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.
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:
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.
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 given by Financial Compliance staff at various conferences.
To claim an exemption from investment training requirements, a school district must annually submit an affidavit identifying the exemption criteria that apply to the district.
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.
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
|Dahlinda Alaniz||463-9366||State Compensatory Education|
|Patrick Baker||936-4628||Bids & Contracts / Investigations / Transportation Reviews / CPA Reviews|
|Telvina Cole||936-6186||Bids & Contracts / Investigations / Transportation Reviews / CPA Reviews|
|Brent Droll||475-3403||Manager, Investigations and FSP Reviews|
|Gayle Escobedo||475-2372||Annual Financial Reports Desk Reviews / Depository Contracts|
|Shalonda Hurd||463-7059||Administrative Support|
|Justin Jons||475-1778||FSP Reviews|
|Leo Lopez||463-9179||Chief School Finance Officer|
|Mary Lu||475-1284||Annual Financial Reports Desk Reviews|
|Tam Mai||475-2155||FSP Reviews|
|Tiffany Martin||936-1776||Annual Financial Reports Desk Reviews|
|David Marx||463-2945||Division Director|
|Christina Page||463-9530||FSP Reviews|
|Paul Moreno||475-2228||Manager, Annual Financial Reports Desk Reviews / Depository Contracts / Fiscal Year Changes / Superintendent Buyouts|
|John Munoz||475-2032||FSP Reviews|
|Alma Obregon||475-1993||Annual Financial Reports Desk Reviews|
|Larry Simank||936-6981||Annual Financial Reports Desk Reviews|
|Thanh Quach||463-7652||Depository Contracts/ Fiscal Year Changes/ Superintendent Buyouts|
|Peggy Watts||936-6328||Annual Financial Reports Desk 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.
Phone: (512) 463-9095