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Committee: remaining Measure S balance to be zeroed out by June 30; audit presentation set for Jan. 13, 2027
Summary
Staff told the SFOC committee that remaining Measure S invoices (about $74,000) will be paid in the current fiscal year and the bond balance will be zeroed out by June 30; the committee tentatively set Jan. 13, 2027 at 4:30 p.m. for the audit presentation and public report.
Committee staff reported progress closing out the Measure S bond and set a schedule for the final audit presentation.
During the bond program update, a staff member explained the district "was able to move some of the expenditures for the E rate tech program infrastructure project to 0 out what was left of the bond," and said a balance shown on the accounting sheet of about $74,000 will be zeroed out through those charges.
Members asked whether the remaining invoices would be paid in the current fiscal year. Crystal confirmed the payments will be completed by the end of the fiscal year: "June 30," she said in response to the Chair's question.
Staff added the two remaining purchase orders are open for DSA closeouts and represent the outstanding amount to be closed against Measure S.
To receive the audit and finalize the public report, the committee tentatively scheduled its next meeting for Jan. 13, 2027, at 4:30 p.m. at the district office. Staff said audits are typically presented in January after interim reports in December, and recommended scheduling in January to allow time to compile materials.
The committee noted the plan to present both the audit and the public report on the same day if possible so that the Measure S closeout and public reporting occur together.
