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El Paso ISD receives clean annual audit; revenue up from local valuations, enrollment continues to decline
Summary
Auditors presented the district's FY2024–25 comprehensive annual financial report, reporting about $10.6 million higher local revenue tied to property valuations, federal revenue declines tied to ESSER funds ending, and per‑student spending about $13,000; the board approved the report.
The El Paso Independent School District board received the annual comprehensive financial report (ACFR) for fiscal year 2024–25 and accepted the independent auditors' findings at its Dec. 16 meeting.
Marlene Strickland, partner in charge for Gibson Ruddock Patterson, said the firm conducted financial statement, Yellow Book and single audit work and noted implementation of a GASB change on compensated absences. She summarized revenue changes: local revenue rose by…
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