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Haywood County Schools audit: clean opinion, $7M+ fund balance but rising costs and nutrition cash decline flagged
Summary
Auditors reported an unmodified (clean) opinion on Haywood County Schools— FY2024-25 financial statements, a $1.7 million net increase in general fund balance to just over $7 million, but warned of rising personnel/benefit costs, shrinking stimulus revenue and a $422,000 drop in school nutrition cash.
Auditors told the Haywood County Schools board that the district received an unmodified, or clean, opinion on its FY2024-25 financial statements and ended the year with a net increase in its general fund balance of $1.7 million, leaving an unrestricted balance just over $7 million.
"This is an unmodified report," said Andy Beals, a partner with the auditing firm Anderson Smith and Watts, summarizing the financial-statement opinion. He told the board the audit package includes three additional compliance reports covering federal and state grant programs; all were also…
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