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External auditors give Katy ISD a clean opinion; general fund ends FY24 with $364.3 million
Summary
Auditors from Whitley Penn reported an unmodified (clean) opinion on Katy ISD’s FY2024 financial statements and noted an increase in the general‑fund balance of about $11.5 million, bringing the unassigned fund balance to approximately $273.7 million (26.7% of general fund expenditures).
Katy Independent School District’s external auditors reported an unmodified (clean) opinion on the district’s fiscal 2024 financial statements during the Jan. 13 board work‑study meeting.
Lupe Garcia, partner with Whitley Penn LLP, told trustees the audit work — which included interim testing in May–June and year‑end fieldwork in November — produced an unmodified opinion on the annual comprehensive financial report and found no material weaknesses in internal control or noncompliance for the financial statements and federal grant programs that were tested.
“We are happy to report that our opinion on the district’s financial statements…
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