April 28 Finance Committee Meeting

The RSU 57 Finance Committee held a meeting on April 28, 2026, primarily focused on reviewing the fiscal year 2025 audit results presented by Marcus Pratt from the independent CPA firm Runyon Kersteen and Ouellette. The audit yielded a clean opinion with no material weaknesses or significant deficiencies, and the committee discussed budget accuracy, noting revenues were within 1% of budget and expenditures were about 5% under budget. The committee also reviewed fund balances, capital reserves, and compliance with grant requirements, including ESSER and Title 1A funds. Additionally, the committee received updates on fuel contract pricing locked in through August 2027, roofing project scheduling adjustments, and approved the acceptance of a donation of seven guitars valued at approximately $1,200. The meeting concluded with approval of warrants and scheduling of upcoming budget meetings.