The district’s external audit representative briefed the board on the fiscal‑year audit approach, scope and timetable, including internal‑control testing, substantive procedures and single‑audit timing for federal grants.

The auditor said the work begins with a risk assessment of internal controls and review of changes such as payroll testing, hiring and termination testing, and internal claims audit procedures. She said capital‑project spending and bond receipts will be examined and compared to board approvals and the capital asset inventory will be reconciled for additions and retirements under GASB rules.

The auditor described the schedule: internal control assessment work was completed earlier in the year; substantive fieldwork is planned for the week of August 11; draft financial statements and management letters are expected in late September or early October; the federal single audit and filing with the Federal Audit Clearinghouse are planned in late 2025 into early 2026.

Board members asked questions about reserves, revenue recognition, and the timing of large bond receipts and expenditures. The auditor said variability in the general‑fund and capital‑project bank balances can be driven by the timing of bond issuance and capital cash flows.

No formal board action was required; the presentation was informational and the auditor will return with draft reports when the substantive work is complete.