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District auditors granted extension; AFR work continues amid expected finding
Summary
Maroa-Forsyth received an extension from the ROE for its auditors to complete the Annual Financial Report while auditors adjust federal funds reporting. The minutes say a finding is expected but remedies are in place.
The board was informed Oct. 14 that the district requested and received an extension from the Regional Office of Education for auditors to finish the Annual Financial Report (AFR).
The minutes state auditors are working with the unit office to adjust federal funds reporting for grants and that there will be a finding on the audit, but remedies are already in place and the audit is expected to be completed soon. No dollar amounts or specific grant names were provided in the minutes.
