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Board approves external audit engagement with CliftonLarsonAllen amid board questions about long tenure
Summary
The board authorized CliftonLarsonAllen LLP to conduct the FY2025–26 external financial and single audits at $98,875; several board members raised concerns that CLA has been the district’s auditor since 2009 and asked the audit committee to consider an accelerated RFP cycle.
The Poudre School District Board approved a recommendation from staff and the audit committee to engage CliftonLarsonAllen LLP (CLA) for $98,875 to conduct the fiscal year 2025–26 external financial audit and single audit of federal awards.
CFO Dave Montoya described the required annual audit and the competitive selection process conducted by the audit committee and staff. "We are actually entering the third year of a five-year potential engagement," Montoya said, explaining that the district’s procurement process allows multi-year awards subject to periodic re-evaluation.
Several board members pressed staff and the audit-committee process after learning CLA has audited the district since July 2009. One director said a long-term relationship could reduce scrutiny and recommended accelerating a future RFP to obtain fresh eyes; Montoya and staff said partner rotation within the firm and committee review are part of the oversight.
Despite the questions, the board approved the engagement as recommended; the vote was recorded in the transcript with the motion passing and a roll call that was read as passing (transcript records a motion "passes five zero"). One director urged the audit committee to reexamine selection criteria and timing in future procurement cycles.
Contract details: The recommended engagement amount was $98,875 for the annual external financial audit and the single (federal awards) audit for FY2025–26. Staff said the audit committee includes community members and two board directors who participate in selection and oversight.
