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Lincoln Way District 210 auditors issue clean FY24 opinion, report $34.3 million general fund balance
Summary
Auditors told the Lincoln Way Community High School District 210 board the district received an unmodified (clean) opinion for fiscal year 2024, reported a $9 million fund-balance increase and a general fund balance of $34.3 million; auditors noted one management comment on capital-asset budgeting.
Lincoln Way Community High School District 210 received an unmodified (clean) audit opinion for fiscal year 2024, auditors told the board at its Nov. 21 meeting.
"It was a pretty uneventful audit this year," said a district representative introducing auditors, and Katie Napier, the partner in charge, told trustees the audit supports that characterization by issuing a clean opinion on the district's cash-basis financial statements.
The audit presentation showed an increase in fund balance of approximately $9,000,000 during fiscal 2024 and a total general-fund balance of $34,300,000 as of June…
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