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Shorewood board accepts auditors' report, auditor urges stronger written procedures and higher reserve policy

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Shorewood School Board accepted a clean audit opinion for the year ended June 30, 2024, heard auditors recommend strengthening written procedures and consider a higher fund balance policy, and reviewed key fund balances and debt levels.

Shorewood School Board members voted to accept the audited financial statements for the year ended June 30, 2024, after a presentation from Amber Juriske of CLA, the district's auditors.

Juriske told the board, “In summary, we issued an unmodified clean opinion on the financial statements.” She said auditors found no compliance issues on federal or state programs and no disagreements with management, but flagged one finding related to financial statement preparation and recommended continued strengthening of written policies and internal controls.

The auditor reviewed the district's fund balances and long‑term obligations. Juriske reported the…

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