Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Auditor issues unqualified opinion as Dunlap CUSD 323 reviews fund balances, debt capacity
Summary
An external auditor told the Dunlap CUSD 323 school board an unqualified opinion was issued on the district's financial statements and highlighted rising real-estate tax revenue, fund-balance composition and remaining debt capacity as the board considers longer-term budgeting pressures.
An outside auditor told the Dunlap CUSD 323 Board of Education on Feb. 12 that the district’s most recent financial statements received an unqualified opinion, and he flagged key trends in fund balance, tax revenue and debt capacity the board should watch.
Russ, an auditor with Goran & Associates, told the board "we issued an unqualified opinion," and walked trustees through the audit handout that summarizes operating funds, fund-balance composition and year-over-year changes in revenue and expense. He said the district’s total fund balance is reported at about $212,000,000 but that much of that total consists of…
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
