School Board Work Session- November 24, 2025
Monday, November 24, 2025
Annual comprehensive financial report for fiscal year 2025
Audit results and findings for 2025
GASB 101 implementation impact on financial statements
District financial position and fund balance analysis
Student experience and achievement report (World's Best Workforce / CACER)
Kindergarten readiness and delay patterns
College and career readiness metrics
Areas of Interest (6)
- School board reports clean 2025 audit despite complex new GASB 101 reporting requirements.
- District general fund balance increased by $10 million, totaling $63.5 million.
- New compensated absence accounting rules created a $20M+ liability on the district's books.
- Data shows 8.6% of district kindergartners delayed enrollment, primarily white male students.
- Concerns raised regarding whether parents receive sufficient information to decide on kindergarten delay.
- District aims to standardize college and career readiness reporting starting with the Class of 2025.
Notable Quotes (2)
As you are looking through the reports this year, you're going to see that those audit opinions are not currently included in that report. And that is because the federal compliance supplement has not been issued by the federal government yet.
Our system should never be telling a family that we're not ready for their child.
People (6)
Heidi KedarActing ChairPresiding over the board work session.
Presiding over the board work session.
Jackie HegelPartnerPartner at LB Carlson; lead auditor for the district.
1 quote
Partner at LB Carlson; lead auditor for the district.
“All clean audit opinions for the 2025 audit year.”
Summary of audit results.
Jack SternsDirector of FinancePresenting district financial position.
1 quote
Presenting district financial position.
“I don't want to use the word fictitious, but it's kind of a fictitious liability that needs to be on the books.”
Discussing the new GASB 101 compensated absence liability reporting.
Trevor PetersonStaffLeading introductions and finance segment.
Leading introductions and finance segment.
Dana MillerStaffLeading the teaching and learning/student experience report.
Leading the teaching and learning/student experience report.
Stacy LagnerDr.Co-presenting student experience and achievement data.
Co-presenting student experience and achievement data.
Events & Meetings (2)
- November 24th, 2025, 4:10 PM - Board Work Session
- December 2025 - Regular meeting for financial approval