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River Falls audit receives unmodified opinion; board approves Baker Tilly as next auditor

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

The Finance & Facilities Committee reviewed the district audit for July 1, 2023–June 30, 2024 and received an unmodified opinion from CliftonLarsonAllen; the board heard two audit adjustments (proposed adjustments and a depreciation restatement tied to auditor software) and approved engagement of Baker Tilly US LLP for 2024–25.

The River Falls School District’s Finance & Facilities Committee reviewed the annual audit covering the fiscal year July 1, 2023–June 30, 2024 and reported an unmodified opinion from CliftonLarsonAllen (CLA), the auditing firm that conducted the review. Committee members said the audit returned the highest-level opinion a district can receive.

Lynette, who led the finance briefing to the committee and board, said auditors noted two main issues: routine proposed adjustments — common in school-district audits — and an unusual depreciation restatement. The depreciation matter, she said,…

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