MOUNT VERNON BOARD OF EDUCATION WORK SESSION PART 2 November 10 2026

Mount Vernon City School District Board of Education work session, November 10, 2026: administrators presented 2025–26 student assessment and graduation data, followed by the external audit and full-year financial report. The audit firm reported clean opinions on the district’s basic financial statements and extra-classroom funds, with the federal single audit pending release of the federal compliance supplement. Auditors identified a repeat material weakness concerning audit readiness and financial records; the district described a corrective action plan. The financial report said the district ended the year below its adopted budget and planned to transfer $5.4 million into reserves, restoring the unassigned fund balance to the 4% cap. The board discussed the need for a future capital-reserve plan, which would require a public vote, and a written agreement for more than $5 million in city back taxes to be paid in installments through June 2027.

No contract award, vendor selection, bid approval, or capital procurement was identified. The board approved consent-agenda and other agenda items by motion, including curriculum and instruction items; discussion of the grant-funded Academic Power Hour focused on its delayed November start, staffing, and the need for earlier program planning, not a new purchasing decision. The district also reviewed grant budgets and federal grant audit results, but no new grant award or procurement action was reported.