Hallsville ISD hires new auditor
AS REPORTED IN THE LONGVIEW NEWS-JOURNAL:
Trustees on Monday hired an auditor familiar with "Robin Hood" school districts to audit Hallsville ISD's 2009-2010 financial records, and toured the new high school under construction.
The school board in a 7-0 vote, unanimously agreed to hire Austin-based West Davis and Co. to conduct its annual audit. The agency currently serves three Chapter 41 districts, according to Gary Davis, a partner in the company. Chapter 41 "property-wealthy" districts must return money to the state to be redistributed to "property-poor" school districts.
The district is paying $19,500 for the auditing services, which are due to the state in January — putting the district in a time crunch to hand over records and get the process started.
Hallsville ISD ended its contract with former auditors Knuckols, Duvall, Hallum and Co. after the agency failed to find missed Chapter 41 payments and state overpayments in previous audit reports.
The district in September took out a $7.3 million loan and pulled $5 million from its fund balance to pay state money after it was determined the district missed several Chapter 41 payments and didn't report an overpayment from the state in 2007-2008 and 2008-2009. The district has blamed former finance director Tim Brittain for the missed payments.
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