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Public commenter alleges major discrepancies in district audit, questions board oversight
Summary
Tim Reed, a registered public commenter at the April 16 Woodland Hills School District legislative meeting, said the district's audit and related finance documents contain multiple errors and that the board may not have formally approved the auditor engagement for the 2023-24 audit.
Tim Reed, a registered public commenter at the April 16, 2025 Woodland Hills School District legislative meeting, told the board he found multiple errors in the district's audit materials and related financial reports and questioned whether the board followed district policy and state law when engaging the auditor.
"In addition to the wrong years budget being used, a $27,000,000 subsequent event was missed," Reed said, adding that "assigned and unassigned fund balances were wrong" and "the wrong tax rate was cited," and that there was "still a refund of prior year revenue discrepancy between bill lists, the annual finance report, and the…
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