Francis Maher, Executive Director, introduced auditors Yee Lee McGee and Aaron Edmark from Gary McGee & Co. They provided a comprehensive overview of the three draft financial audit documents that were distributed to each Board member. Ms. McGee said the audit went very well this year, and she thanked St. Mary’s staff for assisting in a smooth audit process. She added there are no further open items to close and pending the outcome of this meeting, the final audit documents would be prepared. Mr. Vuylsteke asked about the decrease in depreciation and whether or not this included Bickmore (Howard) Hall. Mr. Edmark said the decline was due to many items being fully depreciated this past year. Ms. McGee added depreciation would begin on
