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Southwest ISD receives clean audit for 2023–24; general fund draws down about $9 million

2523153 · January 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Independent auditors gave Southwest ISD an unmodified (clean) opinion on its 2023–24 financial statements and federal programs and reported an overall district fund-balance decrease of roughly $18.4 million to about $282 million.

An independent auditor told the Southwest ISD Board of Trustees that the district’s 2023–24 financial statements and federal-program compliance received unmodified (clean) opinions, and the board approved the audit at the Jan. meeting.

Derek Walker of Coleman Horton and Company, the district’s external auditor, presented the audit and said the audit found no reportable deficiencies in internal control or compliance over federal programs and that the district’s financial statements “present fairly in…

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