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Spearfish School Board accepts FY2024 audit; auditor reports four findings, clean opinion
Summary
The Spearfish School District board accepted the fiscal year 2024 audit, receiving an unmodified (clean) opinion and a separate federal compliance opinion. Auditor flagged four findings, two of which the auditor described as repeat items.
The Spearfish School District 40-2 School Board voted Jan. 13 to accept the district's fiscal year 2024 audit and the related federal compliance audit.
The audit partner, identified in the meeting as Jeff from the firm Cadle Thorsten, told the board the financial statements carried an unmodified opinion and the compliance audit of federal programs — triggered because the district spends more than $750,000 in federal funds — also resulted in an unmodified…
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