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Woodhaven-Brownstown board approves 2024‑25 final audit; auditors report unmodified opinion
Summary
The Woodhaven‑Brownstown School District Board of Education approved the district's 2024‑25 final audit after a presentation from auditor John Ringline, who said the financial statements received an unmodified opinion and there were no material weaknesses in internal controls.
The Woodhaven‑Brownstown School District Board of Education voted to approve the district's 2024‑25 final audit on Oct. 14 after a presentation by auditor John Ringline of Manor Kisterian.
Ringline told the board the district's financial statements received an unmodified opinion, the highest opinion auditors provide, and that the audit did not identify any material weaknesses in internal controls. "Our financial statement audit did have an unmodified opinion," Ringline said, adding that management corrected any issues that arose during the audit and that he commended district staff for their work.
The auditor explained that the district's single audit (the federal compliance portion required when federal awards exceed $750,000) required additional coordination this year because the federal Office of Management and Budget's compliance supplement was delayed. Ringline said state budget language allowed the Michigan Department of Education to accept a split submission so the financial statements could be filed by the Nov. 1 state deadline while the federal compliance testing would follow when the supplement is finalized.
Board member motions to approve the audit passed by voice vote. The motion to approve the 2024‑25 final audit was made by Board Member Berry and supported by Board Member Chopak; the board chair called for the ayes and the motion carried.
The district's audited governmental funds show a general fund fund balance of about $14.8 million, assets near $28.8 million and liabilities near $14.1 million. The audit noted a decrease in the general fund balance of about $3.0 million for the year (from roughly $17.7 million to $14.7 million), producing a fund balance equal to about 16.5% of annual expenditures, within the Michigan School Business Officials' (MSBO) recommended 15%–20% range.
Ringline also described accounting standard changes that affected the report: implementation of GASB 101 altered the district's reported compensated‑absences liability and reduced prior‑year net position by about $2.0 million at the government‑wide level; this change had no fund‑level impact. He noted other upcoming GASB standards that auditors and staff will monitor.
No board members asked follow‑up questions during the public presentation. The board formally approved the audit by voice vote, and the district will submit the financial statements by the Nov. 1 state deadline and follow with the required federal compliance documents when the OMB supplement is finalized.
