Sabinal ISD audit for 2024–25 delayed after Region 20 reconciliation issues, district says
Summary
The district told trustees on Nov. 10 that the 2024–25 financial audit is delayed because Region 20 did not provide timely and complete bank reconciliation information; the business office is completing adjustments so auditors can finish testing.
Sabinal Independent School District trustees were told Nov. 10 that the district's 2024–25 financial audit is delayed because Region 20 did not provide timely, complete bank reconciliation information. Deanna Musquiz, who presented the audit update, said auditors and district staff are working to resolve the discrepancy and finalize the report.
"The audit of the Sabinal Independent School District for the school year 24-25 is experiencing a delay in the completion due to challenges encountered in obtaining timely and complete bank reconciliation information from Region 20," Musquiz said during the meeting. She told trustees the accounting firm will work with the district and the business office is completing necessary adjustments so auditors can test and verify the data.
The minutes indicate the revision of the audit timeline was intended to give auditors adequate time to test and verify information after the late reconciliations. The district did not provide a target completion date in the minutes; the business office was described as "finalizing information to have the audit completed."
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