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Board hears monthly budget report; staff describe monthly reconciliations and audits
Summary
Deputy Superintendent Scott Jones told the Utah State Board of Education the agency performs monthly reconciliations with State Finance (VantageNow), is subject to state and federal audits (MSP and single audit), and has submitted its year-end closing packet for FY25. Board members requested training and drill-down access to spending details.
Deputy Superintendent Scott Jones briefed the Utah State Board of Education on the agency's required monthly budget report on Sept. 11, saying staff had submitted the year-end closing packet for state fiscal year 2025 and are performing monthly reconciliations with the state finance system (VantageNow). Jones said the USBE is subject to external audits including the Minimum School Program audit by the Office of the State Auditor and the Single Audit for federal funds above the federal threshold, and that month-to-month reconciliations were instituted after the…
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