The Rockford Public Schools Board Meeting held on January 1, 2025, focused primarily on the presentation of the independent financial audit for the fiscal year ending June 30, 2024. The meeting commenced with a brief acknowledgment of the audit's completion, which was conducted by Allison and her team, marking Allison's first year overseeing the audit process.
Mark Sawyers from Hungerford CPAs and Advisors presented the audited financial report, emphasizing the importance of the audit for compliance with state regulations. He noted that the district received a clean, unmodified opinion, indicating strong financial health and effective internal controls. This marks a continuation of several years without any significant findings or compliance issues.
Sawyers highlighted key financial figures, including approximately $50 million in construction in progress, with notable projects such as Edgar Eckerton Trails Elementary and North Rockford Middle School renovations. He also reported that the district's general fund balance is healthy, sitting at around 16.8%, which aligns with the Michigan Department of Education's expectations.
The discussion also touched on the federal compliance audit, which is required due to the district's federal expenditures exceeding $750,000. Sawyers confirmed that there were no findings in this area as well, indicating robust financial management practices.
Following the audit presentation, the board moved to accept the financial audit results, with members expressing gratitude for the efforts of the business office and Allison's leadership during the transition into her role.
The meeting concluded with the introduction of a new certified staff hire, Ben Crocker, a social studies teacher with diverse teaching experience, including international exposure. This addition comes as a result of a midyear retirement at the Freshman Center.
Overall, the meeting underscored the district's commitment to financial transparency and effective management, setting a positive tone for the upcoming year.