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Urbandale board approves FY2025 audit after auditor reports clean opinion
Summary
The Urbandale Community School District board voted 7–0 to accept the FY2025 audit, which showed an unmodified opinion, no internal-control or compliance findings, and an emphasis-of-matter related to a compensated-absences accounting change that restated beginning fund balance by about $1,000,000.
The Urbandale Community School District board on a 7–0 roll-call vote approved the district's fiscal year 2025 audit after an auditor summarized the results and answered board questions.
The auditor reported the district received an unmodified opinion on its financial statements, the highest standard auditors can issue. The report included an emphasis-of-matter paragraph tied to implementation of a new accounting standard for compensated absences; the change required the district to recognize…
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