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Auditor issues clean opinion; Red Lake board accepts audit and hears fund-balance highlights
Summary
External auditor reported an unmodified opinion and strong general fund reserves; the board moved to accept the 2024–25 audit and discussed enrollment and bond balances.
The Red Lake Public School District’s auditors reported an unmodified (clean) opinion on the district’s financial statements during the board’s Jan. 21 meeting, and the board moved to accept the audit.
Brian (S6), the auditor presenting the report, told trustees the audit produced a clean opinion: "We have issued an unmodified opinion on the financial statements," and highlighted several financial metrics, including a healthy general fund position. The auditor said unassigned fund…
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