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Dripping Springs ISD earns highest rating on financial report

DRIPPING SPRINGS — Dripping Springs ISD earned the highest rating of “A: Superior Achievement,” and a numerical score of 98, on the Texas Financial Integrity Rating System of Texas (FIRST) report for the 2023-24 rating year.

During its Oct. 28 meeting, the DSISD Board of Trustees listened to a presentation on the report from director of finance Joseph Riggs, as well as held a public hearing on the item.

According to Riggs, the FIRST does the following: measures the quality of a school district’s financial management and reporting; holds school districts accountable for the quality of their financial management practices; and is designed to encourage Texas public schools to better manage their financial resources to provide the maximum allocation possible for direct instructional purposes. It is also a tool that creates transparency and discloses the quality of local management and decisionmaking processes that the school district uses concerning the financial resources the district receives.

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