Board approves forensic and internal-controls review despite objections about cost
The board voted to contract Gibson Consulting Group for a forensic internal audit (not to exceed $50,000, hourly with prior board authorization) and an internal-controls review (fixed fee $48,450). Several trustees voiced opposition citing the district deficit and questions about value; proponents said the work targets controls and potential misuse risks beyond an annual financial audit.
The full story
The board audit committee recommended that the Fabens ISD Board approve two engagements with Gibson Consulting Group: (1) a forensic internal audit billed hourly, not to exceed $50,000 with prior board authorization, to evaluate whether any improper use of district funds occurred beyond previously identified financial issues; and (2) an internal-controls review (ICR) for a fixed fee of $48,450 to assess the adequacy of financial and operational controls.
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