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Gatesville ISD accepts FY25 audit; auditors flag small child-nutrition overspend and GASB restatement
Summary
Auditors gave Gatesville ISD an unmodified FY25 opinion, noting no material weaknesses but a $93,000 overspend in Child Nutrition and a one-time GASB restatement for compensated absences; the board voted to accept the audit and authorize required signatures.
Gatesville ISD trustees voted to accept the district's FY25 audit after a presentation from Nathan White, a partner at Singleton Clark. White said auditors issued an unmodified opinion and found no material weaknesses or significant deficiencies. He identified a $93,000 overspend in the Child Nutrition fund as a relatively common, manageable budget finding and explained that a new…
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