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Auditors give Hoover City Schools a clean FY24 opinion; district outlines multi-year capital plan
Summary
External auditors presented an unmodified (clean) opinion on the district's FY2024 financial statements, highlighted large increases in capital grant activity and capital spending, and staff presented an updated FY25 multiyear capital plan projecting reserves through FY33.
External auditors presenting to the Hoover City Board of Education delivered an unmodified (clean) opinion on the fiscal year 2024 audit and highlighted several material year-over-year changes, while district staff outlined a multi-year capital plan that maintains healthy reserves through planned investments.
Representatives from Carr, Riggs & Ingram (Andrew Waits and Grant Schumpert) told the board the district received a clean audit opinion for FY2024. The auditors said an "agreed-upon procedures" review had also been performed at selected schools to test compliance with local policies governing…
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