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External auditor issues clean opinion; Germantown general fund grew to roughly $10.2 million

Germantown School District Board of Education · December 17, 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

Baker Tilly principal Paul Franz told the Germantown School District board the 2024–25 audit received an unmodified opinion; the district added roughly $1.2 million to general fund balance, leaving about $8.1 million unassigned (≈16% of operating costs), within recommended policy ranges.

Paul Franz, principal with Baker Tilly, presented the district’s 2024–25 financial audit and said the firm issued an unmodified (clean) opinion on Germantown’s financial statements as of June 30, 2025.

Franz said in plain terms the audit found the financial statements contained required disclosures and ‘‘are free of material misstatements.’’ He reported…

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