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District receives interim audit update; staff flags state budget timing and pending governor’s May revision
Summary
District staff presented the 2024–25 interim audit work in progress, reported ESSER and other federal program balances, and said the district is waiting for the governor’s revised budget; staff also summarized state economic indicators including a lawsuit over trade tariffs that could affect state revenues.
District finance staff gave an interim financial update covering ledger activity through March and the external audit work in progress for the 2024–25 interim audit.
Staff said auditors are reviewing internal controls, system access, federal programs and general ledger activity through March. Staff noted the district has three federal programs with balances over $750,000 for the year, including an…
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