The Texas Comptroller’s Office recently awarded the GOLD Leadership Circle Award to Katy ISD for the second consecutive year, recognizing the district’s transparency in financial reporting. Katy ISD scored a total of 18 out of 20 possible points on the 2011 ratings criteria. This award is valid for one year and will be added to the district’s listing on the Texas Transparency website.
The Leadership Circle Award spotlights cities, counties, school districts and other special districts across the state that: open their books to the public; provide clear, consistent pictures of spending; and share information in a user-friendly format that lets taxpayers easily access additional information.
The Comptroller’s Leadership Circle program started in 2009 and was renewed in January 2011 to include improved award criteria. The Leadership Circle is divided into three categories:
Gold – highlighting entities that are setting the bar with their transparency efforts;
Silver – encouraging entities who are making progress; and
Bronze – inspiring those entities that are just beginning their transparency efforts.
In addition to the GOLD Leadership Circle Award, Katy ISD was recently named one of only 23 districts in Texas to receive the maximum Five-Star rating under the Financial Allocation Study for Texas (FAST) for two consecutive years. The district also earned a rating of Superior Achievement on the Financial Integrity Rating System of Texas (FIRST) for the ninth year.
Please mention you found this on www.KatyMagazine.com.