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Tempe Elementary District receives clean financial and single audits; USFR questionnaire shows five findings
Summary
District finance staff reported an unmodified (clean) financial statement audit and a clean single audit for fiscal year ending June 2025; the USFR compliance questionnaire returned five findings (three attendance-related, one AFR journal entry, and one late budget submission). The governing board accepted the reports.
Tempe Elementary School District officials told the governing board April 2 that the district received an unmodified (clean) opinion on the financial statement audit and a clean single audit for federal programs, while the USFR compliance questionnaire produced five findings.
Eric Thompson presented the annual comprehensive financial report, single audit report and USFR compliance questionnaire and said the audit identified no findings on the financial statements and no findings on the single audit. "A boring audit is the best audit. We don't want any big, shocking pieces of news," Thompson said.
Thompson said federal expenditures audited included more than $25 million in federal spending for the year, driven largely by pandemic relief funds (Coronavirus State and Local Fiscal Recovery Funds and ESSER). He said federal ESSER spending will be lower in future years and that the district had taken steps to shift some recurring costs into ESSER in prior years, creating a larger maintenance‑and‑operations carryover that softened the current budget impact.
On the USFR compliance questionnaire, Thompson said there were five findings: three related to attendance (membership/absence reconciliation, partial‑day absence calculation and proof of Arizona residency at enrollment), one adjustment to the AFR due to a journal entry, and one late budget submission resulting from transition to a new state submission portal. Thompson said he accepted responsibility for the late budget filing.
Board members asked whether the auditors had reviewed ESSER 1, ESSER 2 or ESSER 3; Thompson said most audited expenses were ESSER 3 and that he did not expect additional ESSER audits. Board members also discussed residency and McKinney‑Vento (homeless) exceptions; Thompson and board members clarified that proof of Arizona residency is required on enrollment unless a student qualifies for an exception such as McKinney‑Vento.
The board voted to accept the annual comprehensive financial report, single audit and USFR compliance questionnaire. The motion passed on a voice vote; no roll call tally was read on the record.
