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Independent auditor gives Crosby ISD a clean opinion on 2024–25 financials; board approves report
Summary
Whitley Penn presented an unmodified opinion on Crosby ISD’s fiscal 2024–25 financial statements and reported no internal control or compliance findings; trustees approved the annual financial report unanimously, though the single‑audit federal piece remains pending OMB guidance.
Patrick Simmons, an audit partner with Whitley Penn, told the Crosby ISD Board of Trustees the district’s 2024–25 financial statements will receive an unmodified (clean) opinion and that the auditors identified no internal control or compliance findings during their review.
Simmons and his team summarized revenue and expenditure highlights: state aid accounted for about 60% of revenue, property taxes about 30%,…
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