Longview, TX — Longview ISD’s finances are in tip top shape, according to the district’s annual audit report.
The school board accepted the report in a unanimous, 5-0 vote Monday night. Trustees Sam Satterwhite and John Harrison did not attend the meeting. Auditor Karen Jacks told trustees the district received a clean opinion, noting that it was materially accurate and presented the district’s financial position fairly.
“It is the highest level of opinion,” Jacks said.
The audit showed Longview ISD had $18.5 million of unassigned money in its $39.5 million general fund balance, Jacks said. Portions of the fund balance were obligated toward various items, such as bond projects.
In her audit one year ago, Jacks recommended district administrators reach out to individual campuses to provide training and support. She said it was apparent the business office had made that effort in the past fiscal year.
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