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Dearborn schools receive clean audit but general fund balance remains below recommended level
Summary
Independent auditors issued an unmodified (clean) opinion on the district's financial statements for the year ended June 30, 2025, while trustees heard that the general fund balance stands near $33.5 million (about 12.4% of expenditures), below MSBO guidance and state averages due in part to transfers for capital projects.
Jeff Higgins, partner in charge of the district audit at Plant Moran, told the board the firm issued an unmodified — or clean — opinion on the School District of the City of Dearborn’s financial statements for the year ended June 30, 2025. "Based on the results of our audit procedures, we've rendered what's referred to as an unmodified or a clean opinion on the district's financial statements," Higgins said in the presentation.
Higgins summarized key figures: total assets…
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