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Board accepts audit with unmodified opinion; auditors flag Davis‑Bacon documentation issue
Summary
The district’s independent auditors issued an unmodified opinion on the FY2025 financial statements but identified two significant deficiencies and an ESSER-related Davis‑Bacon documentation issue tied to the Wilson vestibule. The board voted to accept the audit.
Independent auditor Mark Burton presented the fiscal year 2025 audit to the board on Jan. 14, telling trustees the firm issued an "unmodified opinion on the financial statements as well as federal awards." He said auditors did not find material weaknesses but identified two significant deficiencies: segregation of duties and the district's conversion requirements from cash to accrual accounting.
Burton also described testing of federal ESSER funds, noting extra effort because some expenses were recorded as journal entries after the ESSER funds were available. The auditors found one significant deficiency related to Davis‑Bacon prevailing‑wage documentation for the Wilson vestibule, which the auditors said had been paid and constructed before the district knew federal funds would be used. Burton summarized: "That was the only finding is that the Davis Bacon wasn't you weren't compliant with the Davis Bacon."
Board members thanked finance staff and moved to accept the audit as presented. Trustee (Speaker 4) moved approval; the board then approved acceptance of the unmodified audit on a voice vote. Staff said the report submitted to state and federal authorities will remove an inapplicable note previously included (Note 19).
