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Beaverton board receives clean audit, hears bond progress and unanimously approves $76M SIA grant agreement and other routine actions
Summary
Audit committee reported an unqualified opinion on the district's financials; bond projects are on schedule and on budget; the board unanimously approved the Student Investment Account grant agreement (roughly $76 million over the current biennium), several bond contingency allocations and routine policy and election items.
The Beaverton School District board on Dec. 9 received the district’s annual comprehensive financial report and a clean audit opinion, heard a bond program update showing major projects on time and on budget, and approved several action items including the Student Investment Account grant agreement.
Audit results and financial context: Audit committee chair Rob Drake reported the district received a clean opinion and two awards for excellence in financial reporting, calling the outcome “a gold medal” for staff work. Finance staff noted the single‑audit section will be issued separately because federal compliance guidance was delayed; district staff said they separated that piece to meet state…
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