The College Station Independent School District (CSISD) Board held a regular meeting on December 17, 2024, focusing on the annual financial and compliance report for the fiscal year ending August 31, 2024. The meeting featured a presentation by Rebecca Darling, a partner at Weaver and Tidwell, who provided an overview of the audit results.

Darling began by distributing three key documents: a presentation summarizing the audit, an auditor communication letter, and the comprehensive annual financial report (AFR). She emphasized that the audit yielded a clean opinion, the highest level of assurance, indicating that the financial statements were materially correct and complied with generally accepted accounting principles.

The audit included a review of federal grant programs, specifically the special education cluster and Title I programs, both of which received clean opinions. Darling noted that there were no findings or significant difficulties during the audit process, which reflects positively on the district's financial management.

Key financial highlights from the report included total revenues of approximately $151.9 million and total expenditures of about $149.7 million for the general fund, resulting in a surplus of $2.3 million. The unassigned fund balance represented about 26% of total general fund revenues, aligning with best practices for financial stability.

Darling also discussed the district's debt service and capital projects funds, noting significant bond issuances and expenditures related to facility improvements. The meeting concluded with a reaffirmation of the district's strong financial position and compliance with regulatory standards, setting a positive tone for future fiscal planning.

Overall, the board's discussions underscored the importance of transparency and accountability in managing public funds, with the audit results serving as a testament to the district's financial health.