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Spring Hill ISD board approves 2024–25 audit report
Summary
The Spring Hill ISD Board approved the district's 2024'25 audit report and related financial items on a unanimous vote during its Nov. 10 meeting; the board also adopted GASB #54 accounting treatment.
The Spring Hill ISD Board of Trustees on Nov. 10 approved the district's 2024'25 audit report following a presentation listed on the Superintendent's report. The motion to approve the audit report was made by Ryan Small and seconded by Kyle Stephens; the vote was recorded as Yea: 6, Nay: 0, Absent: 1 (Ashley King).
Board members also approved the district's financial report and voted to adopt Governmental Accounting Standards Board Statement No. 54 (GASB #54) in separate motions. The financial report motion was made by Kyle Stephens and seconded by Ryan Small and recorded as Yea: 6, Nay: 0, Absent: 1. The GASB #54 motion was made by Todd Beall and seconded by Wayne Noon with the same recorded vote. The public minutes list the agenda line '2024'2025 Audit Report' but do not include textual details of the auditors' presentation or findings in the published record.
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