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Bath County board accepts clean FY24 audit, approves two construction change orders and bus purchases
Summary
At its Oct. 20 meeting the Bath County Board of Education received a clean FY24 audit, approved two small construction change orders (a $2,026 soffit adjustment and a $7,873 compressor relocation), accepted a KET technology offer, approved purchase of two buses, and adopted a revised expense‑reimbursement policy.
Bath County Board of Education members on Oct. 20 accepted a clean independent audit of the district's FY24 financial statements and took a series of routine fiscal and construction votes, including approval of two contract change orders and the purchase of two buses.
An auditor presenting the district's annual financial report said, “In our opinion, the financial statements are fairly presented ... with generally accepted accounting principle,” and reported no material weaknesses or significant deficiencies in internal control. The auditor summarized key figures from the FY24 statements: beginning cash of about $20.3 million, ending cash of about $25.8 million (an increase of roughly $5.5 million); general‑fund revenues of about $18.4 million and expenses of about $18.6 million; total assets near $72.4…
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