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Franklin SSD approves annual audit contract with Matlock Clements for $29,070

5810842 · September 8, 2025
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Summary

The Franklin Special School District board approved two fixed‑fee audit contracts with Matlock Clements, PC for the period July 1, 2025, through June 30, 2026, at a fixed fee of $29,070 (the fee applies to both the district audit and school activity funds audit). The agreement was recommended by staff and the fee is unchanged from the prior year.

The Franklin Special School District Board of Education approved Sept. 8 an annual contract with Matlock Clements, PC to conduct audits for the 2025–26 fiscal year.

District staff recommended two contracts: one covering the district accounts and one covering individual school activity funds. Each contract carries a fixed fee of $29,070 for the audit period July 1, 2025, through June 30, 2026; staff said the fee is the same as the 2024–25 audit.

A motion to approve the audit contract was made and carried on a roll call vote. The roll call recorded yes votes from Mister Townsend, Robin Newman, Lena Bell and Mister Stillings; the board chair declared the motion approved.

The board did not discuss changes to the audit scope during the meeting. Implementation tasks will proceed through the district finance office to schedule fieldwork and provide requested documentation to Matlock Clements, PC.

Clarifying details discussed included the contract period (07/01/2025–06/30/2026), the fixed fee of $29,070 and that there are separate contracts for the district account and school activity funds. No additional charges or alternative fee structures were mentioned in the meeting.

The board took no other action on auditing matters at the meeting.