New administrators joining Midway ISD as financial rating released

Wednesday, July 18, 2012 - 3:10pm

WACO -- Some good news for a Central Texas school district. Midway ISD has received the top rating from the Financial Integrity Rating System of Texas through the TEA.

The rating system keeps districts accountable for their financial management practices.

Midway hasn't had a superior rating since 2009 because they had too much money in their savings.

But due to millions of dollars in budget cuts, having to dip into savings actually brought up Midway's score.

"During a time of financial stress, where we're cutting 3.5 million two years in a row, it's really great to be able to tell the community that we are doing the very best job that we can with our financial planning and our financial practices," Traci Marlin with Midway ISD said.

Midway will also be welcoming three new administrators to the district, but not new to Central Texas.

Superintendent Dr. George Kazanas, Assistant Superintendent for Curriculum Dr. Brent Merritt, and Executive Director of Administrative Services, Dr. Jeanie Johnson.

This, after Midway High School ranked 5th out of all 246 4A schools in Texas.

 

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