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Board accepts 2024-25 financial report after auditors flag no findings
Summary
Director of Finance Pete Bejarano told the board the district received a clean audit for 2024-25 with no findings; the board accepted the Annual Comprehensive Financial Report by unanimous vote.
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Director of Finance Pete Bejarano summarized the district's 2024-25 Annual Comprehensive Financial Report (ACFR) and an accompanying auditor letter, telling the board the district received a "clean audit" this year with no additional findings. Bejarano noted auditors focused in particular on PERS liability estimates and that the separate letter provided a concise summary of the audit firm's scope and conclusions.
The board moved to accept the ACFR (Motion 51); the motion was made by Shawn Farrens, seconded by Kris Howatt, and carried 6-0. Board members asked clarifying questions about changes from last year, and Bejarano explained the difference stemmed from a change in auditors and a tougher standard requested by finance staff.
