LEXINGTON, Ky. — Fayette County Public Schools has agreed to pay an independent audit firm increased fees to complete a comprehensive review of the district's finances, according to reporting from WUKY 91.3 FM.

The decision comes as the school district works to revise its financial records for the 2025 and 2026 fiscal years. The audit firm cited the need for additional resources to conduct a thorough examination of the district's accounting practices and budget allocations during this period.

The Fayette County Public Schools board approved the higher audit costs as part of efforts to ensure financial transparency and accountability. The district's decision to revise its finances across two fiscal years suggests potential discrepancies or adjustments needed in the original filings.

The independent audit is expected to provide a detailed assessment of the district's financial management and help identify any areas requiring corrective action or process improvements. School districts typically undergo annual independent audits to verify the accuracy of financial statements and ensure compliance with state and federal regulations.

The FCPS board has not disclosed the specific dollar amount of the increased audit fees or provided detailed reasons for the financial revisions at this time.