The College Station school district received a superior rating in the annual Financial Integrity Rating System of Texas (FIRST).
The number score to accompany the A rating came out to a 98 out of a possible 100 points, with the data based on the 2017-2018 fiscal year.
The purpose of FIRST is to ensure districts are held accountable for their financial management practices, College Station Chief Financial Officer Mike Martindale said.
The score is based on 15 indicators. Five are considered critical, meaning a failure in any of those five would result in an automatic failure.
On the five critical indicators, College Station received the maximum 10 points on four and received eight points on the indicator that measures the district’s assets-to-liabilities ratio sufficient to cover short-term debt.
College Station had a ratio of 2.8594, which fell into the eight-point range. A ratio of 3.00 or greater would have given the district the maximum 10 points.