Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Audit topic
No spam. Unsubscribe anytime.
Nederland ISD auditor reports healthy fund balance; board accepts 20232024 audit 7-0
Summary
Auditor Gary Davis told the board the general fund balance "represents approximately 18% of this year92s annual expenditures," about two months of cash flow; trustees approved the 20232024 audit 7-0.
Mr. Gary Davis of West Davis presented the 20232024 audit to the Nederland ISD Board of Trustees by phone and said the district92s general fund balance "represents approximately 18% of this year92s annual expenditures," which he described as roughly two months of cash flow. He reported no other issues in the audit.
Following the presentation, the board approved the audit report by a 7-0 vote. The acceptance was recorded as: Yea 96 Albanese, DeCuir, Isom, Mitchell, Mosley, Phillips and Scott; Nay 96 None.
