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District audit: Wipfli reports clean, unmodified opinion on 2024 financial statements
Summary
Auditor Wipfli told the Middleton-Cross Plains Area School District board the district received a 'clean, unmodified opinion' on its 2024 financial statements, with no audit adjustments and an unassigned general fund balance the firm described as ample relative to common reserve guidance.
Brian Anderson of audit firm Wipfli told the Middleton-Cross Plains Area School District Board on Dec. 15 that the firm issued a "clean, unmodified opinion" on the district's 2024 financial statements after testing the financials and controls. Anderson said auditors found no adjusted journal entries and no disagreements with management.
Anderson reviewed highlights intended to help board members interpret the statement of net position and fund balances. He said the district’s…
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