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Board holds first reading on audit policy; staff note single-audit threshold will rise to $1,000,000
Summary
The board heard a first reading of revisions to Policy DIE/Regulation DIE to align with federal and state auditing standards, including updating the single-audit threshold to $1,000,000 for fiscal year 2026 and clarifying that the threshold is a cumulative annual total of federal grants; the item will return for a second reading.
At the Feb. 24 meeting the Catalina Foothills Unified School District Governing Board took up a first reading of revisions to Policy DIE and Regulation DIE, which govern audits and financial monitoring. The revisions update wording to reference United States Generally Accepted Auditing Standards, Uniform Guidance (2 CFR Part 200), and a new single-audit threshold.
Dr. Ba…
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