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Springfield SD board accepts clean audit showing $7M in unassigned fund balance
Summary
The Springfield School District board unanimously accepted the June 30, 2025 audited financial statements, hearing that the general fund finished about $2.26 million better than budget and that unassigned fund balance is approximately $7 million (about 8% of next year’s $93.6 million budget).
The Springfield School District Board of School Directors on Nov. 20 unanimously accepted the district's audited financial statements for the year ended June 30, 2025, following a presentation by CliftonLarsonAllen.
Bob Kaufman, a manager with CliftonLarsonAllen's state and local government team, told the board there were "no material adjustments made or no uncorrected adjustments," and described the audit opinion as clean. Kaufman said…
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