Victoria ISD is proud to announce two prestigious accolades underscoring its commitment to fiscal excellence and transparency. The district has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) and has also earned the highest fiscal accountability rating, “A - Superior Achievement,” from the Texas Education Agency.
Excellence in Financial Reporting
The GFOA has recognized VISD with the Certificate of Achievement for Excellence in Financial Reporting for its annual comprehensive financial report for the fiscal year ended August 31, 2023. This recognition, the highest form of acknowledgment in governmental accounting and financial reporting, is a testament to VISD's adherence to the highest standards of transparency and full disclosure. An impartial panel judged the district's financial report as meeting stringent criteria designed to encourage and motivate thorough financial communication and understanding among stakeholders.
Top Marks in Fiscal Accountability
Simultaneously, VISD has achieved the “Superior Achievement” rating under Texas’ School Financial Integrity Rating System of Texas (FIRST). This top rating from the Texas Education Agency affirms the district’s exemplary financial management practices aimed at maximizing the use of taxpayer dollars for educational purposes. “Receiving the 'Superior Achievement' rating validates our efforts to ensure that every dollar is spent effectively within our schools,” commented Michelle Yates, Chief Financial Officer of VISD.
These dual honors highlight Victoria Independent School District's dedication to fiscal responsibility and its commitment to serving the community’s educational needs with integrity and accountability.