RecordingTranscript availableAnalysis ready83:43

School Board Work Session- November 24, 2025

Wayzata Public SchoolsTuesday, November 25, 2025
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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

Full Document Analysis

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.

— Jackie Hegel
Audit statusExplaining the delay in federal audits.

Our system should never be telling a family that we're not ready for their child.

— Stacy Lagner
Student experienceAddressing kindergarten readiness philosophy.

People (6)

Heidi KedarActing Chair

Presiding over the board work session.

Jackie HegelPartner

Partner at LB Carlson; lead auditor for the district.

1 quote

“All clean audit opinions for the 2025 audit year.”

Summary of audit results.

Jack SternsDirector of Finance

Presenting district financial position.

1 quote

“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 PetersonStaff

Leading introductions and finance segment.

Dana MillerStaff

Leading the teaching and learning/student experience report.

Stacy LagnerDr.

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
Transcript