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Owatonna schools receive clean audit; district spending up, fund balances remain healthy
Summary
Auditor CLA told the Owatonna Public School District board on Dec. 8 that it issued a clean audit opinion with no findings, including on federal program testing. District revenues and expenses rose year over year, with most spending directed to instruction and a modest drawdown in unassigned fund balance.
The Owatonna Public School District heard a clean audit report from CLA on Dec. 8, with CLA principal Luke Bridal telling the school board the firm was issuing "a clean audit opinion" and found no material misstatements or compliance findings in the financial statements.
Bridal said the audit covered both financial reporting and compliance checks required by Minnesota law and government auditing standards, and that the district’s single-audit testing of federal programs — including the child nutrition and Title I programs — produced no findings. "Essentially as clean of an audit as you can have,"…
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