Pleasant Grove ISD has increased its efforts to provide transparent financial information for all stakeholders of the District. We are focused on presenting financial reports and relevant information in a format that is easily understandable and promotes transparency and accountability. Our goal is to provide our citizens and interested parties with the information necessary to better understand how their tax dollars are spent in support of student achievement.
Annual Financial Accountability Management Reports
The state’s school financial accountability rating system, known as the School Financial Integrity Rating System of Texas (FIRST), ensures that Texas public schools are held accountable for the quality of their financial management practices and that they improve those practices. The system is designed to encourage Texas public schools to better manage their financial resources to provide the maximum allocation possible for direct instructional purposes.
Annual Comprehensive Financial Reports (ACFR)
Each year, a school district must prepare its annual financial statements, have them audited by a licensed independent CPS firm, and submit the resulting audited annual financial and compliance report to the Texas Education Agency for review. The Annual Comprehensive Financial Report or ACFR, formerly called Comprehensive Annual Financial Report (CAPR), is due no later than 150 days after the close of a district’s fiscal year. Pleasant Grove ISD’s fiscal year ends on August 31 and our ACFR is due to TEA on or before January 28 of each year.
Disbursement Reports (Check Registers - Raw Format)
In an effort to provide transparency, the District provides current disbursement reports for the working fiscal year as well as a complete 12-month report for three prior fiscal years. These reports include the check date, payee, and check amount for each disbursement.
Financial Transparency Summary
The following summary data is from the Governmental Funds Statements in the district's most recent Annual Comprehensive Financial Report (ACFR). The Governmental Funds include the district's primary operating fund (i.e. General Fund), Special Revenue Funds, Debt Service Fund, and Capital Projects Fund. The District's ACFRs in their entirety are located above.
All Governmental Funds