District receives clean audit

first_img Share By DINA ARÉVALOPort Isabel-South Padre [email protected] Point Isabel Independent School District received a ‘clean’ audit for the 2015-2016 fiscal year.Such was the report as presented by Victor Barron, of Brownsville accounting firm, Pattillo, Brown and Hill. “it’s a clean audit,” Barron said. “There was no material weaknesses, no significant deficiencies reported,” he said.Barron spoke of how the District began the fiscal year with a fund balance of approximately $10.7 million, which went down by $1.6 million by the end of the year, to end at approximately $8.4 million by Aug. 31, 2016.As Deputy Superintendent Henry LeVrier explained, the drop in the fund balance was due to various projects the District undertook throughout the year, including repaving the road to Port Isabel Junior High, roof repairs to an elementary school, and expenses related to improvements at the District’s athletic complex. “These were all projects that were brought to the board,” LeVrier said. “One time expenses.”Want the whole story? Pick up a copy of the Port Isabel-South Padre Press, or subscribe to our E-Edition by clicking here. RelatedSchool district gets positive financial reviewBy DINA ARÉVALO Port Isabel-South Padre Press [email protected] In a year marked by state budget cuts to public education, the Point Isabel School Board of Trustees were happy to receive positive news as they heard the findings of the district’s annual financial audit Tuesday evening. Carlos Cascos, of Brownsville accounting firm…January 19, 2018In “News”School board holds budget workshopBy DINA ARÉVALO Port Isabel-South Padre Press [email protected] The Point Isabel School Board of Trustees met Monday to continue ongoing discussions about the district’s 2018-19 budget. The finance department staff was pleasantly surprised to have received the latest report of property values from the County sooner than they had anticipated, explained…July 27, 2018In “News”County gets clean audit reportBy DINA ARÉVALO Port Isabel-South Padre Press [email protected] Despite a slight increase in revenues, the Cameron County general fund was down in 2017, with much of the budget going towards law enforcement and public safety. That was the report delivered by Carlos Barrera, a certified public accountant with Brownsville-based Long Chilton,…April 20, 2018In “News”last_img