Annual Financial Audit Report for Fiscal Year 2023-24
The official document
What the district published
This is the source material — exactly as released by RUSD. The plain English translation below is this site's version, written for community members who shouldn't need a budget degree to understand where their school dollars go.
Original PDF coming soon — check reedschools.org for the source document.
In plain English
What this document actually says
This is the independent audit report for Reed Union School District's 2023-24 fiscal year, presented January 14, 2025. The district maintains healthy reserves of $12.2 million, well above the state-required 4% minimum. The audit identified three findings: (1) a $5,140 underclaim for meal reimbursements due to a data entry error, (2) $153,761 in Expanded Learning Opportunities Program funds that must be returned because the district's after-school program doesn't meet state requirements, and (3) the transportation plan was approved late (May 2024 instead of April 2024). The district has corrective action plans for all findings. Total General Fund expenditures were $29.2 million.
What this means for your family
The district's finances are healthy with strong reserves. However, the after-school program partnership with the Ranch doesn't currently meet state grant requirements, so the district must return $153,761 and redesign the program to comply (requiring 9+ hour days, specific staff ratios, and 30+ non-school days). This may affect future after-school program structure and costs.
Summaries are AI-assisted and based on the original district document shown above. Nothing has been editorialized — interpretations are clearly labeled. This site is maintained by Lina Godfrey's campaign as a community resource.