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District accepts FY2025 audit, expects 4.0/4.0 financial rating
Summary
Gorenz and Associates delivered the district AFR and audit results; board scheduled a future Gorenz presentation and noted a repeated segregation-of-duties finding dating to 2007 and that FY2025 debt was paid off.
The Mendota Township High School District 280 board accepted the FY2025 annual financial report (AFR) and audit from Gorenz and Associates and scheduled a future presentation from the auditor.
Administrators said the district anticipates receiving a 4.0/4.0 financial rating. The audit noted the same financial finding first cited in 2007 regarding segregation of duties in the business office; district officials attributed that finding to a small business-office staff. Board members discussed the audit and scheduled a date for a Gorenz representative to present a detailed overview to the board.
The audit materials also recorded that the district paid off debt in FY2025. No formal corrective-action plan was adopted at the meeting; the board asked to receive additional detail directly from the auditor at the forthcoming presentation.
