Dallas Center‑Grimes district business manager Michelle Wormuth presented the 2023–24 fiscal audit from Bergen KDV to the board on Monday, and officials characterized the report as an unmodified (clean) opinion while noting several audit adjustments and internal control recommendations.

Wormuth highlighted a restatement: construction‑in‑progress for the high school renovation had been reported as an expense and was adjusted in the audit to $7,909,000 as construction in progress. She also noted the audit adjusted certain self‑insurance accounting items related to incurred but not reported (IBNR) claims and identified minor bookkeeping adjustments in the nutrition program.

The district’s combined fund balance and solvency measures were reviewed: Wormuth said audited revenue was $48,083,121 and the calculated solvency ratio was 18.3% (down from 18.6% the prior year). She noted the board’s prior use of a cash‑reserve levy to replenish deficits in special education and other areas and reported the self‑funded insurance fund had a fund balance of approximately $5.9 million.

Auditors also issued a segregation‑of‑duties comment, a common finding for similarly sized districts, and provided recommendations for additional internal controls. Wormuth told the board the business office staffing size limits the degree of segregation possible and that she would work to implement practical controls to strengthen oversight.

Other audit notes included minor prior‑period journal adjustments in nutrition and certified enrollment adjustments reflected in the audit. Wormuth told the board a deposit and investment limit in the prior year had been exceeded and the board subsequently approved an amendment to increase the authorized limit to avoid repetition.

Board members thanked Wormuth and accepted the audit by voice vote. The board directed staff to circulate the full audit report to board members and noted the district will continue implementing auditor recommendations on internal controls.