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District audit shows clean financial opinion but state compliance findings; auditors flag ELOP and instructional minutes
Summary
Auditors from Nigro Nigro told the Banning Unified School District board on Jan. 23 that the 2023–24 financial statements were fairly stated but state compliance testing produced findings that prompted a qualified opinion on state awards.
Auditors from Nigro Nigro presented the Banning Unified School District’s fiscal year 2023–24 financial audit to the Board of Trustees on Jan. 23, reporting a clean opinion on the financial statements but a modified state compliance opinion tied to specific findings.
Why it matters: Audit opinions determine whether financial statements are fairly stated and whether the district complied with state and federal program rules; findings can trigger financial adjustments and require corrective action with the California Department of Education (CDE).
Oscar Gonzalez, senior manager at Nigro Nigro, told the board the firm issued an unmodified (clean) opinion on the district’s financial statements and no reportable noncompliance for the federal programs tested, including the…
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