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Navarro ISD board approves audited financials; district earns 'A' School FIRST rating

Navarro Independent School District Board of Trustees · December 16, 2024
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Summary

Navarro ISD trustees approved the audited financial statements for the year ended Aug. 31, 2024, and held the required public School FIRST meeting after staff reported a district score of 96 (rating 'A').

The Navarro Independent School District Board of Trustees approved the district’s audited financial statements for the year ended Aug. 31, 2024, following a presentation from auditor Kimberly Roach, CPA of Armstrong, Vaughan & Associates, PC.

Roach told trustees the firm “predicts a superior rating of 94” for the audited year and summarized key requirements for filing with the Texas Education Agency within 180 days of the fiscal year end. Trustee Dan Reinhard moved to approve the audited financial statements; Clint Scheib seconded and the motion passed 7-0.

At the required public meeting on the School FIRST rating, Chief Financial Officer Paul Neuhoff reported Navarro ISD received a district score of "96" with a rating of "A" for superior achievement, based on TEA’s November 7, 2024 release. There were no public questions or follow-up requests from trustees during the presentation.

The board’s approvals complete the district’s audit-year reporting obligations and permit staff to proceed with routine financial planning and bond-related implementation activities tied to capital projects.