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Audit shows no state findings for George County School District; finance staff outline revenue, expenditures and fund balances
Summary
District finance staff reported the 2024 audit showed no findings from the state and provided revenue/expenditure and fund balance updates, including year-over-year changes and capital asset increases tied to recent construction.
District finance staff presented the school district’s FY 2024 audit and monthly financial summary to the board and said the Mississippi Department of Education and the state cleared the audit with no findings.
The presenter said 2024 revenues were approximately $36,000,005 and expenditures approximately $35,000,008, with certain government funds showing an increase due to escrow and project funding. The presenter told the board the overall fund…
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