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Taylor ISD finance presentation: projected revenue changes, $831,000 audit surplus and fund-balance strength
Summary
Finance staff reported updated revenue projections including a possible $400,000 property-audit recovery and higher Samsung agreement revenue; independent auditors issued an unmodified opinion and the audit yielded an $831,000 positive change to the general fund balance (approx. $16.73M, ~48% of expenditures).
Taylor ISD's finance staff told the Board of Trustees that updated revenue projections and a clean external audit position the district with stronger reserves, though certain line items remain subject to change.
Jenna, presenting the November projections, said the district expects roughly $400,000 from a 2022 property-audit recovery and noted higher-than-expected revenue tied to the Samsung agreement for supplemental…
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