A Performance Audit
A Report on State of Texas Compliance with Federal Requirements for the Research and Development Cluster for the Year Ended August 31, 2024
February 2025
Overview
The State of Texas complied in all material respects with the federal requirements for the Research and Development Cluster in fiscal year 2024.
As a condition of receiving federal funding, Title 2, Code of Federal Regulations, Section 200.501, requires non-federal entities that expend $750,000 or more in federal awards in a fiscal year to obtain annual Single Audits. The Single Audit for the State of Texas included (1) all high-risk federal programs for which the State expended more than $122,092,139 in federal funds during fiscal year 2024 and (2) other selected federal programs.
During fiscal year 2024 (from September 1, 2023, through August 31, 2024), the State of Texas expended $81.4 billion in federal funds, and it reported a total of $3.2 billion in expenditures for the Research and Development Cluster. The State Auditor's Office audited compliance with requirements for the Research and Development Cluster at eight higher education institutions, which spent approximately $2.2 billion in federal Research and Development Cluster funds during fiscal year 2024.
SCHEDULE OF FINDINGS AND
QUESTIONED COSTS
Summary of Auditor's Results
Section 1 | p. 12
Financial Statement Findings
Section 2 | p. 13
Federal Award Findings and Questioned Costs
Section 3 | p. 14
Summary Schedule of Prior Audit Findings
Section 4 | p. 29