School districts receive A grade for fiscal responsibility

The Dripping Springs, Wimberley and Hays school districts received top grades in their FIRST rating from the Texas Education Agency, a system which has been used for the past 17 years to measure the quality of school districts’ financial management and reporting.

The report ensures that Texas public schools are held accountable for the quality of their financial management practices and that they improve those practices. 

The rating is based on 15 indicators that include results of the annual external audit, debt management, fund balance and administrative cost ratio, among other financial indicators.