Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
District accepts FY2025 single audit; finds one reconciliation deficiency and enacts controls
Summary
The board accepted the fiscal‑year 2025 single audit, which included one audit finding tied to untimely reconciliation with the county treasurer; finance staff described an updated monthly checklist, additional review steps and a corrective timetable intended to prevent recurrence.
Gilbert Public Schools officials presented the FY2025 single audit on March 31 and the board accepted the report by roll call. Auditors reported a single finding related to the timeliness of cash reconciliation with the county treasurer; staff said the issue stemmed in part from turnover in a key finance position and that the district corrected the beginning balances and submitted a revised AFR…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
