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HUTTO ISD director: district scores 98 out of 100 on state—first financial accountability rating
Summary
At a special-called public meeting, Jeffrey Lapp, HUTTO ISD director of finance, presented the district's first financial accountability rating and said the district scored 98/100, with critical indicators passed and an unmodified audit reported; no public comment was offered.
Jeffrey Lapp, HUTTO ISD director of finance, presented the district's first financial accountability (1st) rating at a special-called public meeting and said, "We scored a 98 out of 100." He told the board the framework uses 20 indicators split into critical (pass/fail), solvency and financial competence measures and that the district passed all critical indicators.
Lapp said the score reflects an unmodified audit opinion and generally strong solvency measures. He noted the dataset labeled "2024" covers the 2022-23 data, and that required disclosures under Title 19 and the commissioner's rules have been posted on the district website. The board asked clarifying questions about what an audit finding of "no material weakness" means; Lapp said it indicates there were no major corrections or evidence of fraud identified.
