McKINNEY (May 12, 2014) — In late 2009, Texas Comptroller Susan Combs launched the Texas Comptroller Leadership Circle to rate and recognize cities, counties, school districts and other government agencies in the area of financial transparency.

For the fifth straight year, McKinney ISD has earned the highest recognition possible and is one of only 54 of Texas’ 1,024 public school districts who have achieved that honor thus far in 2014.

From 2010-2013, McKinney ISD earned Gold recognition, the highest level attainable during that time period. But for 2014, the Comptroller’s office introduced a new, “Platinum” level of recognition to honor institutions that have met an even higher standard of financial transparency. McKinney ISD earned the new status by taking extra measures to ensure transparency and scoring 21 out of 22 points on the rating criteria.

“Since we began the Leadership Circle program in December 2009, an increasing number of local governments have worked hard to open their books to citizens in order to demystify finances,” Combs said. “We thought it was important to recognize local entities that take even more steps to give taxpayers easily accessible information they need to help them make informed decisions as well as ask questions of their local elected leaders.”

The new Platinum Award level spotlights entities which meet Gold requirements and:

  • Post detailed summary information on their government website about current bonded debt and how it will be paid off.
  • Provide a link on their government website to the Comptroller’s website about transparency in government at texastransparency.org.
  • The chief executive (e.g., mayor, county judge, superintendent or executive director) signs a pledge to post, on their government website, information about proposed bond packages and existing debt and provide the Comptroller’s office with a link to this information no later than one business day after the public notice of the bond election.

This award highlights the district’s ongoing commitment to transparency and clear communication with the community.

“It is always nice to be honored by a third party when it relates to fiscal responsibility and fiscal transparency,” said Cody Cunningham, McKinney ISD Chief Communications Officer. “We work hard to be as transparent as possible, and we have invested resources to ensure we have timely and comprehensive information posted on our website. We recognize there is always room for improvement and we look forward to continuing to publish important information related to the District's finances, policies, programs and schools.”

Local governments receiving a Platinum, Gold, Silver or Bronze Texas Comptroller Leadership Circle award have opened their books to the public and provide clear, consistent pictures of spending with detailed information on how tax dollars are allocated and spent. Top-ranking entities provide information online in an easily accessible, user-friendly format and set up features that allow taxpayers to easily drill down for more detailed information.

“We are pleased that the Comptroller's office makes this process available so that the public can see that McKinney ISD works hard to make sure that taxpayers not only have access to our financial information, but that we are diligent in our fiscal management,” said Chief Financial Officer Dr. Edd Bigbee.

To view McKinney ISD’s Leadership Award Score sheet, visit texastransparency.org/application.php/leadership/view/1425

The public can view McKinney ISD’s financial information by visiting mckinneyisd.net/departments/business

For additional information on McKinney ISD, contact Shane Mauldin, MISD Communications Coordinator, at 469-302-4007 or smauldin@mckinneyisd.net.

 

About McKinney ISD

One of the fastest growing school districts in Texas, the McKinney Independent School District currently enrolls more than 24,750 students in 20 elementary schools, five middle schools, three high schools, four alternative schools and one early childhood education school. The mission of McKinney ISD, the champion for progressive learning throughout the diverse McKinney community, is to inspire and equip all students to explore, develop and express their unique potential as innovators, critical thinkers and collaborators through challenging, engaging and diverse learning experiences in vital partnership with the community. Visit the district's website at mckinneyisd.net.