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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 the comparison between governmental/budgetary accounting and GAAP treatment (noting a short-term 10‑note repayment) explains part of the fund-balance presentation and that the repayment corrected timing differences.
Auditors also noted findings tied to student-body bookkeeping, required invitations to private schools for federally funded after‑school programs (the district corrected invitations), and an instance where a construction management contract for roughly $130,000 was not competitively bid as required. Randy presented a corrective action plan and said most items already are being addressed.
Director Nelson moved to accept the audit report and corrective action plan; Director Wenillage seconded. The board approved the motion by voice vote; all present said "aye."
Other finance and governance actions taken that evening included: - Adoption of the 2025–26 budget calendar (motion carried by voice vote). - Appointment of Bradley D'Orso to a two‑year term on the budget committee, expiring June 30, 2026 (motion by Director Richardson; appointment approved by voice vote). - Readoption of a prior appropriation transfer resolution and adoption of transfers related to Perkins (motions approved by voice vote; clerical clarifications were made during the meeting). - Adoption of a supplemental budget (Resolution 24‑25‑28) to recognize increased internal‑service revenue and appropriate corresponding expenditures tied to a transportation contract with Sherman County.
CFO Randy also briefed the board on near-term enrollment and revenue estimates: an estimated membership of 2,805 for budgeting, concerns about a small incoming kindergarten class, potential federal reductions to some grants (title 1 cited as a risk), and the district's cash‑flow focus through the end of the fiscal year. He noted food service currently averages roughly 1,400 lunches served daily.
