The Clark County School District (CCSD) Board of School Trustees and the CCSD Audit Advisory Committee held a joint meeting to discuss the audit of the financial statements of CCSD. The independent auditing firm of Eide Bailly issued an unmodified opinion related to the financial statements of the District. There were also no internal control deficiencies for the District noted in the audit.
Additionally, Eide Bailly reviewed the internal controls over financial reporting and compliance with laws, regulations, grant agreements and other matters in accordance with Government Auditing Standards. There were no exceptions noted in that review either.
“Thank you to CFO Jason Goudie and his team for their work and dedication,” said CCSD Superintendent Dr. Jesus F. Jara. “When Mr. Goudie arrived, our District had reserves of about $6 million, which was less than 1% of our expenditures. Before COVID-19, CCSD had already built our reserves to 2.25% of expenditures. His team has worked tirelessly to prepare these financial statements.”
The Board of School Trustees voted 5-0 to accept the Clark County School District’s responses to the independent auditor’s recommendations for the fiscal year ended June 30, 2020, with the written narrative and responses being incorporated by reference into the minutes of the meeting, and with the entire report being transmitted and filed as required in Nevada Revised Statutes (NRS) 354.624; and accepted the independent auditor’s statements on NRS compliance for the fiscal year ended June 30, 2020, including the necessary corrective actions, if any, with the statements being transmitted and filed, as required in NRS 354.6245.
To view documents related to this agenda item, click here.
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