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Finance director briefs board on year-end close, audit prep and capital projects
Summary
Finance staff reported that district accounting will close in the next two weeks ahead of audit work in August; capital project quotes have arrived and project planning (including a COEP) will continue over the summer with public information ahead of a December vote.
The district’s finance staff outlined year-end closing activities and capital-project planning. "Year end wrap up. Obviously, we're down to our last 2 weeks before we have to start closing the books and, doing a lot of audit prep work," the finance speaker said, noting auditors will be in August and capital-project planning is underway, including a COEP expected to start in July.
Committee members emphasized the need to prepare public-facing materials and timelines; committee chairs said the facilities subcommittee will likely meet over the summer to review quotes and prepare presentations for the public in advance of a December vote on selected projects.
