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Cascade SD 5 finance director urges caution despite favorable audit progress
Summary
Finance Director Mr. Wang told the Board the district is in better shape than many statewide peers but recommended close monitoring of budgets; he reported satisfaction with the year's audit progress.
Finance Director Mr. Wang briefed the Board on Oct. 13, saying Cascade is "in a good place compared to other districts across the state" but advising prudence over the coming months given state-level budget uncertainty. He described ongoing conversations among district staff and state officials aimed at mitigating budgetary impact.
Wang also told the Board he is pleased with the progress of the annual audit and said he will share additional details at future meetings. The Board did not take action at the meeting but acknowledged the need for continued fiscal oversight.
