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State auditors report clean opinion on district finances; federal programs receive unmodified single-audit findings
Summary
The Alabama Department of Examiners of Public Accounts and CPA firm Malden and Jenkins presented the Limestone County Board of Education with an unmodified opinion on the district's 2022-23 financial statements and clean single-audit findings for ESSER and special education programs.
April Perser, audit manager with the Alabama Department of Examiners of Public Accounts, and James Bennett, engagement partner at Malden and Jenkins, presented the Limestone County Board of Education with the district's annual audit results for Oct. 1, 2022, through Sept. 30, 2023. Perser said the presentation was made under Act No. 2006-196, Acts of Alabama, §16-13A-7, commonly referred to in the meeting as the School Fiscal Accountability Act.
The audit engagement partner, James Bennett, told the board that the auditors issued an unmodified opinion on the district's financial statements, saying the statements prepared by management were "materially correct as presented." Bennett also said auditors found no disagreements with management and that adjustments identified during the audit were recorded by management.
Because the district reported more than $750,000 in federal expenditures during the audit period, Bennett said the district was subject to a federal single audit. He reported that the ESSER program and the special education cluster each received an unmodified opinion and that the auditors did not identify any material weaknesses or material noncompliance in those programs. Bennett said the audit report has been filed with state officials and submitted to the Federal Audit Clearinghouse.
The presentation was informational; the board did not take any formal action on the audit other than to accept the presentation. Board members asked no substantive questions during the brief exchange, and Bennett invited questions at the end of his remarks.
The audit period, the single-audit requirement because of federal expenditures above the $750,000 threshold, and the programs specifically reviewed were all noted during the presentation. No findings of material noncompliance or material weaknesses were reported by the external auditors in the segments of the audit discussed at the meeting.
Board members may review the full audit report filed with state and federal repositories for further detail on adjustments and program testing.
