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McGuffey District auditors issue clean opinion for fiscal year ending June 30, 2023
Summary
Independent auditors reported an unqualified (clean) opinion on McGuffey School District’s FY2022–23 financial statements and federal expenditures, noting a modest increase in the general fund balance and lower‑than‑budgeted expenditures that produced a favorable variance.
An independent audit presented July 18 found no qualifications on McGuffey School District’s financial statements for the year ended June 30, 2023, the auditor told the board.
"Our opinion is an unqualified opinion on the financial statements," Steven Needenberger of Hozak, Speck, Neutsel & Wood said, calling it a "clean audit report." He also said the audit produced an unqualified opinion on federal program expenditures tested under the single audit.
The audit materials in the board packet show…
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