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Auditor: District ended FY24–25 with about $11.1 million; board adopts corrective action after $85,000 year‑end payable
Summary
Acuity LLC presented the district's 2024–25 audit, reporting roughly $11.1 million in fund balance and one notable finding — an $85,000 payable that was recorded late. The board voted to accept the audit and adopt a corrective-action plan required by the Secretary of State.
Corey of Acuity LLC told the Pleasant Hill School District board that the district finished fiscal year 2024–25 with about $11,100,000 in fund balance and approximately $8,440,000 of that unassigned in the general fund. "Overall, the district ended the fiscal year with about $11,100,000 in fund balance," Corey said during the audit presentation.
Corey said auditors found two journal entries requiring explanation and one payable that had…
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