Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
SC Public Charter School District Board accepts clean audit, reports $2.5M general fund balance
Summary
The board accepted the district—s fiscal year 2024 audited financial statements on Dec. 12, 2024, after auditors Malden and Jenkins issued an unmodified opinion; board members noted $2.5 million in the general fund and said 11 charter schools submitted audits late and will face corrective action.
The South Carolina Public Charter School District Board of Trustees voted Dec. 12 to accept the district—s audited financial statements for the fiscal year ended June 30, 2024, after auditors Malden and Jenkins issued an unmodified (clean) opinion.
Deputy Superintendent of Financial Services Nick Michael introduced the report and turned the presentation to Brian Nicholson, engagement director with Malden and Jenkins. Nicholson told trustees the audit was performed in accordance with generally accepted auditing standards and government auditing standards and that the firm found no material weaknesses, no significant deficiencies in internal control…
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
