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Board accepts unmodified audit and hears 10% insurance premium increase; summer school and assessment results presented
Summary
Auditors gave Millard Public Schools an unmodified opinion on fiscal-year 2025 financials; the district reported a 10% insurance premium increase driven mostly by property insurance, a 2,371-student summer program and state assessment results that the district contextualized for the public.
The Millard Public Schools Board received and filed the district audit for the fiscal year ending Aug. 31, 2025, which the auditors presented with an unmodified opinion. Tim Lehi of Bergen KTV told the board the financial statements, prepared on the cash basis as allowed by the state, were presented in accordance with standards and that audit testing of federal programs identified no compliance findings in the work performed; the final single-audit issuance remains pending receipt of a federal compliance supplement.
Board members followed with questions about procurement thresholds and internal control observations. Auditors noted that the district complied with its adopted budget and that the testing covered child nutrition as a major program; they identified no material weaknesses in internal controls in the report presented.
Separately, the board heard an insurance and risk-management renewal summary from Bill Unger of FNIC Group. Unger said the district received a roughly 10% overall premium increase, largely tied to higher property replacement-cost valuations that increased the premium by about $190,000. He said the district carries large deductibles, that workers' compensation performance is favorable versus loss forecasts, and that most liability exposures were well-controlled.
The board also received reports on assessment results and summer programming. District assessment staff reviewed INSCAS (state) test results made public the prior Wednesday and noted how state accountability and ACT-readiness thresholds differ from classroom measures; the board discussed communicating results to the public to avoid misinterpretation. Dr. Triple reported that 2,371 students attended the district’s most recent summer school, and outlined programs offered at elementary, middle and high school levels including reading, math, STEAM explorations and credit recovery options that led to 22 summer graduates.
The board accepted the audit and the insurance report and discussed next steps for communicating assessment results and sustaining summer programming. The meeting moved on to contract awards and later to executive session for personnel.
