Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Hillsboro R-III accepts clean audit, reviews midyear budget and approves several contracts
Summary
Board accepted an unmodified FY2025 audit, heard midyear budget and revenue timing that created a temporary negative cash position, discussed a $117,560.13 senior tax-credit impact, and approved payments and contracts including a $22,275 bill to Jefferson College, summer school, a three-unit John Deere Gator rental, and a bond redemption amendment.
The Hillsboro R-III Board of Education accepted a clean FY2025 audit, reviewed midyear budget dynamics and approved multiple contracts and a bond-resolution amendment at its meeting.
Auditor Phil Fernandez of Mueller, Oberpfel, and Jones reported an unmodified (clean) opinion on the district’s financial statements, compliance with Missouri requirements and an unmodified single-audit for federal programs. "We issued an unmodified opinion, which means the financial statements are presented fairly in all material respects," Fernandez told the board.
On budget…
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
