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Board approves Minority Business Enterprise utilization plan; finance reports low-risk audit score
5681004 · August 26, 2025
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Summary
Finance Director Cherry Smith reported the district closed FY 2024–25 near budget, earned a low-risk subrecipient score, and the board unanimously approved a minority business enterprise utilization plan.
Finance Director Cherry Smith told the board the general fund revenue picture through June 2025 showed $66,173,520 in revenue received (about 98% of budget) and year-to-date expenditures of $65,000,002.46 (about 95% of budget), leaving a variance of roughly $927,000.
“We received our subrecipient risk assessment score from the South Carolina…
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