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Auditor gives South Washington County Schools a clean opinion; single audit pending
Summary
Independent auditors reported an unmodified (clean) opinion on the district's fiscal-year financial statements for the year ended 06/30/2025, highlighted ADM of 19,220 and general fund revenues/expenditures near $346 million, and noted a required GASB accounting change affecting unrestricted net position; the federal single audit remained in progress with a March 31 deadline.
Independent auditors reported to the school board that South Washington County Schools received an unmodified (clean) opinion on its basic financial statements for the year ended June 30, 2025.
Aaron, the presenting auditor from the contracted audit firm (formerly MMKR, now merged with LB Carlson), told the board the financial statements are "fairly stated" for the year and that audit testing found no material weaknesses or instances of noncompliance in internal controls.
Key financial points
- Average daily membership (ADM): auditors reported an ADM of 19,220 students, an increase of about 211 students from the prior year. -…
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