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Chico Unified accepts fiscal 2024–25 independent audit; two findings had fiscal impact

Chico Unified School District Governing Board · January 22, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Auditors reported four findings for 2024–25 (two compliance-only and two with fiscal impact). One early TK enrollment reduced revenue by about $51,000 and an ADA formula error resulted in an increased revenue adjustment of approximately $296,000; the board adopted the audit.

The board accepted Chico Unified’s 2024–25 independent financial audit during the meeting.

An external audit firm (Horton McNulty & Saytern) reported four findings in the audit packet: two were compliance‑only (associated student body internal controls…

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