User: Vallery Stone
User Role: District

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Financial Integrity Rating System of Texas

2006-2007 District Status Detail

Name: MARTINS MILL ISD(234905)	Publication Level 1: 6/9/2008 1:55:51 PM
Status: Passed	Publication Level 2: None
Rating: Superior Achievement	Last Updated: 6/9/2008 1:55:51 PM
Indicators Answered YES: 22	Indicators Answered NO: 2
District Score: 79	Passing Score: 55

Status		#	Indicator Description	Updated		Score
	†1	1	Was The Total Fund Balance Less Reserved Fund Balance Greater Than Zero In The General Fund?	4/18/2008 1:31:37 PM	+	1
	†1	2	Was the Total Unrestricted Net Asset Balance (Net of Accretion of Interest on Capital Appreciation Bonds) In the Governmental Activities Column in the Statement of Net Assets Greater than Zero? (If the District's 5 Year % Change in Students was 10% more)	4/18/2008 1:31:37 PM	+	1
	†1	3	Were There No Disclosures In The Annual Financial Report And/Or Other Sources Of Information Concerning Default On Bonded Indebtedness Obligations?	4/18/2008 1:31:37 PM	+	1
	†1	4	Was The Annual Financial Report Filed Within One Month After November 27th or January 28th Deadline Depending Upon The District's Fiscal Year End Date (June 30th or August 31st)?	4/18/2008 1:31:37 PM	+	1
	†2	5	Was There An Unqualified Opinion in Annual Financial Report?	4/18/2008 1:31:38 PM	+	1
	†2	6	Did The Annual Financial Report Not Disclose Any Instance(s) Of Material Weaknesses In Internal Controls?	4/18/2008 1:31:38 PM	+	1
					=	1 Multiplier Sum
		7	Did the Districts Academic Rating Exceed Academically Unacceptable?	4/18/2008 1:31:38 PM	+	1
		8	Was The Three-Year Average Percent Of Total Tax Collections (Including Delinquent) Greater Than 98%?	4/18/2008 1:31:38 PM	+	1
		9	Did The Comparison Of PEIMS Data To Like Information In Annual Financial Report Result In An Aggregate Variance Of Less Than 3 Percent Of Expenditures Per Fund Type (Data Quality Measure)?	4/18/2008 1:31:38 PM	+	1
		10	Were Debt Related Expenditures (Net Of IFA And/Or EDA Allotment) < $250.00 Per Student? (If The District's Five-Year Percent Change In Students = Or > 7%, Or If Property Taxes Collected Per Penny Of Tax Effort > $200,000 Per Student)	4/18/2008 1:31:38 PM	+	1
		11	Was There No Disclosure In The Annual Audit Report Of Material Noncompliance?	4/18/2008 1:31:38 PM	+	1
		12	Did The District Have Full Accreditation Status In Relation To Financial Management Practices? (e.g. No Conservator Or Monitor Assigned)	4/18/2008 1:31:38 PM	+	1
		13	Was The Percent Of Operating Expenditures Expended For Instruction More Than 65%? (Functions 11, 36, 93, 95) (Phased in over three years, 55% for 2006-2007; 60% for 2007-2008; and 65% for 2008-2009)	4/25/2008 1:35:41 PM	+	1
		14	Was The Percent Of Operating Expenditures Expended For Instruction More Than or equal to 65%? (Functions 11, 12, 31, 33, 36, 93, 95)	4/18/2008 1:31:39 PM	+	1
		15	Was The Aggregate Of Budgeted Expenditures And Other Uses Less Than The Aggregate Of Total Revenues, Other Resources and Fund Balance In General Fund?	4/18/2008 1:31:39 PM	+	1
		16	If The District's Aggregate Fund Balance In The General Fund And Capital Projects Fund Was Less Than Zero, Were Construction Projects Adequately Financed? (To Avoid Creating Or Adding To The Fund Balance Deficit Situation)	4/18/2008 1:31:39 PM	+	0