Accounting

Annual Financial Reports

The Annual Financial Report, or "Annual Report," is the annual financial statement for North East Independent School District. The report is prepared to provide the Board of Trustees, taxpayers, bondholders, regulatory agencies, and District staff members with useful information about the District’s operations and financial position. The District’s financial statements are audited annually and the independent auditor’s report is included in the Annual Report. Not only does the Annual Report provide a snapshot of the District’s financial data for the prior year, the statistical section presents trend information over the past ten years that provides insight into how the District’s financial position has changed over time.

The Annual Report is available online for the past seven years. The table of contents is linked to the individual schedules for ease of use.

Check Registers

Budget Reports

Adopted Budgets

School FIRST

The School FIRST rating system was implemented in 1999 by the Texas Education Agency. The primary goal of School FIRST is to achieve quality performance in the management of school districts’ financial resources, a goal made more significant due to the complexity of accounting associated with Texas’ school finance system. The School FIRST accountability rating system assigns one of four financial accountability ratings to Texas school districts, with the highest being “Superior Achievement,” followed by “Above-Standard Achievement,” “Standard Achievement,” and “Substandard Achievement.” Ratings issued are based on financial, staff, and student data submitted for the prior fiscal year.