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Board approves FY24 audit and annual financial report, reviews draft budget and elects officers; multiple routine votes pass unanimously
Summary
The Oldham County Board of Education on Jan. 27 accepted an unmodified FY24 independent audit, approved the FY24 Annual Financial Report and reviewed a draft FY26 budget outline.
The Oldham County Board of Education on Jan. 27 accepted an unmodified (clean) independent audit for fiscal year 2024, approved the district’s FY24 Annual Financial Report and reviewed a draft FY26 budget outline before taking several routine governance votes.
Gina Jones, a shareholder with LBMC (the district’s independent auditor), told the board the audit provided an unmodified opinion and reported a $13.8 million increase in net position and no audit findings on federal program compliance. “This is an unmodified or clean opinion,” Jones said while summarizing the audit and the management…
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