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Board places FY24-25 audit on file; auditor notes unqualified opinion and material weakness in capital-asset controls
Summary
Auditor Virgil Harden presented an FY24-25 audit with an unqualified opinion under a modified cash basis, reported a compensated-absences liability near $1.4 million and a $947,000 sick-leave payout figure, and cited a material weakness in internal controls over capital assets; the board accepted and placed the audit on file.
Virgil Harden presented the district’s fiscal-year 2024–25 audit to the board and described the financial statements as presenting fairly in all material respects. "In our opinion, the accompanying basic financial statements present fairly in all material respects," Harden read, signaling an…
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