Mansfield ISD Magazine Fall 2020 - Page 22


Mansfield ISD has received national and statewide recognition for its commitment to financial integrity and clear reporting .

The Government Finance Officers Association of the United States and Canada ( GFOA ) awarded MISD with the Certificate of Achievement for Excellence in Financial Reporting . It is a distinction the district consistency receives .
The award was given for the district ’ s 2019 comprehensive annual financial report ( CAFR ). The report was judged by an impartial panel to meet the high standards of the program , which includes demonstrating financial transparency and clear communication .
GFOA ’ s mission is to advance excellence in public finance . With more than 20,000 members , the organization represents public finance officials throughout the United States and Canada .
The Certificate of Achievement for Excellence in Financial Reporting was established in 1945 to encourage and assist state and local governments to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure .
On the state level , Mansfield ISD has upheld excellence in financial accountability by earning the top grade in the School Financial Integrity Rating System of Texas ( FIRST ).
School FIRST was developed by the Texas Education Agency ( TEA ) to ensure public schools effectively manage their financial resources to provide the maximum allocation possible for direct instructional purposes .
MISD has earned a Superior or ‘ A ’ grade since the inception of the state ’ s financial accountability system , making it the 18th consecutive year the district has earned the top rating .
The FIRST ratings are calculated using 15 financial indicators , such as the accuracy of information , administrative cost expenditures , long-term solvency and any financial vulnerabilities or material weaknesses in internal controls as determined by an external auditor .
Mansfield ISD passed all 15 indicators measured .
Texas school districts and openenrollment charters are required to prepare an annual financial accountability report for School FIRST . Ratings released in 2020 were based on budgetary and financial data reported for the 2018-19 fiscal year .


Colors for Caring days are back for the 2020-21 school year .

On the first Monday of each month that school is in session , Mansfield ISD is encouraging the community to wear a color that represents a cancer that affected the life of a loved one .
The first Colors for Caring day of the school year was held Oct . 5 .
The remaining Colors for Caring Days for 2020-21 are :
• Monday , Nov . 9
• Monday , Dec . 7
• Monday , Jan . 11
• Monday , Feb . 1
• Monday , March 1
• Monday , April 12
• Monday , May 3
Share your Colors for Caring pictures with MISD on these days by emailing them to info @ misdmail . org or using the hashtag # ColorsforCaring on social media .
Yellow represents sarcoma or bone cancer .
We look forward to everyone ’ s participation !