Auditors told the Cumberland County Board of Education committees on Dec. 2 that the districts financial statements for the year ended June 30, 2025, earned a clean, unmodified opinion.

"We issued a clean, unmodified opinion," lead audit partner Dale Smith said, adding that the audit found no material weaknesses or significant deficiencies in internal control and no reportable noncompliance in testing of state and federal programs. Smith told board members the compliance testing on major federal and state programs also produced clean opinions, and that routine audit letters contained only required communications.

The audit presentation summarized fund-level results the auditors said would not change materially during finalization. Smith reported that the general funds unassigned fund balance remained in a healthy position for comparison with similar districts, noting the district intentionally spent down about $8.1 million last year as ESSER funds expired.

The auditors reviewed special revenue, capital outlay, school food service and childcare (Prime Time) funds; they flagged a school food service net loss for 2025 driven primarily by one-time equipment purchases and higher indirect cost payments but said the program remained in strong cash condition at year end. Smith said, "everything that you've been looking at is going to be final" once federal compliance supplements were processed and that management had been cooperative in providing documentation.

Board members publicly thanked the finance team and the audit firm for the timely, clean report. Jay (district finance staff) and his team were singled out by board members for the documentation and responsiveness that allowed auditors to complete testing on schedule.

Next steps: staff will finalize the audit letters and incorporate the remaining compliance supplement data; no board action was required beyond receipt of the financial statements at the committee meeting.