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Auditors report unmodified opinion; board approves corrective action plan addressing prior-period adjustments
Summary
The district’s auditors delivered an unmodified audit opinion for fiscal year 2023–24, noted prior-period adjustments tied to capital and bond accounting and recommended internal-control improvements; the board approved a corrective action plan to address two single-audit findings related to prior-year restatements.
Independent auditors told the Newberg School District 29J Board of Directors on Jan. 14 that they issued an unmodified opinion for the fiscal year 2023–24 financial statements and reported two material weaknesses tied to prior-period adjustments the district staff discovered and corrected.
Audit highlights: David Bledsoe, with the audit team, said the financial statements are fairly presented (an unmodified opinion). The auditors also reported State Minimum Standards work and federal grants review; the single-audit schedule for federal awards included two material weaknesses…
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