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

Cushing Independent School District

Cushing, TX

The FY2024 single audit reports no findings. Audits on file for FY2023–FY2025: FY2023, FY2024.

No FY2025 single audit on file as of October 30, 2026. For the fiscal year ending August 31, 2025, it was due May 31, 2026, 152 days earlier. It is expected because the FY2024 audit reported $1,011,068 in federal spending; an organization whose federal spending fell below the threshold would not need one.

Score: 0 of 100 (FY2024 audit)

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

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

Federal funding, FY2024

$1,011,068 in federal awards spent, across 7 programs. Largest funding agencies:

Agency	Spent
Department of Education	$690,948
Department of Agriculture	$320,120

FY2024 audit

FAC record: 2024-08-GSAFAC-0000347480
Fiscal year end: August 31, 2024
Accepted by FAC: January 6, 2025
Federal spending: $1,011,068 · 7 programs
Major programs: 1
Score: 0 of 100

No findings reported.

FY2023 audit

FAC record: 2023-08-GSAFAC-0000017163
Fiscal year end: August 31, 2023
Accepted by FAC: January 8, 2024
Federal spending: $1,027,928 · 7 programs
Major programs: 1
Score: 11 of 100

Finding 2023-001

significant deficiencyrepeat finding

Program: EDUCATION STABILIZATION FUND (84.425)
Compliance requirement: Other
Repeat: Chain of 2 audit years; prior finding 2022-001
FAC record: FY2023 audit on fac.gov

Finding text from the filing

2023-01 - Segregation of Duties

Condition: Due to the limited number of personnel and changes in staff during the period audited, a total

segregation of certain accounting functions was not possible.

accounting functions, especially, to limit the functions of recording, authorizing and custody.

Effect: As a result, during the audit period, operation of procedures might not have allowed

management or employees, in the normal course of performing their assigned functions, to

prevent, or detect and correct misstatements on a timely basis.

Cause: The Board of Trustees and management is actively changing personnel responsibilities and

procedures to limit the risk.

Recommendation: We recommend that the Board of Trustees continue to monitor the internal accounting control

procedures in use to assure that compensating controls are being utilized to provide assurance

that assets are safeguarded and transactions are proper and recorded in a timely manner.

These actions would mitigate, but not eliminate the risk of misstatement or misappropriation.

Contact: Superintendent

Timeframe: Ongoing

Criteria: The District continues to establish procedures that would ensure proper segregation of certain