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Auditor reports no findings on sampled federal awards; board approves finance and business consent dockets
Summary
Auditors presented the annual audit showing general fund balances and federal-award testing; the board approved the finance consent docket and business consent docket items and moved to convene an executive session on personnel.
The district’s independent auditor reviewed Yukon Public Schools’ annual financial audit and reported no findings for the sampled federal-award areas the auditors examined. The board then approved finance and business consent dockets and later approved a motion to convene an executive session on personnel.
Jay Stace of S & B CPAs summarized the audit in detail. He said the district reported approximately $27 million in assets in the general fund and an unassigned general fund balance of about $16,072,000. Stace described long-term debt and bond balances,…
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