# Board Meeting 2026-10-27

The Southgate Community Schools Board meeting on October 27, 2026, included the district’s annual audit presentation and discussion of a proposed $5 million transfer from general fund equity to capital improvements. The auditor reported an unmodified opinion on the financial statements and no financial-statement findings. The district’s single audit was complete but could not yet be issued because federal audit rules were pending; its draft contained two minor findings, including a $105 error, with corrective action already taken. The auditor reported that the district added $3.4 million to its general fund balance in 2026, bringing it to nearly $23 million, or about 33% of expenditures.

Board members discussed using the proposed transfer to help fund multi-year air-conditioning work across all school buildings and manage future cost increases, as well as other eligible capital needs such as furniture and vehicles. The transfer would reduce unrestricted general fund balance to about 25%, while keeping the money available for capital projects; the discussion did not include a recorded vote on the transfer. The consent agenda was approved, but no procurement details were provided. The board also received a first reading of a proposed course-catalog reference to the state’s personal curriculum option, with final approval planned for a later meeting.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure, Education
**Topics:** Physical Infrastructure
**Published:** October 27, 2026

### Sources
- [Board Meeting 2026-10-27](https://www.youtube.com/watch?v=5ez3m43ljIo) - Southgate Community Schools