District auditor presents draft financials; federal audit guidance delay may require supplemental testing

Brenda, external auditor, told the Laramie County School District #2 Board of Trustees on Nov. 5 that she had prepared draft financial statements but could not finalize the federal portion of the Single Audit because the Office of Management and Budget (OMB) and Department of Education supplement that defines required testing had not been issued in final form.

The auditor said the federal supplement, normally released in summer, arrived only as a draft in August and that a federal shutdown threatened further delay. "I could issue a report and date it and do a finalized thing report. But then if something changes, I'd have to come back and do those tests and reissue the report," she told trustees.

That uncertainty affects which federal programs the auditor must test. The district's schedule of federal awards for the year was down roughly $1 million from the…