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

Banks School District 13 Board of Directors · March 10, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Auditors delivered a clean (unmodified) opinion for Banks School District 13's 2024–25 financial statements, reporting one required disclosure where a budgeted line item exceeded its appropriation and noting upcoming accounting standard changes affecting sick leave reporting.

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…

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