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Calexico Unified board accepts 2023–24 audit; auditors cite year-end close finding
Summary
Auditors issued an unmodified opinion for Calexico Unified’s 2023–24 financials and federal/state awards but reported a year-end close finding tied to journal entries and some system vulnerabilities; the board accepted the audit and discussed a corrective-action plan.
District auditors from Wilkinson Hadley & Company briefed the Calexico Unified School District board on the 2023–24 audit, reporting an unmodified (clean) opinion on the financial statements and on federal and state award compliance.
Auditor Kevin Sproul explained the structure of the audit report, the required supplementary schedules and the notes to the financial statements. Sproul told the board the audit resulted in an unmodified opinion — the type of opinion districts seek — but the audit included a year-end close finding. That finding arose because a set of year-end journal entries and some delayed entries related to conversions and subscriptions (GASB 87 and GASB 96) had to be made during the audit; Sproul also cited accounting entries affected by an antiquated ASB-related system and some cybersecurity-related disruptions that delayed entries in the district’s financial software.
Assistant Superintendent of Business Luis Elatorre acknowledged the finding, said the district is working with the auditing firm on corrective steps and noted the district has a corrective-action plan with an anticipated completion date included in the audit report. Sproul said there was no potential fiscal impact identified from the finding.
After the presentation, trustees asked questions about the corrective steps and whether the district felt comfortable with the plan; Elatorre said the district was working with the auditors to implement stronger processes and controls. The board then accepted the fiscal-year financial report and the audit presentation by unanimous vote.
No formal additional sanctions or restatements were announced at the meeting; staff said they will continue following up with auditors on corrective actions and will return to the board as appropriate.
