The latest audit for Brookfield Local School District found that the district is compliant with applicable laws and showed no deficiencies as to how the school officials manage the money.
The audit, covering the 2024-25 school year, was performed by Julian and Grube of Westerville.
The audit reported revenue at $17,534,847, which went up from $16,596,895 in 2023-24, even though property tax revenue fell to $4,921,018 from $5,150,165 in the same period.
“Total revenues increased by $815,907 or 6.33 percent during the fiscal year,” the audit said. “This increase is primarily due to an increase in intergovernmental revenues as a result of increased (state) foundation funding and intergovernmental grants and entitlements.”
Expenses stood at $15,892,011, up from $15,459,728 in 2023-24.
“Overall expenditures in the general fund had an increase of $2,200,825 or 17.36 percent primarily due to general inflationary trends,” the audit said.
The district’s unspent fund balance dipped to $4,290,186 from $4,759,050.
Concerning findings from previous audits, the audit said two are fully corrected and two are partially corrected. The partially corrected ones dealt with the reporting of estimated resources and for spending more than was available in the Elementary and Secondary School Emergency Relief Fund, which gave schools extra money during the COVID-19 pandemic, and the Title I fund, which is awarded based on a school’s percentage of economically disadvantaged students and is used to help those who are not meeting academic baselines.
The ESSER and Title 1 funds come from the federal government.
The audit is available at the “Search Audit” section of the Ohio Auditor of State website, ohioauditor.gov
