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Auditor gives St. Martin Parish Schools an unmodified opinion; report discloses federal-compliance finding and ongoing restitution effort
Summary
The district received a clean (unmodified) audit opinion, auditors reported a 5.4% deviation triggering a Louisiana Budget Act finding, identified a federal prepayment finding tied to one transaction in 29 tested related to an MSAP invoicing practice, and noted ongoing restitution efforts for a misappropriation dating to June 2016.
Mister Shobhan, the auditor presenting the district's audit report, told the St. Martin Parish Schools Board that the independent auditors had issued a "clean or unmodified audit opinion" on the district's financial statements.
Shobhan said the auditors included several findings. The first was noncompliance with the Louisiana Budget Act: for audit purposes the district showed a 5.4% deviation in certain special-revenue funds, which meets the act's threshold for a finding. "Instead of reading that, you must project or you must budget your revenues and expenditures each year. If your revenues…
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