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Finance Committee recommends Board approve 2024–25 audit, Benning Group says report is still in "Draft" form
Summary
Benning Group presented the 2024–25 audit in "Draft" form and flagged findings tied to planned deficit spending, timing of check receipts, and a software purchase; the committee recommended Board approval at tonight's meeting.
The Hononegah Community High School Finance Committee recommended that the Board approve the district's 2024–25 financial audit after a presentation from audit firm Benning Group, LLC.
Justin Krueger introduced Jenny Blocker of Benning Group, who said the audit is currently in "Draft" form pending an OMB compliance supplement but that she does not expect substantive changes. Blocker identified three areas noted as significant findings: planned deficit spending, the timing of receipt of some checks and an accounting treatment related to a software purchase. The committee recommended the Board accept the audit at tonight's Board meeting.
The recommendation means the audit will proceed to the full Board for formal acceptance. No vote was recorded by the committee on the floor during this meeting; the item was transmitted to the Board with the committee's endorsement.
