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Board accepts Fayetteville Public Schools 2024 audit; general fund posts modest increase
Summary
External auditors issued an unmodified opinion on the district’s regulatory‑basis financial statements for the fiscal year ended June 30, 2024. The board voted 7–0 to accept the audit report.
External auditors from HCJ presented the Fayetteville Public Schools fiscal‑year 2024 audit and the board accepted the report during the meeting.
Key takeaways from the audit - Audit opinion: The auditors issued a clean (unmodified) opinion on the district’s financial statements prepared on the regulatory basis required by Arkansas law. (The report included the expected explanatory note that the statements are not presented under US…
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