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Meeting Date:
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Category:
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Type:
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Subject:
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Annual External Financial Auditors Renewal |
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District Goals:
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Goal 1 Thriving Students Goal 2 Engaged Community Goal 3 Empowered Staff
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Enclosure:
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File Attachment:
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Summary:
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Each year a school district must take the following steps:
1. Prepare its annual financial statements
2. Have its annual financial statements audited by a licensed independent certified public accountancy (CPA) firm
3. Submit the resulting audited annual financial and compliance report (AFR) and additional data to the Texas Education Agency (TEA) for review |
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Budgetary Impact:
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The District must contract with an independent auditor annually to be in compliance per TEA. The fee for 2021-2022 audit was $50,000 to Weaver for performing the external audit for the year ending June 2022.
Based on RFQ-014-2022-2023, the District has the option to exercise option year 1 with Weaver for the 2023-2014 year at the same rate. |
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Recommendation
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Administration recommends approving Weaver to conduct our annual financial audit for the year ending June 2023. |
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Approvals:
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Recommended By: |
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Signed By: |
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Stacey Adrian - Chief Financial Officer |
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Signed By: |
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Anthony Kirchner - Chief Communications Officer |
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Signed By: |
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Michael McFarland - Superintendent |
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Vote Results:
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| Original Motion | | Member Mia Hall Moved, Member June Davis seconded to approve the Original motion 'Administration recommends approving Weaver to conduct our annual financial audit for the year ending June 2023.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0. | | The motion Carried 7 - 0 | | | | | June Davis | Yes | | Mia Hall | Yes | | Gary Grassia | Yes | | LaTonya Mayfield | Yes | | Nedra Robinson | Yes | | Kelicia Stevenson | Yes | | Daryl Davis | Yes | |
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