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Janesville school audit returns clean opinion; board hears federal funding and revenue-limit briefing
Summary
The School District of Janesville received an unmodified audit opinion and board members were briefed on federal funding, revenue-limit authority and open enrollment trends at the Feb. 11 Board of Education meeting.
The School District of Janesville’s financial statements received an unmodified (clean) audit opinion, district finance staff told the Board of Education on Feb. 11, and trustees were briefed on federal funding levels, the district’s revenue-limit authority and open-enrollment trends.
Dan, a district finance staff member, told the board that Baker Tilly auditors reviewed the district’s financial statements and that the statements are “fairly presented in accordance with generally accepted accounting principles, GAAP.” He said two single-audit reviews were…
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