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District finance director reports audit delays, CTE revenue questions and federal grant timing

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Summary

The district finance report said the external audit remains unfinished due to misfiled records and a two-year review, building rental revenue for the CTE center is unlikely this year, and some federal grant dollars will roll to the next fiscal year.

Williston Basin School District 7’s monthly financial report highlighted several items for the board: the external audit is still pending, some local revenue lines may be miscoded, the CTE center’s building-rental revenue is unlikely to appear this fiscal year, and a portion of federal grant dollars will roll into the next fiscal year.

The finance presenter said auditors are still compiling materials and that delays reflect the scope of a two-year audit and locating records that were filed differently.…

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