On Nov. 11 the Kennett Consolidated School District board accepted the independent auditors' report for the fiscal year ending June 30, 2024, which the presenters described as an unmodified (clean) opinion.

“ The district received a clean or technically known as a unqualified or unmodified…a clean audit,” Mr. Tracy said while presenting the auditors' 35-page report prepared by Barbara Kane Thornton and Company; the board subsequently approved acceptance of the audit.

Finance committee members also reported that the district secured a $1,700,000 grant through the Redevelopment Assistance Capital Program (RACP) targeted to New Garden Elementary School construction, and discussed debt service and billing allocations tied to the capital plan. Mr. Finnegan described the grant and said the debt service structure is designed to fund both elementary schools without increasing local taxes.

Board members reviewed and approved multiple bill lists presented by the business office: general operating checks and disbursements of $2,818,990.27 (Oct. 15–Nov. 11) plus $1.8 million in payroll disbursements; an athletic fund bill list (~$6,815); internal service/self-insured healthcare (~$1,078,741.80); a capital reserve list (~$5,208,000); a capital projects fund list (~$5,366,039.44); and a food-service bill list (~$151,935.16). The board approved the bill lists by voice vote.

The business office noted food-service monthly net profit (~$127,000) and year-to-date net (~$171,000). Administrators reminded the public that detailed reports are on BoardDocs and thanked the business department for internal controls that supported the clean audit.