Bonham ISD Earns State’s Highest Fiscal Accountability Rating

Posted Date: 11/08/2021

Bonham ISD Earns State’s Highest Fiscal Accountability Rating

Bonham ISD: Bonham Independent School District officials announced that the district
received a rating of “A” for “Superior Achievement” under Texas’ Schools FIRST financial
accountability rating system. The Superior Achievement rating is the state’s highest,
demonstrating the quality of Bonham ISD’s financial management and reporting system.

This is the 18th year of Schools FIRST (Financial Accountability Rating System of Texas), a
financial accountability system for Texas school districts developed by the Texas Education
Agency in response to Senate Bill 875 of the 76th Texas Legislature in 1999 and amendments
under House Bill 5, 83rd Texas Legislature, Regular Session, 2013. The primary goal of Schools
FIRST is to achieve quality performance in the management of school districts’ financial
resources, a goal made more significant due to the complexity of accounting associated with the
Texas school finance system.

“We are very pleased with Bonham ISD’s Schools FIRST rating,” said Bonham ISD
Superintendent Kelly Trompler, “as it shows that our district is making the most of our taxpayers’
dollars. The rating shows that Bonham’s schools are accountable not only for student learning but
also for achieving these results cost-effectively and efficiently.”

The Texas Education Agency assigned one of four financial ratings to Texas school districts, with
the highest being “A” for “Superior Achievement,” followed by “B” for “Above Standard
Achievement,” “C” for “Standard Achievement” and “F” for “Substandard Achievement”.
Districts with serious data quality problems may receive the additional rating of “Suspended-Data
Quality.” Bonham ISD has achieved the highest rating for 18 years.