Financial Compliance




Annual Financial Reports

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

Depository Contracts

A school district orcharter 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 submittheir annual financial and compliance report in electronic format. The electronic format submission consists of two files: an Adobe Acrobat© Portable Document Format (PDF) fileand a GASBdata text file (the text file is not required fromcharter 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 TEAa Notification of Intent to Change the Fiscal Year Start Date form.


Presentations given by FinancialCompliance staff atvarious 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.
Baker, Patrick936-4628Bids & Contracts / Investigations / Transportation Reviews / CPA Reviews
Dominguez, Elsa463-7652Annual Financial Reports Desk Reviews / Depository Contracts / Fiscal Year Change
Escobedo, Gayle475-2372Annual Financial Reports Desk Reviews / Depository Contracts
Hudspeth, John463-9532Annual Financial Reports Desk Reviews
Hurd, Shalonda463-7059Administrative Support
Jons, Justin475-1778FSP Reviews
Loseke, David475-2155FSP Reviews
Marx, David463-2945Division Director
Matheny, Christina463-9530FSP Reviews
Martin, Tiffany936-1776Annual Financial Reports Desk Reviews
Moreno, Paul475-2228Manager, Financial Desk Reviews / Fiscal Year Change / Superintendent Buyouts
Munoz, John475-2032FSP Reviews
Obregon, Alma475-1993Annual Financial Reports Desk Reviews / Superintendent Buyouts
Richmond, Michael475-3403Manager, Investigations and FSP Reviews
Sadler, Sunny936-1777Bids & Contracts / Investigations / Transportation Reviews / CPA Reviews
Simank, Larry936-6981Annual Financial Reports Desk Reviews
Suarez, Marcia475-1779FSP Reviews
Williams, Karen936-6982FSP Reviews
Yang, Yang475-3476FSP Reviews

A Division of FinancialCompliance 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 FinancialAudits from the list on the next page.

Division of Financial Compliance
Phone:(512) 463-9095