Schools › School Board meeting of Jan 13, 2025
Approved the Education Foundation 2023-2024 Governmental Certified Audit, an annual financial review required by state statute, with no fiscal impact to the district.
The vote: 5-0
Voted on as part of the consent agendaA group of routine items the Board votes on together with one motion. Any commissioner can pull an item out to discuss and vote on it separately. County Commission agendas (CivicClerk portal), one motion for several items (approval of the Consent Agenda items 8.01 through 10.02).
From the School Board's official minutes.
In plain words
The Board is accepting the Education Foundation's 2023-2024 Governmental Certified Audit, an independent financial review of the foundation's books.
What changes The audit is formally accepted by the Board, completing the annual review process.
Who and the money Applies to the Education Foundation; the record states there is no fiscal impact to the district and all expenses have been paid by the Education Foundation.
Stated reason (staff, quoted): "State Statue 1001.453 requires that as a direct support organization, the Education Foundation Governmental Certified Audit is presented to the School Board annually."
Why (staff, quoted) "State Statue 1001.453 requires that as a direct support organization, the Education Foundation Governmental Certified Audit is presented to the School Board annually."
Written from the Board's minutes and the agenda item's staff text on BoardDocs, checked by script: every number appears in the record. Agenda on BoardDocs
From the record
Acceptance of the Education Foundation 2023-2024 Governmental Certified AuditLake County Schools agenda, Jan 13, 2025, item 8.04. Open the agenda on BoardDocs
I recommend the Board accept the Education Foundation Governmental Certified Audit 2023-2024.
The Board's minutes record this item as approved, by a vote of 5-0.School Board minutes, Jan 13, 2025. Open the official document