Basis Texas Charter Schools, IncNon-Profit

Subject: Management Response to FY 2024 Audit Findings The management of BASIS Texas Charter School, Inc. acknowledge receipt of the following finding for the audit year FY 2024. While agreeing with the findings, management submits the following as its response: Finding 2023-001: Procurement – Significant deficiency in internal control over compliance finding. Management Response Management will develop a tracking system to ensure all new personnel receives the required procurement and purchase training prior to having the ability to engage in any purchases. Parties Responsible: VP of Accounting Accounts Payable and Procurement Manager Senior Accountant The Corrective Action Plan will be put in place no later than January 1, 2025. Please let us know if you have any questions. Andrew Freeman Executive Director