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Floresville ISD Board accepts clean 2024–25 financial audit; fund balance increases
Summary
The Floresville ISD Board unanimously approved a clean audit for the 2024–25 year showing $42.4 million in general‑fund revenue, $41.5 million in expenses and a $956,000 increase in fund balance, leaving the district with about $22.86 million in total fund balance.
The Floresville ISD Board of Trustees on Oct. 6 approved the district's 2024–25 financial audit, accepting an unmodified (clean) opinion from auditors.
Derek Walker, partner with Coleman Horton and Company, told trustees the firm audited the district's financial statements as of June 30, 2025, and found the statements presented fairly in all material respects. "We believe we were able to obtain enough evidence that the financial statements present fairly in all material respects operations of the district," Walker said.
Walker highlighted key figures from the audit: general‑fund total revenues of $42,421,000 and total expenses of $41,465,000, producing an increase in fund balance of $956,000 for the year. He reported an overall district ending fund balance of $22,863,916, noting that represented roughly 3–3.5 months of operating expenses. The board voted 7–0 to approve the audit for submission to the Texas Education Agency, as required by state rules.
Miss Engle, who presented the audit for the district, said the firm also issued clean opinions on federal program and internal control schedules when required. "Overall, it was a clean audit," she said, adding the auditors were available to answer further questions.
The approval allows administration to file the required audit reports with TEA by the November deadline and proceed with budgetary planning informed by the audited results.
