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District plans deeper audit review after discovered error; consultant quoted $55,000

Regional School District 08 Board of Education · June 8, 2026
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Summary

Following discovery of an error in the finance area, the superintendent outlined plans to engage CliftonLarsonAllen for a deep review of FY25–26 and prior years; CLA quoted approximately $55,000 and staff proposed conducting a full RFP process later.

Superintendent Dr. Colin McNamara told the board that an error discovered after the last audit prompted outreach to outside auditing firms. He described conversations with CliftonLarsonAllen (CLA) and said CLA provided references for municipal work and a quoted fee of about $55,000 to conduct the deeper review and handle next year’s audit work concurrently.

Dr. McNamara said the district would likely engage CLA quickly to avoid delay in reporting and would run a formal RFP process later in the year; if CLA remains the best qualified vendor after an RFP, the district could continue with them. The superintendent emphasized the need to restore trust in the district’s financial reporting after the recently discovered issue.

Board members expressed support for using a reputable firm to perform a comprehensive review and noted that going to an RFP could take time and delay needed work. The timeline discussed included aiming to have audit information available before February if CLA could work concurrently.

The board did not approve a formal long‑term contract at the meeting but accepted the plan to engage CLA to begin the deep review and to pursue the RFP process for future audit services.