"Board member Joseph Hailpern asked what the board might have missed in the auditing process, but Grossi said auditors likely wouldn’t have caught the issues since they generally make “generalizations” about the budget and don’t look at the whole thing." Not true. They perform a very detailed audit and provide the state and the district …
"Board member Joseph Hailpern asked what the board might have missed in the auditing process, but Grossi said auditors likely wouldn’t have caught the issues since they generally make “generalizations” about the budget and don’t look at the whole thing." Not true. They perform a very detailed audit and provide the state and the district with findings regarding any issues. The board should ask the district's regular auditors (not just Mr. Grossi) about how revenues and expenditures have been reported.
I’ve been confused about who actually audits D65 - doing some research on this. The Board members mention that Baker Tilly audits the District, but I’ve never seen an audit report. I know the ISBE does some audits too and I’ve poked around a bit and found their audits to be basically not an audit in the financial sense.
"Board member Joseph Hailpern asked what the board might have missed in the auditing process, but Grossi said auditors likely wouldn’t have caught the issues since they generally make “generalizations” about the budget and don’t look at the whole thing." Not true. They perform a very detailed audit and provide the state and the district with findings regarding any issues. The board should ask the district's regular auditors (not just Mr. Grossi) about how revenues and expenditures have been reported.
I wonder why the board has not asked the regular auditors these questions? Very confused.
I’ve been confused about who actually audits D65 - doing some research on this. The Board members mention that Baker Tilly audits the District, but I’ve never seen an audit report. I know the ISBE does some audits too and I’ve poked around a bit and found their audits to be basically not an audit in the financial sense.