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Audit: Wilmette SD 39 ends FY25 with strong fund balance; Baker Tilly notes no issues
Summary
Baker Tilly presented the FY25 audit to Wilmette SD 39; auditors found no control issues and the district finished the year with a 51.9% operating fund balance, the district reported.
Baker Tilly's FY25 audit found no issues with District 39's internal controls, and district finance staff told the board the district closed the year in a strong fiscal position.
Corey Boltzmeier, speaking during the audit review, said the district retained the highest Illinois State Board of Education recognition financial profile score and ended the year with an operating fund balance of 51.9 percent. "We ended the year with the highest, ISBE rec financial profile score...the operating funds ended with a 51.9% fund balance," Boltzmeier said.
Boltzmeier also summarized the Wilmette Community Special Education Agreement (WICSI) audit: WICSI reported roughly $227,000 in revenue and expenditures and no control issues.
Board members had no questions following the presentation, and the audit was included in the consent agenda approved later in the meeting.
Background and next steps
The district noted Baker Tilly provided its opinions and reports on Feb. 6. The board heard the full presentation at the Committee of the Whole and accepted the audit at the March 23 meeting. Standard financial reporting and required follow-up will continue through the Business Office.
