December 20, 2013
Dec. 20, 2013—Cypress-Fairbanks ISD is one of only 55 school districts among more than 1,200 statewide to win a five-star rating from the office of Susan Combs, Texas Comptroller, for academic and financial performance.
The Financial Allocation Study for Texas (FAST) was released on Thursday, assigning every school district in the state a rating from one to five stars—indicating success in combining cost-effective spending with achievement of measureable student academic progress. Five stars reflects the strongest relative academic progress combined with the lowest relative spending.
CFISD was one of 25 five-star districts to retain its designation for a second straight year, one of 17 to hold the rank three straight years and one of 11 to earn it for four straight years. The Comptroller’s office ranked CFISD in the 87th percentile of math progress, the 90th percentile of reading progress and the 92nd percentile of composite progress, which—combined with a spending index of “Very Low”—amounted to the five-star rating.
The report was in response to the 81st Texas Legislature’s commission in House Bill 3 to “develop a method to compare school districts on a level playing field.”
“The five-star FAST rating is truly a measure of Cy-Fair’s sustained academic and financial success, featuring data from the 2009-2010, 2010-2011 and 2011-2012 school years,” said Dr. Mark Henry, superintendent of schools. “We improved by 5 percentile marks upon our 2012 designation, which shows a continual commitment to sustain excellence—for the benefit of both our students and taxpayers.”
For more information on the FAST rating, visit www.fastexas.org.