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Vidor ISD audit shows nearly $2.9M revenue shortfall; board accepts audit and approves budget moves
Summary
The district reported about $2.9 million in 2024–25 revenue shortfalls — roughly $1.7M in late local tax receipts, ~$800k less state funding related to ADA shortfalls and ~$360k reduced Medicaid reimbursements — and the external auditor issued an unmodified opinion; the board accepted the audit 7–0 and approved subsequent budget amendments.
Vidor Independent School District officials told trustees on Jan. 12 they recorded nearly $2.9 million less revenue than budgeted for the 2024–25 year, and the board accepted the district's audit and approved related budget amendments.
A district finance presenter told the board the shortfall was driven by a late large tax payment that could not be recognized in the 2024–25 year ($1.7 million), an approximately $800,000 shortfall in state funding tied to lower average daily attendance and program weights, and a roughly $360,000 reduction in Medicaid reimbursement. "The short answer for tax revenue is that we had a taxpayer not pay their taxes on time," the finance presenter said, explaining that a later payment has arrived but…
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