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Staff reports enrollment shifts, audit work and a $40,000 enrollment-related benefit
Summary
District finance staff said interest income was $19,630 and that reopening of enrollment estimates by larger districts produced an approximate $40,000 benefit for Echo; audit fieldwork remains open pending one outstanding review item.
A district staff member (Speaker 4) presented the monthly financial update, reporting interest income of $19,630 and saying that when several larger school districts reopened their enrollment estimates, Echo SD 5 received an estimated benefit "of about $40,000." The presenter said audit fieldwork had one remaining review item but that no significant issues were expected.
Speaker 4 also said all required expenditure reporting for integrated programs had been submitted to the Oregon Department of Education in September. The staff member invited board questions and noted that the reopening of enrollment estimates at other districts is not typical for this time of year and that a further realignment is expected in November.
