Liberty Hill ISD auditors give district a clean opinion on 2023–24 annual financial report

External auditors presented the Liberty Hill ISD Board with the district's 2023–24 Annual Financial Report (AFR) and issued an unmodified (clean) audit opinion on Dec. 16.

Clayton Rogers, audit manager for Patillo, Brown & Hill, told trustees the auditor's report found no material misstatements, no findings of fraud or material weaknesses in internal control, and issued the standard clean opinion that auditors call an "unmodified audit opinion."

Financial highlights and context

Rogers and district staff summarized several key points from the AFR:

- The district's general fund unassigned fund balance was about $12.5 million at fiscal year end; that number reflects the administration's assigned reserve for the originally adopted budgetary deficit for 2024–25. - The district issued bond proceeds and recorded capital project spending in the capital projects fund; the audit noted the timing differences that affect the district‑wide net position (which increased during the year in the government‑wide statements) and that depreciation and debt timing can create apparent differences between fund balances and net position. - The auditors also completed required federal‑funds compliance work (for programs such as nutrition and special education) and reported a clean compliance opinion with no reportable instances.

Board action and transparency

After the auditor's presentation, trustees voted to accept the annual financial report. Trustee Hargrove moved acceptance, and Trustee Neighbors seconded; the motion carried by voice vote. The district confirmed it will post the AFR and the audit governance letter to the district website and file required submissions with the Texas Education Agency.

Rogers commended the district's finance staff for preparing the materials and said the audited AFR will be publicly available once final administrative filings are complete.