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Klamath County SD receives clean audit, sets budget calendar for May–June adoption
Summary
District finance staff reported a clean (unmodified) audit opinion and presented the proposed 2025–26 budget calendar (May meetings and June adoption). The board accepted the audit and adopted the budget calendar.
Klamath County SD reported to the board that auditors issued an unmodified (clean) opinion on the district’s annual financial report for the fiscal year ended June 30, and the board accepted the annual comprehensive financial report.
In the board packet, staff provided a financial snapshot as of Dec. 31: year‑to‑date revenue of $74,000,000 (inclusive of an audited beginning fund balance the presenter read aloud), collections of about 57% of state school fund revenues, and local revenue collection at roughly 84% for the November–December period. Staff reported general fund expenditures of approximately $7,700,000 year‑to‑date and noted salaries and benefits and other personal services breakdowns; the presenter said December expenditures were roughly $900,000 under planned expenses for the month.
Janet (district staff member) reported auditors gave a clean opinion with no audit findings and noted that two federal audits also had no findings. The district said it had one adjusting entry and that staff had submitted documentation for the Government Finance Officers Association certificate of excellence for the tenth consecutive year and had already submitted for 2023–24.
On the budget calendar, staff proposed three budget work sessions: May 1, May 8 and May 15 (if needed), with final adoption at the regular board meeting on June 12; the first two sessions were to begin at 5 p.m. The board adopted the proposed budget calendar by motion.
Separately, the board moved to accept the annual comprehensive financial report for the fiscal year ended June 30, 2024; the motion was seconded and approved by voice vote.
Board members asked follow‑up questions about collections, special revenue funds (ESSER winding down) and timing; staff said they expect to return with detailed budget materials in the spring.
