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El Rancho Unified audit: unmodified opinion but district missed state's 55% certificated-salary threshold
Summary
External auditors issued unmodified opinions on the district's financial statements and federal/state awards but reported a finding that the district spent 51.08% on classroom teacher salaries, short of the 55% threshold; the district said it will seek an exemption/waiver from the county.
External auditors presented the Rancho Unified School District's 2023–24 annual financial audit at the Jan. 21 board meeting and issued unmodified opinions on the district's financial statements, federal awards and state compliance tests.
Monique Manzo of the audit firm summarized the audit scope (internal controls, purchasing, payroll, attendance and federal awards). She reported an unmodified (clean)…
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