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Audit shows fewer deficiencies; board approves annual comprehensive financial report and single audit
Summary
The board approved the district's annual comprehensive financial report and single audit for the year ending June 30, 2024; auditors reported a drop in reported deficiencies from 46 in 2023 to 28 in 2024 and described a corrective action plan tied to closing student activity accounts.
The Casa Grande Union High School District governing board on April 14 approved the annual comprehensive financial report and single audit package for the year ending June 30, 2024.
An auditor briefing to the board noted that reported deficiencies fell from 46 in fiscal year 2023 to 28 in fiscal year 2024. The auditor explained that the categories reviewed span 18 audit areas; three categories had no findings (budgeting, classroom site fund and records management) and two categories were not applicable this year (central supplies inventory and long-term debt because no bonds were issued in 2024).
Audit staff described one in-process significant deficiency identified in 2023 that remains open while corrective steps continue. As part of corrective actions, the district plans to close student activities and auxiliary accounts currently held at a third-party bank (Wells Fargo) and transfer balances to the county treasurer to simplify reconciliation. The district expects the corrective action completion timeline to move from an earlier 2026 date up to June 2025 owing to that account consolidation.
Director of Finance Veronica Price and auditors said the remaining findings were procedural and did not indicate dishonest activity. Board members praised finance and HR staff for completing and filing required materials on time.
The board moved and seconded to approve the annual comprehensive financial report and single audit reporting package; the motion passed as presented.
