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Johnson Block gives Milton School District an unmodified FY24–25 audit; auditors flag cybersecurity and internal-control awareness
Summary
Johnson Block reported an unmodified (clean) opinion on Milton School District’s FY24–25 financial statements, citing a general fund cash balance of about $10.6 million and a total fund balance near $12.2 million; auditors recommended heightened cybersecurity awareness and periodic internal risk assessments.
Hui Meng, audit manager at Johnson Block, told the Milton School District board on Jan. 26 that the firm issued an unmodified opinion on the district’s FY24–25 financial statements, meaning the statements are fairly presented and free of material misstatement. “Our report issued an unmodified opinion,” Hui Meng said.
The audit presentation summarized key financial highlights: general fund cash of about $10,590,000 (an increase of roughly $1 million from the prior year), current liabilities near $4,500,000 (an increase of about $600,000), and a total fund balance of about $12,200,000. The auditors noted the…
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