Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
West Oso ISD board accepts audit but trustees press administration on falling fund balance
Summary
Trustees voted 5-0 to accept the districtd annual financial audit but pressed staff on an approximate $1.48 million general-fund balance and an overspend of roughly $1.6 million this year; the board scheduled a March 17 deep-dive to identify potential cuts and near-term steps.
The West Oso Independent School District Board of Trustees voted unanimously to accept the districtd annual financial audit after a presentation by the districtd auditor Wednesday evening.
"In our opinion, the accompanying financial statements present fairly in all material respects," auditor LaVerne Kishnick told trustees during a detailed walkthrough of the independent auditord report, highlighting the districtd investment in capital assets and the accounting treatment for pension and OPEB liabilities.
Board members focused questions on the districtd general…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
