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Board hears budget update, approves 2025–26 audit contract and tables procurement-card policy
Summary
Finance staff reported fiscal-year spending percentages and federal funding stability; the board approved a 2025–26 audit contract with Anderson Smith & White PLC (not to exceed $65,550) and tabled a draft procurement-card policy for further legal review and edits.
Finance staff updated the board on the district’s fiscal status and audits and recommended board action on contracting and procurement policy.
Mr. Nolan reported the district is about two-thirds through the fiscal year and presented expenditure rates: state funds at 68.54% spent, local funds at 69% and federal funds at 54.2% (federal funds can be rolled forward). He said the 2024–25 audit was accepted by the Local Government…
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