An external audit partner reported an unmodified (clean) opinion on Alvin Independent School Districts financial statements for the fiscal year ended June 30, 2025, and trustees voted to approve the audit for submission to the Texas Education Agency.
"Wee issued an unmodified opinion on the districts financial statements for the fiscal year ended 06/30/2025," auditor John DeBurrow said, adding there were no material weaknesses, no significant deficiencies in internal control, and no recorded instances of noncompliance under government auditing standards. He also said testing of two major federal programs (the child nutrition cluster and Title I) found no reportable compliance findings, though issuance of a final single-audit opinion is pending publication of the federal OMB compliance supplement.
DeBurrow highlighted fiscal-year financials from the annual comprehensive financial report: general fund revenues of $372,500,000, expenditures of $344,700,000, and an increase in general fund balance of $10,100,000. He reported a debt service fund balance of $36,500,000 and a capital projects fund balance of $146,900,000 (an increase the auditor described as timing related to bond issuance).
Following the presentation Trustee Garza moved to approve the 2024-25 financial audit and Trustee Humbert seconded; the vote to approve carried 7-0. The district will submit the audit to the Texas Education Agency as required by law.