SJSD audit finds no major issues as officials focus on budget recovery 

ST. JOSEPH, Mo. (KQTV)-- The St. Joseph School District reviewed its 2024–2025 fiscal year audit, presented by Jon Cummings of KPM CPAs. 

According to Assistant Superintendent of Business and Operations Robert Hedgecorth, the audit identified no significant deficiencies or material weaknesses.  

Hedgecorth said one of the most helpful recommendations was ensuring timely reimbursement filings for Title funds and closely monitoring operating fund balances.  

“Making sure that we continue to gain back to the 20% board policy that we have. The auditor recommended 25%; our policy is at 20% with a middle area of 22 or 23%, which is a good place to be,” Hedgecorth added.  

Hedgecorth emphasized the importance of maintaining strong fiscal health as the district begins planning for the next budget cycle.  

He said the district is carefully reviewing operating decisions, particularly areas where expenses can be reduced.  

“We are actually going to start planning for our next year’s budget and that will include budget meetings with principals and directors,” Hedgecorth said.  

The district has set a goal of reducing its budget by $4 million in each of the next two years, totaling $8 million in expenditure reductions.  

Hedgecorth said projected revenue estimates helped determine the target, which he believes will put the district back on a path to financial recovery.  

"Those discussions will be hard because some of those budget allocations we reduced from last year are going through the building consolidation plan,” Hedgecorth said.  

Hedgecorth also said staff attrition, including retirements and resignations, will play a role in lowering expenses, especially with fewer buildings to staff.  

“I think people understand that we do need to get to that goal because it's good, and I think people will come with the right mindset,” he added.  

Hedgecorth said he holds the responsibility for guiding the district out of its current financial challenges and ensuring fiscal responsibility moving into the next school year.