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District audit clean opinion, but auditors report 55% certificated-salary shortfall
Summary
External auditors issued unmodified opinions on the district—inancial statements and federal/state awards but reported the district spent 51.08% on classroom teacher salaries versus a 55% threshold, producing an estimated $4.9 million questioned-cost effect; staff said a county waiver will be submitted and the board will be briefed on corrective tracking.
An external audit for El Rancho Unified found the district—inancial statements, federal awards and state-compliance areas free of material misstatement, but auditors flagged a statutory threshold shortfall tied to certificated teacher salaries.
Monique Panzo, supervisor at Christie White, told the board the audit team issued unmodified opinions for the 2023-24 financial statements and federal awards. She said auditors tested internal controls, state compliance and ESSER/GEER spending and found no material…
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