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Amador boards approve FY2023–24 audits, grant waivers and global policy updates; district audit flags two findings

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Summary

At a joint meeting of Amador County Unified School District trustees and the county office of education, trustees accepted the district and county audits for the fiscal year ended June 30, 2024, approved two variable-term teaching waivers and adopted multiple board-policy updates.

At a joint meeting of Amador County Unified School District trustees and the county office of education, trustees accepted the district and county audits for the fiscal year ended June 30, 2024, approved two variable-term teaching waivers and adopted multiple board-policy updates.

District audit: unmodified opinion with two findings

Christie White LLC presented the district audit and reported an unmodified opinion on the financial statements, meaning the auditors concluded the statements were presented fairly under generally accepted accounting principles, the auditor told the board. "I am pleased to report that the audit resulted in an unmodified opinion of the financial statements," the auditor said.

Key financial highlights presented for the district included general fund revenue of about $62 million and expenditures of about $65 million for 2023–24, producing deficit spending for that year and an ending general fund balance of roughly $8 million (institutional/reserved fund balance of about $3.2 million). The auditors noted long-term liabilities rose to approximately $54 million, a…

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