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Finance update: November revenues/expenditures, audit consultant engagement and grant outcomes

Caroline County School Board · December 16, 2025
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Summary

Finance staff reported November operating revenues of $3.33M and year-to-date combined revenues of $26.8M; the county engaged UHY Advisors for audit consultation, and the division reported it did not receive award on three state construction grant applications.

The board received a financial update and procedural briefing on the year-end audit and recent competitive grant results.

Finance staff reported November operating revenues of $3,330,000 and year-to-date operating revenues of $24,900,000 (38.11% of the annual budget). Special fund revenues were $489,000 in November (YTD $1,900,000, 23.64% of budget). Combined total revenues for November were $3,800,000 with a year-to-date total of $26,800,000 (36.5% of overall revenue…

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