Independent auditors give LCSD No. 1 a clean audit and no federal single-audit findings

The Laramie County School District No. 1 board accepted the district's fiscal year 2025 financial audit after auditors from MHP reported a clean set of opinions.

Jed Ciccarelli and Stephanie Pickering of MHP told the board their independent auditor's report issued an unmodified opinion on the district's financial statements and that their internal-control review found no significant deficiencies or material weaknesses. Pickering said the single-audit testing of major federal programs audited this year ' Title I, Title IV and Perkins/CTE ' produced no instances of noncompliance or modified opinions.

"In our opinion, based on the audit and the reports of Podare, the accompanying financial statements present fairly in all material respects the financial position of the school district," Pickering said.

District staff noted that Wyoming statute requires annual external audits and that the federal government shutdown delayed an Office of Management and Budget compliance supplement, pushing some testing timelines; auditors said they still expect to meet state reporting deadlines after submitting required work.

Pickering and Ciccarelli emphasized a few items trustees should review in the audit footnotes, including large long-term liabilities such as the net pension liability with the Wyoming Retirement System and OPEB liabilities related to health insurance, and the adoption of a GASB standard affecting compensated-absence reporting. No audit findings, significant deficiencies or disagreements with management were reported.

After the presentation, the board moved, seconded and approved acceptance of the audit by voice vote.