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Osseo School Board accepts FY2025 audit showing clean opinion and strengthened reserves
Summary
Independent auditors issued an unmodified (clean) opinion on Osseo Public School District’s FY2025 financial statements, with no findings on internal controls or Minnesota compliance; the board accepted the audit and noted an increase in assigned fund balance to cover next year’s adopted budget gap.
The Osseo Public School District board on Nov. 18 accepted the fiscal year 2025 audited financial statements after hearing a presentation from the district's independent auditor.
Jim Eichten of LB Carlson told the board auditors issued an unmodified — or "clean" — opinion on the district’s basic financial statements and reported no findings related to internal controls or Minnesota legal compliance. He also said the district implemented recent government…
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