Texas · Local government · under $2M in federal spending

Chillicothe ISD

Chillicothe, TX

The FY2023 single audit reports 1 finding: 1 material weakness, 1 with questioned costs.

No FY2024 single audit on file as of October 30, 2026. For the fiscal year ending August 31, 2024, it was due May 31, 2025, 517 days earlier. It is expected because the FY2023 audit reported $895,429 in federal spending; an organization whose federal spending fell below the threshold would not need one.

Score: 11 of 100 (FY2023 audit)

The sum of eight parts, each read from the audit. How the score works.

Part	Rule	Points	Max
Material weaknesses	8 points each	8	24
Significant deficiencies	3 points each	0	9
Repeat findings	5 points each	0	15
Longest repeat chain	2 years 3, 3 years 6, 4 years 9, 5+ years 12	0	12
Modified major-program opinions	qualified 8 each; any adverse or disclaimer 15	0	15
Questioned costs	known amount of $25,000 or more, by share and dollars	3	15
Going concern	auditor included a going-concern paragraph	0	5
Prior-year lateness	prior-year audit late or not filed, scored only with a finding	0	5
Score		11	100

Federal funding, FY2023

$895,429 in federal awards spent, across 6 programs. Largest funding agencies:

Agency	Spent
Department of Education	$679,742
Department of Agriculture	$215,687

FY2023 audit

FAC record: 2023-08-GSAFAC-0000019429
Fiscal year end: August 31, 2023
Accepted by FAC: February 5, 2024
Federal spending: $895,429 · 6 programs
Major programs: 1
Score: 11 of 100

Finding 2023-002

material weaknessquestioned costsother matters

Program: EDUCATION STABILIZATION FUND (84.425)
Compliance requirement: Reporting
Questioned costs: no amount stated
FAC record: FY2023 audit on fac.gov

Finding text from the filing

FIndiog 2023-02 - Material Weakness io internal Control over ESSER Fund Ill of the American Rescue Pian Criteria The District should maintain adequate internal control over financial reporting and federal compliance to to ensure accurate reporting in the District's financial statements and compliance with program requirements. Conditiion The District's lack of documented control procedures resulted in the District reporting $44,594 of payroll cost in excess of the ESSER Ill Fund's budgeted payroll cost of $293,629 on the expenditure report to the TEA dated August 12, 2023. Cause The District did not maintain written internal control procedures over all relevant financial reporting and compliance areas. Effect Because the District lacked written policies and procedures the District is more susceptible to deficiencies in financial reporting and compliance with laws and regulations. Recommendation We recommend that the District prepares a set of written policies and procedures of internal controls that they follow to assure a high level of assurance that financial amounts are accurate and the District is in compliance with applicable laws, regulations and policies.