External audit: Humble ISD receives unmodified opinion; general fund $204M

Whitley Penn LLP presented the Humble ISD annual comprehensive financial report for the year ended June 30, 2025, and the board approved the independent auditors' report.

Brooke Fuller, senior manager on the engagement, told trustees the audit was performed under generally accepted auditing standards and Government Auditing Standards (the Yellow Book). "The district has received an unmodified opinion over the financial statements," Fuller said, and auditors reported no internal control findings related to financial reporting or compliance in the fiscal‑year audit. The single‑audit review of major federal programs (child nutrition cluster, Medicaid cluster and Title II‑A) also resulted in unmodified opinions and no internal control findings for those programs.

Key figures presented by the auditor: general‑fund revenue totaled $555,000,000 and expenditures totaled $535,000,000. Net other financing uses and transfers were reported; the result produced an ending general‑fund balance of approximately $204,000,000. On a government‑wide basis, total assets and deferred outflows were reported at about $2.1 billion, including cash and investments of roughly $609,000,000 and capital assets (net) around $1.3 billion. Bonds payable were reported at approximately $1.4 billion.

Fuller noted one timing caveat: the federal compliance supplement used to test federal programs had not been fully released for 2025 at the time of the presentation, so the final single‑audit opinion addressing that supplement will be finalized when the supplement is published; auditors did not expect changes.

What this means: An unmodified opinion indicates auditors conclude the financial statements present fairly, in all material respects, the district’s financial position and results of operations for the year; trustees accepted the report and the board moved to approve the ACFR as presented.