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Audit: Forest Lake Area Schools posts clean opinion, general fund stronger; proposed levy up 2.4%

Forest Lake Area Schools Board of Education · December 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

An LD Carlson audit presented an unmodified (clean) opinion for Forest Lake Area Schools and reported stronger general fund cash and fund balances; the district proposed a 2.4% levy increase for payable 2026 with limited homeowner impact shown in sample statements.

Forest Lake Area Schools officials presented their annual financial audit and Truth in Taxation information on Dec. 4, with the district auditor reporting a clean (unmodified) opinion and improved financial position while board staff explained a modest proposed levy increase for payable 2026.

Jackie of LD Carlson told the board the audit contained no material weaknesses and no instances of legal noncompliance, and that the district implemented GASB guidance related to…

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