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Murfreesboro City Schools audit: independent firm issues clean opinion; district reports solid reserves
Summary
An independent audit of Murfreesboro City Schools for fiscal year 2025 returned a clean opinion; auditors and district staff highlighted roughly $210 million in assets, about $52 million in liabilities, and roughly $44.2 million in fund balance, with unassigned reserves covering about 2½ months of operations.
Murfreesboro City Schools officials told the board Feb. 24 that an independent audit of the district'025 finances produced a "clean opinion." Jimmy Job of Job Hastings and Associates presented the FY25 audit and said, "the school system received a clean report" and that there were "no findings of any significance." He offered to answer board questions about methodology and compliance.
The auditor walked the board through headline figures: total assets (including buildings and equipment) reported at…
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