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Auditor: Central Valley SD received unmodified opinion but fund balance fell about $1.01 million
Summary
Charlie of Cypher and Cypher told the Central Valley School District board the FY2025 audit came back unmodified but showed a roughly $1.01 million drop in fund balance and warned the end of ESSER funding will pressure the 2026 budget.
Charlie, an auditor with Cypher and Cypher, told the Central Valley School District board on March 11 that the district’s financial statements for the year ending June 30, 2025, received an unmodified (clean) opinion.
Charlie said the district reported general fund revenue of about $44.5 million and expenditures of about $46.2 million for the year. He reported a fund balance of roughly $3.29 million and described a year‑over‑year decrease in fund balance of approximately $1.007…
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