What is a Single Audit for school districts?

A Single Audit is a federally required annual audit for organizations that spend $750,000 or more in federal funds. It examines whether federal money was used properly and whether internal controls are adequate. School districts receiving Title I, IDEA, or other federal grants must undergo this audit.

What do audit opinions mean (Unmodified, Qualified, Adverse)?

An Unmodified opinion means the auditor found no material issues — the district's finances are fairly presented. A Qualified opinion means there were specific issues, but the rest of the financials are reliable. An Adverse opinion means significant problems were found that affect the overall financial statements.

What is a Financial Profile designation?

State education agencies assign each district a Financial Profile score (1-4) based on fund balance, expenditures, and debt. A score of 4 (Recognition) is the healthiest. A score of 1 (Financial Watch) signals serious financial distress requiring state oversight.

What are audit findings and corrective action plans?

Audit findings are specific problems identified during the audit, such as missing documentation, noncompliance with grant terms, or internal control weaknesses. For each finding, the district must submit a corrective action plan explaining how they will fix the issue and prevent it from recurring.

Houston, TX

CSAHouston-Pasadena MSAHouston-Pasadena-The Woodlands#1/127 Population

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Houston School Audits

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Audits & Financial Healthi

No audit or financial health data is available yet for school districts serving this community. Audit data comes from the Federal Audit Clearinghouse and covers districts that spend $750,000 or more in federal funds. Financial health scores are published annually by the state education board.

What are school district audits & financial profiles?

Single Audits are required by federal law for any organization spending $1M+ in federal awards. An independent auditor reviews financial statements and compliance with federal program requirements.

An unmodified (clean) opinion means no significant issues were found. A material weakness indicates a serious gap in financial controls that could lead to misstatement of financial reports.

Financial Profile evaluates each school district on five financial indicators — fund balance, spending patterns, cash reserves, and debt levels — assigning a score from 1.00 to 4.00 and a designation:

Recognition: Strong financial position (3.50-4.00)

Review: Adequate financial position (2.50-3.49)

Early Warning: Potential concerns (1.50-2.49)

Watch: Significant concerns (1.00-1.49)

Sources: FACNCES

Explore other education data for this community:

School Performance Spending Per Pupil Funding & Adequacy Staff & Teachers