Aug 11, 2026BoardMeeting
BoardLong Beach School District Board of Education Meeting
The meeting centered on an audit presentation by the district's external auditor regarding the planning process for the 2025-2026 financial statements. Topics discussed included the implementation of GASB 101, 103, and 104, adjustments to financial statement formats, and audit methodology for internal controls. The board also discussed budget variance reporting, the appropriate use of budget transfers, and state requirements regarding reserve funds.