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Acadia Parish School Board accepts clean FY2025 audit; minor Head Start exceptions noted
Summary
The Acadia Parish School Board approved the fiscal year 2025 audit after an auditor reported an unmodified (clean) opinion on the district's financial statements and federal-program testing, while flagging two minor Head Start issues that were corrected.
The Acadia Parish School Board on Dec. 9 accepted the fiscal year 2025 audit after an auditor told the board the district's financial statements fairly presented its position under generally accepted accounting principles and the auditor issued an unmodified (clean) opinion.
The auditor summarized the district's key figures: total revenues of about $132,000,000 and total expenses of roughly $131,000,000 for the year ended June 30, 2025. The auditor said general fund revenue and expenses were each about $97,000,000 and noted that Minimum Foundation Program (MFP) funding amounted to about $60,000,000 — roughly 62% of the district's total revenue. "We were able to issue an unmodified or a clean opinion on those financial statements," the presenter said.
The auditor reported two limited exceptions in federal program testing tied to the Head Start program: duplicated vendor invoices totaling about $2,000 that were recovered after year-end, and an annual federal report that was submitted approximately one to two weeks late. The auditor said the late filing contained accurate information and that the district reconciled the duplicate payments with the vendor and with the federal agency.
Board members asked a few clarifying questions about the audit process and the items noted in Head Start testing. After discussion, Board member Higginbotham moved to approve the audit findings, a motion the board approved by voice vote.
Board members and the auditor also reviewed historical revenue sources: sales tax collections (about $16,800,000), property tax receipts (reported as about 14.1 in the packet), and the role of MFP in the district's budget. The auditor noted district spending remains concentrated in salaries and related benefits (about 73.8% of general-fund expenditures), consistent with peers.
The board's action was procedural: acceptance of the auditor's report and the auditor's recommendation that grant recipients and bondholders can rely on the audited statements. No additional board directives were recorded at the meeting.
