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Board approves corrective action plans after audit finds accounting and grant-charging errors
Summary
After an auditor identified ledger discrepancies tied to a new GASB sick-leave reporting requirement and a $750 stipend charged to a Title I grant, the board approved corrective action plans and system-control changes to prevent recurrence.
The board voted to approve corrective action plans addressing two audit findings for the fiscal year ending June 30, 2025. Kim, the district finance/business officer (speaker S9), told the board the first finding stemmed from implementing a new Governmental Accounting Standards Board (GASB) guidance that requires districts to report the dollar value of…
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