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Flagler schools present clean 2023–24 fiscal audit; finance staff cite stability and training

3318833 · May 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The district reported a clean fiscal audit for the 2023–24 year with no findings or adjustments, which staff attributed to consistent personnel, training and close auditor general relationships. Board members praised the result and probed staffing continuity.

Flagler County School District staff told the school board on June 17 that the district’s auditor general fiscal and federal audit for fiscal year 2023–24 returned no audit findings and required no adjustments.

Why it matters: A clean audit indicates the district’s financial statements and federal grant management met state auditor expectations and increases confidence in budget reporting and stewardship of public funds.

What staff reported: Chief finance officers and finance staff said the Office of the Auditor General performed the required rotation of federal grant audits (typically Title I, IDEA and school food service) and found no exceptions. District presenters said the result stems from consistent staffing in finance, regular state and professional training, cross‑training of team members and a long‑standing cooperative relationship with the auditor general’s office. Staff said they regularly consult the auditor general on new governmental accounting standards (GASB) and other changes.

Board discussion: Board members praised the finance team’s work and asked about retention plans for key staff, given the importance of continuity. Finance staff said they emphasize professional learning, cross‑training and standard operating procedures so responsibilities are documented and not person‑dependent; they also rotate responsibilities about every two years to ensure institutional knowledge is shared.

Context and next steps: Presenters noted the district’s fund balance has improved in recent years; in 2022 a low reserve prompted a directive to restore reserves, and subsequent actions raised the fund balance toward board policy targets. Staff warned enrollment declines this year will put pressure on revenues and that maintaining reserves and monitoring enrollment will be priorities.

Ending: The board accepted the report. Staff will continue professional development and return any required audit documentation as part of the consent agenda for formal acceptance.