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Washington State Auditor: Again, No Findings From 2018-19 KSD Financial Audit

On an annual basis, the State Auditor’s Office (SAO) performs financial and accountability audits of the District. At a special meeting of the Kent School District Board of Directors on Thursday, July 23, 2020, Audit Managers from the Office of the Washington State Auditor shared the results of their September 1, 2018, through August 31, 2019 (FY19) financial audit. 
 
There were no findings from the Accountability Audit. There no findings from the Financial and Federal Audit.  
 
The FY18, (September 2017-August 2018) Washington State financial audit also yielded no findings, although not included in the final state auditor’s report, a management letter from Office of Washington State Auditor was issued addressing three areas which have since been confirmed to have been resolved.  
 
“The results of this audit are further evidence that our staff is dedicated to the mission, vision, and core values of the Kent School District. Particularly in this time of uncertainty and sustained scrutiny, I have never doubted the team’s commitment to the fiscal health and sustainability of our District for the benefit of each and every student,” shared Superintendent Dr. Calvin J. Watts. "While we still have work to do, I am proud of what we have accomplished, and I am confident that we are on the path to fiscal solvency." 
 
The 2018-19 Kent School District audit report is now available on the Washington State Auditor’s Office website. The estimated cost of the annual audit was $95,000, an approximated savings of $20,000 from the previous year as a result of teleworking due to COVID-19, and there were also increased costs in the audit for the FY18 audit due to additional time required to address public concerns directly sent to the State Auditor.