A representative of the district’s independent auditors (Snow Garrett Williams, as named in the presentation) told the board the firm issued an unmodified (clean) opinion on Joshua Independent School District’s financial statements for the year ended Aug. 31, 2025.

The auditor highlighted key figures from the report: total general fund revenues of $68,700,000, total expenditures of $65,700,000, and a net change in the general fund balance of $3,200,000, producing an ending general fund balance of $10,069,000. The auditor also reported no instances of material weakness in internal control and no disclosures of material noncompliance for grants, contracts or laws in the annual financial report.

The auditor explained the district’s major funds structure (general, debt service and capital projects) and reviewed budget‑to‑actual comparisons; the presentation noted revenues were about $487,000 under the adopted budget largely due to state funding timing and total expenditures also came in under budget by roughly $2.5 million. The auditor recommended continued monitoring practices already in place.

After the presentation, the board approved the fiscal year 2024–25 financial audits by unanimous vote (5‑0).

The audit presentation is informational and does not itself change policy; it provides the board and public the independent opinion required for annual financial reporting.