Charter School Updates
The Board of Elementary and Secondary Education voted today to extend the filing date for Charter Schools that require a Single Audit in accordance with Government Auditing Standards to January 1, 2026.
The extension is a result of the Office of Management and Budget’s (OMB) fiscal year 2025 compliance supplement currently in draft form. Due to the delay in finalizing the OMB’s fiscal year 2025 compliance supplement, the audit reports for these effected schools are unable to be completed and finalized.
If you have any questions please feel free to reach out to us.
In July 2025, the Massachusetts Department of Elementary and Secondary Education (DESE) released an updated Charter School Audit Guide (the “Guide”). The revised Guide introduces additional compliance requirements in the areas of financial reporting, charter amendment approvals, and disclosures of related party transactions.
These updates are effective for fiscal year 2025 audits. For a copy of the revised guide, please refer to DESE’s website. If you have questions regarding the new requirements, please contact our charter school partners Kristoffer Lane and Colleen D’Alfonso.
Charter School Deadlines
October 31st – Audit reports are due to the Massachusetts Department of Elementary and Secondary Education (DESE).
November 14th – Charter School End of Year Financial Report due to DESE.
- Extended to November 21, 2025