Banks School District 13 gets a clean 2024–25 audit; one budget-line finding reported

Auditors told the Banks School District 13 board on March 9, 2026, that the district's 2024–25 financial statements received an unmodified opinion — the highest level of audit assurance — while the audit also identified one required disclosure for a line item where actual expenditures exceeded the budgeted amount.

"We've provided what's known as an unmodified opinion. That is basically the highest level opinion we can provide. It's a clean opinion," said Connor Delaney, the senior manager overseeing field work for the district's audit, during a board presentation of the financial report and supplemental letter.

Delaney described the audit process, the state-required tests (including insurance coverage and public purchasing rules), and the single state-minimum-standards finding: one budgeted line item exceeded appropriation levels, requiring disclosure though no fund was overdrawn. He said there was no separate management letter because auditors did not identify a significant deficiency in internal controls.

Delaney also noted a change in accounting guidance the board may notice in future government-wide statements: a requirement to report a liability for accrued sick time under recent GASB guidance. He warned that anticipated Oregon Department of Education changes to account-code infrastructure could require additional business-office effort and possibly additional staffing if implemented.

Board members thanked finance staff and the auditors for the clean opinion and the clear explanation of the single disclosure. The board did not take any immediate fiscal actions at the meeting based on the audit presentation.

What happens next: staff will continue internal audits and monitor ODE accounting changes that could affect future fiscal-year reporting and workloads.