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Auditors give Ann Arbor Public Schools a clean FY25 opinion; fund balance improves but board remains below policy target
Summary
Plant Moran presented an unmodified opinion for fiscal year 06/30/2025, reporting an audited ending general fund balance of about $21.6 million (≈7.2% of expenditures) and no material weaknesses; staff said a budget amendment will be brought to the board in December and highlighted ongoing state funding and retirement‑cost pressures.
External auditors from Plant Moran presented the results of the Ann Arbor Public Schools fiscal‑year 2025 audit, giving an unmodified (clean) opinion and reporting no material weaknesses or significant deficiencies in internal control.
Core audit results and context: auditors said the district’s financial statements were fairly presented for the year ended June 30, 2025. Finance staff reported audited revenues of roughly $306.4 million and expenditures of about $302.1 million. The…
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