Source: Texas Comptroller.
The 2011 update of the Texas Comptroller's Financial Allocation Study for Texas (FAST) was recently released. According to the FAST website, "Each district and campus is assigned a FAST rating of one to five stars, indicating its success in combining cost-effective spending with the achievement of measurable student academic progress. Five stars reflects the strongest relative progress combined with the lowest relative spending."
Some of the nearby school districts that earned five stars are Allen, Coppell, Garland, Irving, Mesquite and Wylie. Congratulations to all of them.
Where did the Richardson ISD land on this rating scale? That little red square at the top of the graph above is the RISD. Scattered around the rest of the graph are 40 fiscal peers. Richardson's position earns it four stars out of five.
After the jump, what the RISD would have to do to improve its ratings next year. And why I'm not sure it's a good idea.