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Board accepts audit with corrective action plan, adopts budget calendar and several budget transfers
Summary
The board accepted the district's audit for year ended June 30, 2024, including a corrective action plan addressing internal-control findings; it also adopted the next budget cycle calendar, appointed a budget committee member and approved multiple appropriation transfers and a supplemental budget item.
The board accepted the independent audit dated Dec. 20, 2024, for North Wasco County School District 21 for the fiscal year ended June 30, 2024, and adopted a corrective action plan addressing auditor findings.
Chief Financial Officer Randy (last name not specified in transcript) summarized key audit items: an unmodified (clean) opinion on financial statements, a deficit fund balance of $1,064,334 at June 30, 2024 tied to lower-than-forecast state school fund revenue, a prior-period adjustment of about $89,000 for debt-service items, and internal-control deficiencies the auditors classified as significant. Randy said…
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