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Weaver gives College Station ISD a clean audit for fiscal period ending June 30, 2025
Summary
External auditor Weaver presented an unmodified (clean) opinion on College Station ISD’s financial statements for the 10-month fiscal period ending June 30, 2025, noting no material findings and a $14.3 million increase in the general fund balance largely due to the shortened reporting period; the board approved the annual report 7–0.
Rebecca Darling of Weaver, the district’s external auditor, presented the annual financial and compliance report covering the fiscal period ending June 30, 2025 (a 10-month reporting period because of the fiscal year change). She reported an unmodified opinion on the financial statements and a clean government auditing standards opinion for compliance and controls. The federal-program opinion covering major programs (Child Nutrition Cluster) remained in draft pending federal guidance, but the auditor said she did not expect revisions.
Darling summarized that there were no findings in the schedule of findings and questioned costs and no material misstatements requiring correction. She highlighted a $14.3 million increase in the general fund balance for the 10-month period, largely the result of comparing 10 months of expenditures to a period that previously covered 12 months. She also noted a positive change in the debt service and capital projects funds tied to bond issuances and capital outlays.
The board moved to approve the annual financial and compliance report; the motion passed 7–0.
Next steps: audit team will finalize federal program opinions once federal guidance is issued; district finance will continue providing required schedules and disclosures to TEA and post the report as required.
