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District outlines independent audit schedule and Act 1 budget timeline ahead of fall deadlines
Summary
Finance staff described the district’s audit timeline — including fieldwork, report submission and the federal single-audit schedule — and reminded the board that the Act 1 budget process will start in September with a preliminary state base index of 3.5%.
Cheltenham School District staff described timing for the independent fiscal audit and documentation the district must submit, and reviewed the Act 1 budget timeline for 2025–26.
Mr. Swagger said the district will solicit audit services via RFP in the spring when the audit contract expires, that auditors typically perform transactional testing in July and complete fieldwork in…
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