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Auditor issues clean opinion; Sartell‑St. Stephen sees modest fund‑balance gain, small enrollment decline
Summary
Independent auditors delivered an unmodified (clean) opinion on fiscal 2025; revenues rose about $2.4 million (driven by emergency connectivity funds and levy increases), expenditures rose about 6.8%, and fund balance increased roughly $213,013 while resident student counts fell by about 83. Board approved the fiscal‑year audit by voice vote.
The independent audit presented at the Sartell‑St. Stephen School Board meeting concluded with an unmodified opinion for fiscal 2025, a term auditors described as a “clean opinion.” The auditor also reported a mid‑level internal control finding related to segregation of duties — a common item for districts of this size — and said mitigating controls exist.
Key figures presented to trustees included a revenue…
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