Fiscal Year 2022 Financial Audit Shows Budget Savings

At the Jan. 23 Board Meeting, CISD Trustees adopted the annual financial audit for the fiscal year ending Aug. 31, 2022. The audit includes a “'Statement of Revenues, Expenditures and Changes in Fund Balances” on page 31. The CISD 2021-2022 budget was adopted with a deficit of $1.8 million. The actual results showed a positive addition to the CISD Fund Balance of $420,896. The district, through conservative budgeting and fiscal management, saved approximately $3.1 million in budgeted expenditures last fiscal year. Learn more and view a full copy of the audit at go.coppellisd.com/FY22Audit