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Riverview auditor delivers clean opinion; district shows multi‑million dollar fund balances
Summary
The district's independent auditor reported an unmodified ("clean") opinion on the 2023–24 financial statements and highlighted $27.9 million in general‑fund revenue, an unassigned fund balance of about $1.8 million and committed capital reserves of about $5.2 million.
Justin Vincheri, the district's independent auditor, told the board the 2023–24 audit received an unmodified, or "clean," opinion.
"We issued an unmodified opinion for the independent auditor's report," Vincheri said during the March study session, summarizing key sections of the 06/30/2024 financial statements.
The audit review showed total general‑fund revenues of about $27.9 million and expenditures of about $25.8 million, producing a year‑over‑year increase in fund balance of roughly $2.1 million.…
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