CFISD auditors report 'clean opinion' on FY2025 federal single audit
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Summary
Auditors from Weaver & Tidwell presented the finalized FY2025 federal single audit and reported an unmodified ("clean") opinion with no material weaknesses or significant control deficiencies for the district's major federal programs.
Auditors from Weaver & Tidwell LLP presented the finalized federal single audit for fiscal year 2025 at the Cypress-Fairbanks ISD board work session on Dec. 11.
Greg Peterson introduced the report and auditor Karen (Weaver & Tidwell) told trustees the firm will issue an unmodified opinion — commonly called a "clean opinion" — for the district's federal programs. The audit focused on three major programs: Child Nutrition, Title II, and the COVID-19 Disaster Grant Program, which together made up about 55% of the district's federal expenditures.
Karen said auditors found no control deficiencies, no significant deficiencies and no material weaknesses in internal control over compliance, and that the schedule of federal expenditures was complete and accurate in accordance with Uniform Guidance. The auditors noted the final issuance had been delayed by the Office of Management and Budget's compliance supplement release and a federal government shutdown but added there were no changes from the draft previously shared with the board.
The board asked if there were questions; none were raised and the trustees thanked the auditors for their presentation.