Salado Independent School District was rated one of the 55 top school districts in Texas for financial allocation under a study released by the Texas Comptroller’s office.

The study looks at financial matters and academic performance.

This was the second year for Salado ISD to earn a five-star rating, putting it among 24 other districts in Texas to accomplish that feat.

“It’s a pretty big deal and we’re very happy to receive this award,” Superintendent Michael Novotny said. “It’s based on district spending as well as academic performance in reading and mathematics.

“Bottom line, it shows the taxpayers at Salado ISD that they are getting a lot of bang for the bucks in supporting high-quality education.”

The Financial Allocation Study for Texas was mandated by the Texas Legislature in 2009 and took effect in the 2010-2011 school year.

“In these challenging times where schools are under pressure to do more with less, it is more important than ever to shine a spotlight on those that are achieving strong student performance with cost-effective spending,” Comptroller Susan Combs told Texas school districts.

“Your efforts to help our state and local governments wisely manage educational spending while preparing students for success in college or the workforce is crucial to the future of Texas.”

Salado earned four stars in the first year of the ratings, improved to 4½ stars for 2011-2012 and obtained a perfect five-star rating the past two school years.

Novotny said the continued work of the teachers is reflected in the high rating.

“Credit goes to all the teachers in the district, to the students for their accomplishments and for the community in setting the standard for excellence,” Novotny said.

“Our financial department also played a huge role (in the rating). That includes Lyndal Cabaniss, our financial director who has been with the district for 31 years and does a fantastic job.

“She’s part of a four-person team along with Belia Rodriguez, who handles our payroll; Kathy Hollas, who does accounts payable, and Tonja Chaplin in student activity accounting.”

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