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Tustin Unified accepts 2023–24 financial audit and Measure S performance audit with clean opinions
Summary
Tustin Unified School District trustees accepted the district’s 2023–24 financial audit and a performance audit of Measure S bonds, with the auditor reporting an unmodified opinion on the financial statements and no federal-program or Measure S findings.
Tustin Unified School District trustees voted to accept the district’s 2023–24 general financial audit and the Measure S general obligation bond audit after an auditor described both reports as clean.
Jeff Nigro of Nigro and Nigro summarized the audits for the board, saying, “the outcome of the audit, I'm pleased to report, is an unmodified opinion.” He told the board there were no findings related to financial statement reporting and no findings related to federal programs; he said there were “some findings in the state compliance areas” but characterized the overall report as “a very clean audit report.”
Nigro also presented the Measure S financial and performance audit for the 2023–24 fiscal year. He explained that the performance audit examines whether bond proceeds were spent only on allowable Measure S projects and reported no findings for Measure S in 2023–24.
Board members moved and passed a motion to accept the audit reports as submitted by Nigro and Nigro PC. No roll-call tallies were recorded in the transcript; the motion passed by voice vote.
The board did not take additional action beyond accepting the audits; the auditor offered to answer questions and said the reports include detailed financial statements and supplemental information for members of the public who want to review the underlying data.
