8. Measure Y Parcel Tax Fund - Annual Performance Audit Report for 2024-2025 (ACTION)

The San José Unified School District's Measure Y Parcel Tax Performance Audit Report for the fiscal year ended June 30, 2025, was conducted by Baker Tilly Advisory Group, LP. The audit confirmed that Measure Y parcel tax proceeds were used appropriately to maintain and improve core academic programming, prepare students for college and careers, and attract high-performing teachers. The audit found no exceptions in compliance with voter-approved ballot language, and all expenditures were documented and approved. The report highlights commendable practices in financial management and internal controls.

Key points

• The audit was conducted in accordance with Generally Accepted Government Auditing Standards (GAGAS).
• Measure Y proceeds were used for maintaining core academic programs, preparing students for college, and attracting high-performing staff.
• No exceptions were found in compliance with the voter-approved ballot language.
• Total expenditures for FY 2024-25 amounted to $4,925,825.28.
• The audit confirmed effective documentation and management of expenditures.
• Public meetings were held to update the community on project statuses.

Limitations

• The text does not provide specific details on the findings or recommendations beyond confirming compliance.
• The audit report does not include any unresolved placeholders or specific dates for meetings beyond those mentioned.

Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.