The District has received the Annual Financial Audit Report for the Fiscal Year 2025 ending on Sept. 30, 2025. Once again, the District Financial Audit resulted in an unmodified, clean report reflecting the financial health of the District is solid.

The annual audit is conducted by an independent auditing professional and is a comprehensive review of the District’s financial statements, transactions and compliance with regulations. The audit reinforces the Board of Director’s ongoing commitment to fiscal responsibility, cash reserves and community needs.

Highlights

• The Debt Service is steadily decreasing due to the Board’s commitment to building cash reserves and not issuing debt for projects
• A healthy reserves fund balance in equivalent to eight months of expenditures following recommendations from the Governmental Finance Officers Association
• Our financial practices have been thoroughly scrutinized to ensure compliance with all applicable laws and regulations, demonstrating our commitment to ethical and lawful financial management.

You can access the full financial audit report on our website or by contacting us at 682-831-4600.