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Auditors give North Polk Community School District an unmodified opinion for fiscal 2024; two minor findings noted
Summary
An external audit of North Polk Community School District financial statements for the year ended June 30, 2024, returned an unmodified opinion. Auditors highlighted revenue gains driven by state aid and local taxes, higher expenditures tied to facilities and bond debt, and two nonmaterial findings that district staff have begun to address.
Nick Staley, a certified public accountant and partner at TrustPoint, presented the independent audit of North Polk Community School District’s financial statements for the year ended June 30, 2024, and said the firm issued an unmodified opinion — the highest standard auditors can provide.
Staley told the board the district reported total governmental revenues of about $35 million for fiscal 2024, roughly $2.5 million more than the prior year. He said the increase was driven primarily by higher local tax receipts (about $1.2 million) and increased state aid (about $1.8 million), while federal revenue declined by roughly $400,000 as one-time…
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