Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Consultant, auditor urge simplifying fund structure in budget development
Summary
Budget-development work (with consultant Shannon Johnston and auditor Hayden Ross) flagged an unusually large number of fund numbers; they recommended reviewing and reducing the number of funds as part of the FY27 budget development process. Documents were noted as attached to the meeting materials.
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
The Finance Committee reviewed a budget-development update prepared with assistance from Shannon Johnston, CPA, consulting for RLR Leadership Consulting, LLC and currently affiliated with Central Valley School District (WA). Johnston and auditor Hayden Ross questioned why the district maintains so many distinct fund numbers and recommended looking at reducing the number of funds to simplify accounting and reporting.
The minutes note that supporting documents were attached to the meeting materials but do not reproduce them. The consultants' review is expected to inform the district's budget development and may require staff time to consolidate fund accounts and reclassify transactions where appropriate.
Committee members did not take formal action at the meeting; the item remains in the budget-development stage with staff and consultants expected to continue analysis ahead of upcoming budget deadlines.
