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Independent audit: clean financial opinion, one internal-control finding tied to reconciliations
Summary
External auditors delivered a clean opinion on Lee County Schools' 2024 financial statements but flagged one internal-control finding related to account reconciliations delayed by finance-staff turnover; auditors reported no budget violations after reconciliations were completed.
An external audit of Lee County Schools for the year ended June 30, 2024, produced a clean financial-statement opinion and identified one internal-control finding that the district has since addressed, the board heard on Monday.
Dale Smith of Anderson Smith & White told the board the audit's financial-statement opinion was clean and that cash and cash equivalents at June 30, 2024, were…
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