Magnolia ISD posts perfect financial integrity score, approves preliminary year‑end budget amendment

Dr. Morris presented the district’s Financial Integrity Rating System results and announced MISD received a perfect score — "100 out of a 100" — the first perfect outcome since the model was adjusted in 2015. He credited district business office staff and board decisions for maintaining strong financial controls and compared MISD's position favorably to neighboring districts.

Morris also reviewed a preliminary prior‑year amendment for the general fund, reporting a gross surplus of about $3.4 million (mainly attributable to a one‑time TEA payment tied to a 23‑24 property value audit), proposed transfers (approximately $1.65 million to workers’ compensation and about $1.0 million to a new 401(a) matching plan), and noted that auditors will reconcile final numbers. Trustees approved the budget amendment by motion.