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Auditor gives clean opinion but flags fund‑balance decline and child‑nutrition losses
Summary
External auditor reported a clean (unmodified) opinion for Hoke County Schools' 2024–25 financial statements but identified four findings including late reconciliations, purchase order and budget control issues, and position‑allotment overspends. The general fund balance fell to $948,000.46 and the school nutrition program lost $764,006.89 for the year.
An external auditor presented Hoke County Schools’ 2024–25 annual audit on Jan. 13, issuing a clean, unmodified opinion while identifying several control and compliance findings the district must address.
The auditor (Speaker 9) told the board that the general fund balance as of June 30, 2025, was $948,000.46 — a year‑over‑year decrease of $226,003.18. Combined with the "other special revenue fund," the district reported a roughly $1.4 million decrease in fund balance. "We would actually recommend that you try to get the fund balance back up to around $1,500,000.0 if you could," Speaker 9 said, noting that $1.5 million would…
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