Del Valle ISD receives clean annual audit; board reviews budget calendar heading into 2026–27 planning

External auditors reported an unmodified ("clean") opinion on Del Valle ISD's annual financial statements and the required federal single audit.

Paula Lowe of Patillo Brown & Hill told trustees the firm could render an unmodified opinion after testing the district's basic financial statements and federal programs. She said the firm found no material weaknesses or reportable noncompliance for Title I and IDEA B testing. Lowe noted the district's governmental fund balance totaled about $277 million, of which roughly $186 million is bond proceeds; the district's general fund balance increased by about $1.2 million year over year.

Ms. Edgar presented the monthly financial report for the period ending Oct. 31 and walked trustees through investment yield (4.2%), security diversification, year-to-date budget percentages (about 34% spent), and a temporary negative net tax collection in October driven by a large refund. Edgar outlined the budget development calendar: demographic reports and enrollment projections in January, budget workshops in February and March, a near-final presentation in April, public hearings in May and adoption in June.

The board approved the district's annual financial report (motion passed 8–0). Trustees thanked the business office for the audit preparation and the clear reporting.

Why it matters: A clean audit and healthy fund balance evidence fiscal controls and affect planning for staffing and program budgets during the 2026–27 budget cycle.

Next steps: Staff will return with updated budget assumptions, demographic reports and proposed staffing allocations as the calendar proceeds.