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Gilbert Unified board accepts FY2025 financial report after auditor delivers clean opinion
Summary
External auditor Heinfeld Meach reported an unmodified (clean) opinion on Gilbert Unified's FY2025 financial statements; the board accepted the Annual Comprehensive Financial Report by roll call at the Jan. 6 meeting after brief discussion of net pension liabilities and accounting estimates.
Gilbert Unified School District's governing board voted unanimously on Jan. 6 to accept the district's FY2025 Annual Comprehensive Financial Report after an external auditor delivered an unmodified opinion.
Jennifer Shields, principal auditor with Heinfeld Meach, told the board the audit produced a clean (unmodified) opinion, noting two audit adjustments that management had made: reconciling employee benefit trust claim expenses and addressing timing differences in state equalization postings. "Our opinion is in fact unmodified,"…
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