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Tuscaloosa City Schools audit finds no findings; CSFO warns of budget deficit, sales-tax dip and heavy bus costs
Summary
The board received an unmodified audit covering Oct. 1, 2023–Sept. 30, 2024 and heard financial reports showing a multi-million-dollar operating deficit, a year-over-year drop in local sales tax, and high school-bus costs that outpace state funding.
The Tuscaloosa City Schools Board of Education on May 20 received an external audit with no findings and heard a financial update that highlighted a multi‑million‑dollar operating deficit, a year‑over‑year sales‑tax decline and ongoing high costs for school buses.
Peter Fisher, the auditor presenting the report for the state examiners’ office, said the board’s 2023–24 financial statements and its major federal programs received unmodified opinions. “We’ve issued an unmodified report on the board’s financial statements for the year ended 09/30/2024,” Fisher said, and he named the Innovative Approaches to Literacy Grant and the COVID‑19 Educational Stabilization Fund as the major federal…
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