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Cedar Hill ISD board unanimously approves clean FY2025 audit
Summary
The Cedar Hill ISD Board approved the district's fiscal year 2025 financial audit, which auditors said received an unmodified (clean) opinion and showed a general fund ending balance of 13.3% after a $3.2 million decrease.
The Cedar Hill ISD Board unanimously approved the district's fiscal year 2025 financial audit after a presentation from Roger Tovar of Whitley Penn. Tovar told trustees the auditors issued an unmodified opinion on both the government-wide financial statements and the single-audit major programs (Title I and remaining ESSER III), and reported no internal-control findings or compliance deficiencies.
Tovar presented the districtwide totals and key figures: total assets and deferred outflows of about $403,000,000, general fund revenues of $67,500,000, general fund expenditures of $70,800,000, and an ending general fund balance of 13.3 percent after a $3.2 million decrease. "Again, overall it was unmodified both on the financial statements as well as over the single audits, with no findings to report," Tovar said. Trustee Carmen Morgan moved to approve the audit as presented; the motion passed unanimously.
The board also heard details of audit procedures, including risk assessment, internal-control walkthroughs, substantive testing and confirmations with third parties. Tovar noted the single-audit major programs for the year were Title I and residual ESSER III activity, and that auditors implemented GASB 101 on compensated absences this year but found no material impact to the statements. The board did not ask for additional follow-up and moved on to other agenda items.
