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District auditors give unmodified opinion; board hears revenue, federal spending and bond figures

Moline-Coal Valley CUSD 40 Board of Education · December 10, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Auditors presented the 2024 annual comprehensive financial report, reporting an unmodified opinion with no internal control or compliance findings; the board reviewed revenue/expenditure figures, federal ESSER spending and outstanding general obligation bonds.

The board received the district's 2024 annual comprehensive financial report and an auditor's presentation. The auditor summarized the deliverables filed with the Illinois State Board of Education and told the board the district had received an unmodified opinion and "no findings on internal control and no findings on compliance," language the auditor used…

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