District News

 

From the desk of Gregg Weiss 

Date: December 15, 2017

As our first semester of the 2017-2018 school year winds down, I would like to highlight some of the great accomplishments, achievements, as well as provide some factual information regarding MVISD.

  • MVISD received a Superior Rating on the School FIRST (Financial Integrity Rating System of Texas) Report. The FIRST Report has 15 categories related to fund balance, financial reporting, auditing, debt service, administrative costs, etc.  The FIRST Report was designed and implemented to hold schools accountable for quality financial management. It is also important for accreditation status.
  • MVISD administrative costs are currently at 9%.  The maximum allowable by the state is 21%.  Our cost is less than ½ of the allowable.   
  • The MVISD Food Service Program is profitable for the first time in four years.  The previous four years have had a deficit totaling approximately $390,000.

Read More