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Board approves year-end financials, watches audit presentation and accepts audit

Cromwell-Wright Public Schools · December 18, 2024
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Summary

The board approved invoices of $282,282.69 and an EFT of $333,253.93, viewed a video audit presentation by Justin Nilson of Abdo Solutions and later approved the 2023–24 audit during action items.

Business Manager Kristi Borglund presented financial items including an enrollment summary; the board approved invoices totaling $282,282.69 on a motion by Brian Granholm, and approved an Electronic Funds Transfer (EFT) of $333,253.93 on a motion by Shayne Korpela. Both motions passed unanimously (Yea: 6, Nay: 0).

Separately, the board watched an audit presentation video by Justin Nilson, CPA of Abdo Solutions. Later in the meeting the board approved the 2023–2024 audit as presented on a motion by Timothy Homstad, seconded by Shayne Korpela; the motion passed unanimously. The minutes record the presentation and the board's approval but do not include the written audit report text in the meeting minutes.