The Boerne ISD Board of Trustees received a clear financial report from independent auditors at its special meeting Monday, November 16.
The audit firm of Armstrong, Vaughan & Associates, based in Universal City, presented the audit of the 2014-15 fiscal year to the board, noting that there were no adjustments recommended, no findings and no disclosures as a result of the annual process.
Boerne ISD has a $65 million operating budget. The district closed the fiscal year with an increase to the fund balance of almost $500,000. Notably, the district collected 98.5 percent of current taxes levied, one of the highest collection rates among neighboring districts.
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