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Auditors give Deming Public Schools an unmodified opinion; material reporting adjustment noted for bond proceeds
Summary
External auditors presented the district's fiscal-year 2023–24 audit, issued an unmodified (clean) opinion on the financial statements, and reported a material reporting adjustment related to accounting for bond proceeds; the board accepted the audit.
The independent accounting firm Jaramillo Accounting Group presented results of the fiscal-year ending June 30, 2024, financial audit for Deming Public Schools and reported an unmodified (clean) opinion on the district's financial statements.
Nut graf: Auditors noted the district timely filed audited statements, the state auditor released the financials after desk review, and the district's general operating fund balance has grown over five years. The auditors also reported a material reporting adjustment related to the accounting for bond proceeds and several…
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