedy school district officials announced some good news for trustees gathered for the July 16 school board meeting.

Superintendent Brad Lane reported that the Kenedy school district, during the 2008-2010 rating period, had received a very unfavorable rating of “substandard achievement” as reported in the Financial Integrity Rating System of Texas (FIRST) but during this most recent rating period, the school district had improved to earn a rating of “superior achievement” – the highest rating possible.

The purpose of the financial accountability rating system is to ensure that school districts and open-enrollment charter schools are held accountable for the quality of their financial management practices and achieve improved performance in the management of their financial resources.

The system is designed to encourage Texas public schools to manage their financial resources better in order to provide the maximum allocation possible for direct instructional purposes. The system will also disclose the quality of local management and decision-making processes that impact the allocation of financial resources in Texas public schools.

In a letter dated March 7, 2012 on the school district’s web site, the public was notified that the school district had an accreditation status of “Accredited-Warned” which meant the district had deficiencies that must be addressed or risk losing its accreditation status.

A “Not Accredited-Revoked” status would mean that the TEA no longer recognizes the district as a Texas public school.

The letter said the district had taken steps to address the areas of deficiency, such as hiring a new business manager and new superintendent. The letter said the school district has worked diligently to correct errors in procedures and also provide a more professionally operated business office.

The letter continued to say that Kenedy ISD contracted services with the education service center at Region III to help manage the payroll, accounts payable and bank account reconciliation.
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