Fayette County Board Approves Audit Contract and New Finance Role
Fayette County school officials approved a new audit contract with Mauldin & Jenkins and established a position for a finance director Monday.
Audit Contract Details
During a virtual meeting on Monday, the Fayette County school board authorized a one-year professional services contract with Mauldin & Jenkins Certified Public Accountants. The agreement for auditing services includes a total cap of $131,750.
In addition to the base contract amount, the district has agreed to an hourly rate of $225 for any services rendered beyond the initial scope. This contract ensures the district maintains standardized financial oversight and compliance for the upcoming fiscal cycle.
New Administrative Position
The board also moved to formalize the creation of a new finance director position within the district's administrative structure. Members reviewed and approved a formal job description outlining the responsibilities and expectations for the role.
The addition of a dedicated finance director is intended to strengthen the district's internal fiscal management and oversight. This role will work alongside existing administrative staff to manage district funds and financial reporting requirements.
Meeting Overview
The decisions were finalized during a scheduled virtual session. The board's actions address two primary areas of district operations:
- External Oversight: Engaging Mauldin & Jenkins for independent auditing services.
- Internal Management: Expanding the administrative team to include specialized financial leadership.
