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Baldwin-Whitehall audit: clean opinion, but officials warn state budget impasse risks cash flow
Summary
Auditors gave Baldwin-Whitehall an unqualified (clean) opinion for 2024–25 and the district reported a near-$31 million fund balance, but administrators warned a prolonged state budget impasse could force borrowing or program cuts and strain cash flow by February without state payments.
Auditors delivered a draft financial report to the Baldwin-Whitehall School District board on Tuesday, issuing an unqualified — or "clean" — audit opinion for 2024–25 while highlighting the difference between fund balance and available cash.
"We issued a clean opinion or an unqualified opinion for 20 four-twenty 5, which is the highest level of audit opinion that you can receive," auditor Grant Martin said during the presentation. The slides shown to the board reported a fund-balance total nearing $31,000,000 and roughly $3.3 million in net income for the year.
The audit team…
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