BY ADAM DOE
GCISD receives ‘superior’ nancial accountability rating from state
done well,” Johnson said. The details
The Texas Education Agency awarded a nancial account- ability rating of “superior” to Grapevine-Colleyville ISD for the 2023-24 school year, according to a report from Chief Financial O cer David Johnson at an Oct. 27 board meeting. In a nutshell The TEA’s Financial Account- ability Rating System of Texas rates school districts on several nancial factors, adding up to a maximum score of 100. GCISD scored a 94, earning a “superior” rating—the highest in the system. “The district was in good nancial shape in 23-24, we’re in good nancial shape today. We’re facing some challenges. That said, the board and the district has
GCISD lost four points in the solvency category due to a $34 million recapture payment, which added to the district’s nancial liabilities, Johnson said. The district lost two more points in the same category for spending 2.4% more on adminis- trative costs than the state thresh- old. Johnson noted that while the district is above the threshold, it had decreased since the previous year, from 8.94% to 8.76%. GCISD did not lose points any- where else in the rating, gaining all points in other categories such as debt payment, nancial reporting and compliance, per Johnson’s report.
Financial accountability scores near GCISD GCISD has scored over a 90 for the last 23 years, earning a “superior” rating. Nearby school districts also scored in line with GCISD.
94
GCISD Carroll ISD Coppell ISD Irving ISD
92
96
100
0
25
50
75
100
SOURCE: TEXAS EDUCATION AGENCY COMMUNITY IMPACT
TWU to o er automatic admission
school graduates and cover all admissions costs, per district documents. TWU will also o er merit scholarships to students in the top 30% with an unweighted GPA of 3.5. TWU’s rst scholarship awards will be available fall 2025, and the automatic admission partnership will be in e ect until 2035.
Texas Woman’s University joined Carroll ISD’s Distinguished High School Partnership Program, which grants automatic admission for the district’s high school grad- uates that meet certain criteria. What you need to know TWU will o er automatic admission to the top 30% of high
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GRAPEVINE COLLEYVILLE SOUTHLAKE EDITION
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