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Bath County board approves FY25 audited financial report; auditor says final federal supplement still pending
Summary
The Bath County Board of Education approved its fiscal year 2025 audited financial report after an independent auditor presented a clean opinion; finalizing the report requires an OMB compliance supplement that remains unsigned because of a federal government shutdown.
The Bath County Board of Education on Oct. 27 approved the school district's fiscal year 2025 Annual Financial Report after an independent auditor presented a draft audit that received a clean opinion.
The auditor told the board the financial statements "are fairly presented in all material respects in accordance with generally accepted accounting principles," and that the audit and the single-audit testing of federal programs showed "no material weaknesses, no significant deficiencies, no noncompliance," calling it "a clean report." The auditor also warned the board the audit remains a draft until the Office of Management and Budget's (OMB) compliance supplement is formally approved; a government shutdown has delayed that approval.
The board approved the consent agenda that included the annual audited financial report as part of a package of routine items. The motion to approve item 6 (consent items…
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