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Auditor gives Lewiston schools an unmodified opinion; committee hears carryover and federal fund details

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

External auditor RHR Smith presented an unmodified (clean) audit for year ended June 30, 2024, detailed a roughly $16.5 million general-fund carryover and noted about $24 million in federal funds that flow through the district.

RHR Smith principal Ron Smith told the Lewiston School Committee on Feb. 3 that the district’s financial statements for the year ended June 30, 2024, received an unmodified opinion — the highest-level audit opinion.

Smith walked committee members through key figures from the audit: about $26 million in total assets and roughly $9.3 million in liabilities in the general fund at 06/30/2024, leaving approximately $16.5…

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