AUDIT COMMITTEE

The Carroll School Board formed an audit committee during the 2006-2007
school year. This committee is made up of volunteers from the CISD
community with expertise in accounting and finance.

The Audit Committee reviews the annual audit and financial statement
reports for Carroll ISD. The audit committee also interviews the
independent auditors in regards to internal controls, management letter
recommendations, and other CISD accounting processes prior to making
recommendations to the Board of Trustees in approving the Final Audit
Report and Financial Statements.