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Auditors issue clean opinion on FY24; district financial profile score dips slightly

2156778 · January 28, 2025
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 auditors delivered an unmodified opinion on the district's FY24 financial statements with no findings; the district's ISBE financial profile score fell from 3.7 to 3.45, which staff said reflects spending down fund balance and expected one‑time investments.

The district’s external auditors presented the fiscal 2024 audit to the board on Jan. 27 and issued an unmodified (clean) opinion on the financial statements, reporting no audit findings or internal control deficiencies.

Sheridan Jurgensen, an audit partner with the firm engaged by the district, told the board the audit found the financial statements free from material misstatement and that district records were in good condition. The audit…

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