Has Plano ISD been a good steward of bond dollars?
Yes. Plano ISD’s bond ratings are Aaa/AA+, the highest ratings assigned to Texas school districts by Moody’s and Standard & Poor’s Rating Agencies. All items promised in the 2008 bond have been addressed and/or are in progress. Read a full list of promised/fulfilled bond items in our 2015 district annual report.
For 13 consecutive years, Plano ISD has earned the highest rating of “Superior Achievement” in the state’s Schools FIRST (Financial Integrity Rating System of Texas) program. This rating shows that Plano ISD’s schools are accountable not only for student learning, but also for achieving results cost effectively and efficiently. The report is based on staff, student and budget data that the financial services team submits annually to the Texas Education Agency.
For 32 consecutive years, Plano ISD has also earned the prestigious Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada. Plano ISD's Comprehensive Annual Financial Report (CAFR) has been judged each year by an impartial panel to meet high standards, including demonstrating a constructive spirit of full disclosure to clearly communicate the school district's financial story. The certificate of achievement is the highest form of recognition in the area of governmental financial reporting and accounting. Its attainment represents a significant achievement by government and its management.