Board hears clean audit; bond and Measure AA reports accepted

Fallbrook Union High School District trustees on Feb. 11 accepted the district's annual audit for fiscal year 2024'025 and the Measure AA general obligation bond audit after external auditors reported an unmodified opinion on the financial statements, federal awards and state compliance.

Auditor Andrew Park (presenting with Eddie Bailey) told the board the overall auditor's opinion was "unmodified," commonly called a clean opinion, and that the firm found no issues requiring a qualified, adverse or disclaimer opinion. Park said auditors' testing for bond Measure AA covered $8.1 million of $11.2 million in expenditures (about 73% by sample) and that the district had addressed deficiencies identified in the prior year.

The board approved motions to accept the audit reports by roll call after a brief opportunity for questions. The votes recorded: Jose Caralampio, Chris Haskell, Eddie Jones and Tejonardo Rodarte voted aye; Paul Christensen was absent. The motions were moved, seconded and carried as recorded on the agenda.

Board President Jose Caralampio opened the discussion by inviting questions about the audit scope and sampling. Auditors explained the statistical sampling approach used for program performance testing and said that if exceptions were found they would stratify sample testing and apply error rates to the remaining population.

The meeting record shows the audit acceptance is a formal action of the board; staff next steps include publishing the audit and following up on any minor corrective items identified by auditors.

The board also accepted the Measure AA bond audit for FY24-25, which auditors presented alongside the district audit. No additional conditions or findings requiring remediation were presented at the meeting.

The board adjourned the audit items and continued with the evening's agenda.