The North Bend School District 13 Board Meeting on August 16, 2025, focused on financial oversight and transparency regarding federal grant management. Key discussions highlighted the role of a third-party overseer, Mr. Virgins, a certified public accountant (CPA), who will manage the $4 million in federal grant dollars allocated to the district.

The board emphasized that grant management is conducted through the city and the urban renewal agency, ensuring that all financial activities are transparent. Annual reports and financial statements are made available for public inspection, reinforcing accountability. The district follows state and federal laws for contracting and submits reimbursement requests to the relevant departments.

Additionally, the urban renewal agency undergoes an external audit each year, a practice that has been consistent since its inception. These audits are published online and submitted to the state for review, further ensuring transparency in financial dealings.

A notable point raised during the meeting was the agency's approach to financing development projects. The board discussed the potential need to incur debt to expedite development, avoiding long delays that could lead to increased costs due to inflation. This proactive strategy aims to ensure timely project completion while managing financial risks effectively.

Overall, the meeting underscored the district's commitment to financial integrity and responsible management of federal funds, with ongoing audits and public reporting as key components of their strategy.