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| April 2, 2026 - Regular School Board Meeting | ||
| Title C16 - Request for Approval of the Annual Financial Report and Related Independent Auditor Reports for the Fiscal Year Ended June 30, 2025 | ||
| Description Florida Statutes require all school districts be audited on an annual basis and the resultant audit reports are required to be approved by the local school board and submitted to The State of Florida Auditor General's office as well as other cognizant agencies. For the fiscal year ended June 30, 2025, the audit was performed by Purvis, Gray & Company, CPA's and their applicable reports are included in the Clay County School District’s Annual Financial Report (AFR). The AFR is a comprehensive collection of financial statements and related information. It also includes various other reports as required by the auditor to be reported upon. Those reports include, but are not limited to, the independent auditor’s unmodified report that the District’s financial statements and results of operations are fairly presented in conformity with accounting principles generally accepted in the U.S., the auditor’s various reports on internal control over financial reporting and compliance with Federal program requirements and related internal controls, the auditor’s management letter and their report on the District’s compliance with local governmental investment policies.
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| Gap Analysis | ||
| Previous Outcomes | ||
| Expected Outcomes A Financial, Operational and Federal Audit will ensure that funds are being used to pursue both board and state educational goals.
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| Strategic Plan Goal The annual audit monitors the District's internal controls over financial operations and compliance with state laws and federal regulations to ensure that district resources are focused on educational standards.
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| Recommendation Approval of the Annual Financial Report and related Independent Auditor Reports for the fiscal year ended June 30, 2025. | ||
| Contact Dawn Posey, Assistant Superintendent of Business Affairs, (904) 336-6721, dawn.posey@myoneclay.net | ||
| Financial Impact A financial, operational and federal audit will ensure that funds are being used to pursue both board and state educational goals. | ||
| Review Comments | ||
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Attachments 2025 Final Clay County District School Board.pdf |