Stan Martinez, an auditor from Pattillo, Brown & Hill, L.L.P., presented the STISD Annual Financial Report for the year ended Aug. 31, 2015, to the STISD Board of Directors at the special called board meeting on Dec. 9.
According to the report, there were no findings for the 2014-15 school year. Since the last audit, which was performed in the fall of 2014, STISD has continued to maintain a healthy fund balance and a strong system of internal control. The district has also remained in compliance with all federal and Texas Education Agency (TEA) guidelines.
“We strive every day to maintain financial integrity districtwide, and we are elated to have received a clean audit again this year. Results like these can only be accomplished if all team members commit to following proper protocols and guidelines. I would like to extend a sincere ‘thank you’ to all of our campus-level and district-level staff members for their hard work towards this goal,” said Marla Knaub, STISD assistant superintendent for finance.
Each fall, an independent auditor reviews the district’s financial records from the previous fiscal year as required by state and federal laws. Once the audit has been completed, STISD follows through with any audit recommendations made.