Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Gadsden Independent audit shows clean opinions; auditor notes compliance and corrective items
Summary
An independent auditor presented the fiscal year 2024 audit to the Gadsden Independent School District board, reporting unmodified opinions for the financial statements and single-audit programs while noting IT controls, cash disbursements, and financial close process items for corrective action.
The auditor for Cordova CPAs told the Gadsden Independent School District Board on Jan. 9 that the district’s fiscal year 2024 financial statements received an unmodified (clean) opinion and that the district’s single-audit programs also received unmodified opinions.
The presentation, delivered remotely by Bobby Cordova of Cordova CPAs, summarized the audit period (July 2023–June 2024), the timeline for fieldwork and exit conferences, and key financial highlights, including a large increase in cash and investments tied to a bond issue and an almost $10 million increase in state capital grants.
Cord…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
