Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Auditor: Iredell-Statesville Schools receives unmodified opinion; federal sign-off delays final issuance
Summary
External auditors presented the district's 2024-25 financial audit as an unmodified opinion and reviewed fund-balance trends. The audit remains in draft pending required federal sign-offs on federal awards; auditors do not expect the financial numbers to change.
Anderson Smith & Wike partner Shannon Denison presented the Iredell-Statesville Schools 2024-25 financial audit at the board's Oct. 13 meeting, reporting an unmodified opinion and laying out fund-balance movement during the year.
Denison said the audit report remains in draft because required federal documentation that applies to audits of federal funds has not yet been signed at the federal level.
"As soon as that gets signed, we'll be able to release audits," Denison said in the meeting. She added, "We don't anticipate any numbers changing. The only…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
