REQUEST FOR QUALIFICATIONS (26-001) ANNUAL FINANCIAL AUDIT SERVICES

The Princeton Independent School District is seeking a public accounting firm to perform the annual audit for fiscal year 2026. The audit will be performed in accordance with generally accepted government auditing standards and state board of education auditing rules. The selected firm will be required to provide one camera-ready copy of the final comprehensive annual financial report, submit 11 copies of the final compensatory education audit (if applicable), and present the audit report to the board of trustees. The firm will also be required to provide a management letter containing comments oriented toward constructive improvements. Key points to consider: • The district has a membership of approximately 11,500 students in grades prekindergarten through 12, on 15 campuses. • The 2025-2026 beginning General Fund operating budget was $133,158,357. • The district expended federal financial assistance for several programs, including National School Lunch Program, ESEA Title I Part A – Improving Basic Programs, IDEA-B Formula, ESEA TITLE II – Teacher and Principal Training and Recruiting, Title III-Part A English Language Acquisition and Language Enhancement, and various other grants. • The audit will include procedures applicable to compensatory education funds as required by Module 6 of the FASRG, if necessary. • The district intends to sell bonds from time to time, which may require the audited financial statements and Auditors opinion to be printed in total or as a part of the section of or addendum to the official statement for bond issues.