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Independent audit finds Smithville R‑II financial statements present fairly in all material respects
Summary
Westbrook and Company presented the FY25 financial and federal-awards audits; the auditor issued an unmodified (clean) opinion, noted a roughly 20% reserve ratio and made recommendations on internal controls; the board approved the audit.
The Smithville R‑II Board of Education approved the district’s FY25 financial audit after a presentation by auditors from Westbrook and Company.
Brad Steele of Westbrook told the board the independent audit opinion was unmodified: “in our opinion, the financial statements referred to above present fair in all material respects,” he said, describing that result as the clean audit the Missouri Department of Elementary and Secondary…
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