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IUSD auditors report clean financial and Measure E performance audits
Summary
Independent auditors told the board the district received unmodified (clean) opinions on the 2024–25 financial statements, federal-award compliance, and state compliance, and the Measure E building fund performance audit found expenditures were properly accounted for; auditors said there were no reportable findings.
The board received presentations from Eide Bailly auditors on the district-wide 2024–25 financial audit and a separate financial and performance audit of the Measure E building fund. Rick Alonzo, identified at the meeting as a partner with Eide Bailly, told the board the firm issued unmodified opinions for the district’s financial statements, federal-award compliance, and state compliance — the…
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