School Board Meeting - November 24, 2025

Cloquet Public School District School Board · November 25, 2025

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Independent audit presentation and findings

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6:27 → 29:18(22m 51s)

Luke Graydon, principal at CLA (the district's auditors), presented the fiscal-year 2024–25 financial statement audit, reporting a clean opinion with no findings for internal control or legal compliance. He described a new compensated-absences accounting standard, explained the delayed single-audit issuance pending federal documents, and walked trustees through general fund revenues, expenses, fund balances, food service, community education, enrollment trends, and per‑pupil cost comparisons.

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Cloquet Public School District trustees met Nov. 24, 2025, heard a clean fiscal-year financial audit and several presentations, reviewed a multi-district request to match state funds for a Northern Lights Academy facility, and held an extended discussion (and public comment) about proposed changes to “spread pay” for hourly staff.

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Transcript

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