Financial Compliance

  • CALENDAR OF IMPORTANT SUBMISSION DATES

     

    Annual Financial Reports

    Each year, charter schools, education service centers, and school districts must have their annual financial and compliance report audited by an independent auditor. The resulting annual financial and compliance report must then be submitted to TEA for review.

    Depository Contracts

    A school district or charter holder must have a depository contract with any bank into which the TEA deposits state funds. For requirements and procedures related to depository contracts, select one of the following:

    Electronic Submissions

    Charter schools, education service centers, and school districts are required to submit their annual financial and compliance report in electronic format. The electronic format submission consists of two files: an Adobe Acrobat© Portable Document Format (PDF) file and a GASB data text file (the text file is not required from charter schools). In addition, most charter schools and school districts are required to submit their state compensatory education district and campus improvement plans in PDF.

    Fiscal Year Start Date Change

    The fiscal year of a school district begins on July 1 or September 1, as determined by the board of trustees of the district. In order to change the fiscal year start date, districts must file with TEA a Notification of Intent to Change the Fiscal Year Start Date form.

    Presentations

    Presentations given by Financial Compliance staff at various conferences.

    State Compensatory Education

    State Compensatory Education is programs and/or services designed to supplement the regular education program for students identified as at risk of dropping out of school. The purpose is to increase the academic achievement and reduce the drop out rate of these students.

    Superintendent Payment Disclosure Form

    The Superintendent Payment Disclosure Form must be filed with the TEA not later than 60 days following execution of an agreement to make payments of any kind to a departing superintendent or any payment under such an agreement, whichever is sooner.


    Contact Information for Financial Compliance Staff  

    The area code for all numbers is 512.
    Patrick Baker 936-4628 Bids & Contracts / Investigations / Transportation Reviews / CPA Reviews
    Elsa Dominguez 463-7652 Annual Financial Reports Desk Reviews / Depository Contracts / Fiscal Year Change
    Brent Droll 475-3403 Manager, Investigations and FSP Reviews
    Gayle Escobedo 475-2372 Annual Financial Reports Desk Reviews / Depository Contracts
    Angela Foote      463-6639 SHARS
    Shalonda Hurd 463-7059 Administrative Support
    Justin Jons 475-1778 FSP Reviews
    Leo Lopez 463-9179 Chief School Finance Officer
    David Loseke 475-2155 FSP Reviews
    Mary Lu 475-1284 Annual Financial Reports Desk Reviews
    Tiffany Martin 936-1776 Annual Financial Reports Desk Reviews
    David Marx 463-2945 Division Director
    Christina Matheny 463-9530 FSP Reviews
    Paul Moreno 475-2228 Manager, Annual Financial Reports Desk Reviews / Depository Contracts / Fiscal Year Change / Superintendent Buyouts
    John Munoz 475-2032 FSP Reviews
    Alma Obregon 475-1993 Annual Financial Reports Desk Reviews / Superintendent Buyouts
    Sunny Sadler 936-1777 Bids & Contracts / Investigations / Transportation Reviews / CPA Reviews
    Larry Simank 936-6981 Annual Financial Reports Desk Reviews
    Karen Williams 936-6982 FSP Reviews
    Yang Yang 475-3476 FSP Reviews

    A Division of Financial Compliance mailing list has been established to provide e-mail notifications of important deadlines and website updates. To subscribe, go to the TEA email updates page, enter your e-mail address, and select Financial Audits from the list on the next page.