The Cedar Hill Independent School District earned an ‘A’ rating from the Texas Education Agency (TEA) in Financial Integrity.
“This effort took a lot of dedication in terms of systems and implementations,” CHISD Chief Financial Officer Carla Settle said. “We are especially proud of it.”
The rating was based on the 2020-2021 academic school year.
The Financial Integrity rating factors in the ratio of current assets/current liabilities, the ratio of long term liabilities/total assets, strategic planning and cash flow among other factors.
“Our school board has had a long standing philosophy to keep debt to a minimum, and that has been very helpful,” Settle said.
The 11-member CHISD Business Office plans to be proactive. They encourage other departments in the district to plan ahead, so the district can continue to be financially sound.
“We have the systems and culture in place, and this is one of the best teams I’ve worked with in my career,” Settle said.