Groesbeck ISD audit shows clean opinion, notes $675,000 net decrease and 2025 deficit budget
Nov 18, 2024
Patillo, Brown & Hill LLP delivered a clean opinion on Groesbeck ISD's 2023–24 audit while reporting a net decrease of about $675,000 and a projected deficit budget for 2025; the board approved the audit unanimously.
The full story
Groesbeck ISD trustees on Nov. 18 approved the district's 2023–24 financial audit after a presentation from Clayton Strothers of Patillo, Brown & Hill LLP, who reported an unmodified (clean) opinion. The auditor summarized district-wide statements including cash and capital assets, and cited a net decrease of approximately $675,000 and a deficit budget projected for 2025.
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