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Finance update: audit went well; MAES gym floor replacement reviewed, insurance to cover $150,000

Medford Area Public School District Board of Education · August 1, 2026
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Summary

Board finance representatives reported a favorable 2023–24 audit, reviewed quotes for the MAES gym floor replacement and said insurance should cover $150,000 toward the project.

At the board meeting Audra Brooks and Board Member Brian Hallgren summarized the recent finance meeting, reporting that the 2023–24 fiscal year audit "went well for the department" and that finance had reviewed quotes for replacing the MAES gym floor. Board members noted the district’s insurance is expected to cover $150,000 of the gym-floor replacement cost.

The finance update covered capital maintenance planning and other budget considerations tied to facility needs; board members did not take a separate vote on the floor replacement at this meeting but recorded the review of options and insurance coverage expectations.