LEXINGTON, Ky. (LEX 18) — The Fayette County School Board announced on Monday night that recommendations from an internal audit committee regarding an external audit have been approved.

The board previously voted to utilize the committee to determine the scope of the audit, which "presented an extensive scope of work" on Monday, including a review across three areas "to improve financial governance, compliance, and risk management."

Board Approves Audit Committee Recommendations for External Audit by LEX18

These three areas include a budget process review, travel and expense review, and a data-driven risk analysis.

Budget Process Review

A review of the district's budget process will include documenting the operational schedule, analyzing the budget shortfall and "providing a clear b

See Full Page