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District audit returns clean opinion; auditors flag capital outlay budget practices and a staffing funding error
Summary
Auditor reported an unmodified (clean) opinion for Transylvania County Schools' 2024-25 financial statements but identified two notable findings: repeat budget violations in the capital outlay fund and a prior misallocation of a media specialist's salary to an ineligible allotment that was corrected before year-end.
Independent auditors presented draft financial statements for the fiscal year ending June 30, 2025, and reported a clean (unmodified) opinion while also identifying two findings the board should address.
The auditor, Shannon Dennison, said the district received an unmodified audit opinion — the best available outcome. "So pleased to report that there is an unmodified or clean opinion for the financial statements," Dennison said, and credited finance and district staff for assembling documentation.
Dennison described fund-balance…
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