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Independent audit: district posts unmodified opinion, net position up about $18 million
Summary
Wipfli issued an unmodified opinion on DeKalb CUSD 428’s FY2023–24 financial statements and reported a roughly $55 million net position, up about $18 million from the prior year.
Wipfli LLP on Feb. 10 presented DeKalb CUSD 428’s FY2023–24 independent audit and annual comprehensive financial report. Scott Denzler, governmental audit partner, told the board that auditors issued an unmodified (clean) opinion on the district’s basic financial statements.
Key findings from the audit presentation - Unmodified opinion: Denzler said the firm issued an unqualified opinion, meaning the audited basic financial statements are “fairly stated in all material respects.” - Net position: The government‑wide statements show a year‑end net position of about…
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