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FY24 audit delayed; resident urges committee to revive independent external-audit plan
Summary
The district's FY24 financial audit was delayed while the auditor was unavailable; the auditor's report is expected in coming weeks and staff said a full presentation likely in March. During public input, a Lakeville finance official pressed the committee to restart work on an independent external audit requested by both towns.
District staff told the committee the FY24 financial audit was nearing completion but was delayed because the lead auditor was on vacation; staff said they expected minimal changes from FY23 and anticipated presenting the audit to the committee in one of the March meetings.
During public input, Christopher Blanco, chair of the Lakeville Finance Committee, asked for a status update on a previously requested independent external audit that both towns had sought last spring. "There was, requested by both towns last spring," Blanco said, asking why the working group had not reported back and urging the committee to assign responsibility and a timeline.
Committee members and public commenters recalled an earlier small working group and at least one July/August call; committee members said the group had not completed outreach to firms. A committee member volunteered to re-form or lead a subcommittee to re-evaluate whether to proceed with an independent audit and to bring a plan back to the committee at its next meeting.
Nut graf: The FY24 auditor's report remains pending; community members are pressing the committee to set a clear process and timeline for the independent external audit both towns requested.
Ending: Staff asked for questions and said they would present the FY24 audit to the committee likely in March; committee members agreed to revisit the independent-audit next steps at the following meeting.
