Audit uncovers opportunities, challenges

CHENEY – During a recent School Board meeting on May 22, Jamie Reed, in charge of the Finance and Enrollment Report, highlighted the district’s financial stability and successful completion of audits with no significant deficiencies found.

Despite national staffing challenges, the district has managed to maintain its workforce and avoid teacher layoffs.

Reed began by addressing the district’s fund balance, noting a peak balance of $11.24 million in April, which has since started to decline. Despite this, Reed assured the board that the Financial Statements Audit revealed no significant deficie...