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THECB presents mid‑year financial report; internal audit and compliance updates delivered
Summary
THECB staff reported on the fiscal year 2025 mid‑year financial condition, noting reduced loan demand and high credit rating for bonds; internal audit and compliance staff reported ongoing audit work on grant administration, academic program approvals and community college finance.
At its April 23, 2025, Agency Operations Committee meeting, THECB staff presented a mid‑year financial report for fiscal year 2025 and internal audit and compliance updates.
Anthony (last name not specified in the record), THECB chief financial officer, presented the financial report covering the first half of FY 2025, which is the second year of the current biennium. He said staff are monitoring funding availability and budget adjustments to align FY25 balances across the…
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