Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
District audit delayed pending federal guidance; FEMA application, new grants and enrollment assumptions affect budget outlook
Summary
District finance staff said auditors are pausing final audit reports until the federal compliance supplement is released, recommended requesting extensions past Dec. 15, and described a FEMA grant application (no local match) plus a newly awarded grant increasing forecasted revenue by about $2.1 million; staff also raised revenue assumptions tied to a 50-student enrollment increase.
Finance staff told the board the district is finalizing its independent audit but auditors are awaiting the U.S. Office of Management and Budget's final compliance supplement, which has delayed completion of federal-program testing and the district's ability to file audit reports with the county and state by the usual Dec. 15 deadline.
"The federal office of management and budget, they have not released their…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
