Fond Du Lac School Board Prepares for Independent Financial Audit This Week

The Fond du Lac School District Board meeting held on August 11, 2025, focused on key financial updates and the upcoming independent financial audit. The meeting began with a reminder of the importance of the audit process, which is conducted by Erickson and Associates, an independent auditor contracted by the school board. The audit is a critical component of accountability, ensuring that the district's financial activities from the previous fiscal year are accurately reported and managed.

During the meeting, it was noted that the auditors would be conducting fieldwork from August 13 to 15, which involves testing various financial transactions, including checks and payroll processes. This independent review is essential for maintaining transparency and accountability to both the state and the public.

The discussion then shifted to the district's budgetary framework. The board had previously adopted a balanced budget for the 2025-2026 fiscal year, based on the assumption of no new increases in state funding. This conservative approach necessitated significant staff reductions to align expenses with projected revenues. The board emphasized the need for ongoing discussions about potential new revenue sources, particularly through referendums, to ensure sustainability in the future.

Overall, the meeting underscored the district's commitment to financial integrity and the challenges it faces in maintaining a balanced budget amid uncertain state funding. The board plans to continue addressing expense reductions while exploring avenues for increased revenue to support its educational mission.