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Tarkington ISD affirms investment policy, retains auditor and approves fund‑balance budget amendments
Summary
The Board completed the annual investment policy review with no changes, approved Weaver and Tidwell, LLP as independent auditor for fiscal year ending Aug. 31, 2026, and approved general fund budget amendments to use fund balance for previously discussed needs.
Chief Financial Officer Thad Lasater presented the annual investment policy review required by the Public Funds Investment Act and recommended no changes. The Board adopted the related resolution during the action portion of the meeting.
Lasater also presented the proposed engagement of Weaver and Tidwell, LLP as the independent auditor for the fiscal year ending Aug. 31, 2026; the Board accepted the engagement by recorded vote. Separately, the Board approved General Fund budget amendments to use fund balance to support previously approved safety and security improvements.
The Board discussed audit timelines and the importance of consistent auditor familiarity with district finances; the votes on the investment policy, auditor engagement, and budget amendments were recorded as passing by roll call (Yea: 6, Nay: 0, Absent: 1).
