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Crook County SD reports audit clearances, flags potential property tax holdback from PacificCorp lawsuit
Summary
District finance staff told the board the district’s interim audit found no accounting or compliance issues but warned property-tax receipts may be reduced temporarily while the county withholds funds tied to a PacificCorp litigation. Staff proposed using excess reserves and a budget-resolution next month to smooth next year’s budget.
The Crook County School District finance director reported to the board that auditors found no accounting or compliance issues in the district's interim audit and offered only routine best-practice suggestions.
That positive audit update was accompanied by a caution: the county has begun withholding some property-tax distributions because of a pending lawsuit involving PacificCorp. Finance staff said the withholding could reduce property-tax receipts this fiscal year and that the lost…
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