Auditors give Edcouch-Elsa ISD a clean opinion on financial statements; board approves 2024–25 audit

External auditors presented the Edcouch-Elsa ISD annual financial and compliance report for the year ended June 30, 2025, telling trustees the district received an unmodified (clean) opinion on the financial statements and an unmodified opinion on federal programs, with a qualified opinion on state programs tied to a reporting adjustment that has been corrected.

"Edcouch-Elsa Independent School District has earned an unmodified or a clean opinion on the independent auditors report," auditor Alfred Vera told the board, congratulating district finance staff on their work. Vera explained the auditor's role, outlined the management discussion and analysis and walked trustees through key financial highlights: total assets of $17,669,000, liabilities of $1,438,000, and a general fund balance of $14,523,000 (with $13,801,000 unassigned). He reported total revenues of $55,690,000 and expenditures of $62,358,000, yielding a deficit and described the district as having about 81 days of operations in unassigned fund balance — within the auditors' recommended 60–90 days range.

Vera also reported two significant deficiencies in internal control that finance staff are already addressing but said there were no material weaknesses. He described one qualified opinion on state programs tied to costs that had been recorded to a grant in error; the auditor said the adjustment has been made and funds will be moved back to the general fund.

Following the presentation, trustees thanked the auditors and moved to approve the 2024–25 annual financial audit; the motion passed by voice/roll-call.

What happens next: auditors will finalize remaining draft disclosures and the district will continue to address the identified significant deficiencies.