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Auditor presents clean opinion; Chickasha school general fund balance dips about $850,000

2111655 · January 14, 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

Contract auditor Steve Blassingame gave the board an unmodified audit opinion, reported an ending general-fund balance of about $6.9 million (down roughly $850,000 from the prior year), and reviewed revenue and expenditure changes, including a $2.9 million drop in gross production tax receipts.

The district’s contract auditor told the Chickasha Board of Education the 2023–24 financial statements received an unmodified (clean) audit opinion and reviewed changes in revenues and fund balances.

Steve Blassingame, the auditor, told the board, “Our job is to audit your financials,” and said the district received a favorable opinion with no significant audit findings or uncorrected misstatements.

Blassingame said the district’s ending general-fund balance as of June 30, 2024, was “a little over $6,900,000” compared with…

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