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Board adopts revised audit regulation reflecting federal single-audit threshold change
Summary
The Catalina Foothills board approved revisions to policy and regulation DIE to improve clarity and update references; the regulation reflects the Office of Management and Budget's increase of the federal single-audit threshold to $1,000,000 starting in fiscal year 2026.
The Catalina Foothills Unified School District governing board approved revisions March 3 to policy and regulation DIE (audits and financial planning), updating references and clarifying when a procedural review or a single audit is required.
Superintendent Dr. Denise Bartlett said the changes remove an outdated June 2016 Office of Management and Budget compliance-supplement date, add headings for readability and rewrite two paragraphs to…
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