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Meeting Date:
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Category:
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Type:
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Subject:
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Acceptance of the 2020-2021 Single Audit |
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Vision 2026:
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Financial & Facilities Management 1 Continue to ensure a balanced budget that builds and maintains a fund balance that meets Board policy.
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Background:
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Annually, our auditors prepare an independent audit of the financial statements of CUSD 200. They also express an opinion based on the combined financial statements of the District. The Board of Education is asked on an annual basis to accept the independent audit as presented by Baker Tilly US, LLP. |
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File Attachment:
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Summary:
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Baker Tilly US, LLP provided the Board of Education with all 2020-2021 audit documentation in December of 2021, except for the Single Audit. The Single Audit is an organization-wide financial statement and federal awards' audit of a non-federal entity that expends $750,000 or more in federal funds in one year. It is intended to provide assurance to the Federal Government that a non-federal entity has adequate internal controls in place, and is generally in compliance with program requirements.
The Single Audit as prepared by Baker Tilly US, LLP confirmed CUSD 200 is in compliance with federal programs requirements and did not report any findings associated with federal grants. A copy of the Single Audit is attached. |
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Funding:
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Recommendation
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It is recommended that the Board of Education accept the 2020-2021 Single Audit as prepared by Baker Tilly US, LLP. |
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Approvals:
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Recommended By: |
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Signed By: |
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Brian O'Keeffe - Asst Superintendent Business Services |
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Signed By: |
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Jeff Schuler - Superintendent |
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Vote Results:
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| Original Motion | | Member Dave Long Moved, Member Susan Booton seconded to approve the Original motion 'It is recommended that the Board of Education accept the 2020-2021 Single Audit as prepared by Baker Tilly US, LLP.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0. | | The motion Carried 7 - 0 | | | | | Brad Paulsen | Yes | | Chris Crabtree | Yes | | Rob Hanlon | Yes | | Susan Booton | Yes | | Dave Long | Yes | | Mary Yeboah | Yes | | Angela Blatner | Yes | |
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