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Auditor gives Sumter schools a clean opinion but flags a capital-asset restatement and CDL testing lapse
Summary
External auditor Mauldin & Jenkins issued an unmodified opinion for the district’s 06/30/2025 financial statements but noted a $1.7M restatement of capital assets (material weakness) and a shortfall in CDL drug-testing compliance; the single-audit of Title I and Special Education was clean.
Brian Nicholson of Mauldin & Jenkins presented the Sumter School District’s fiscal year 2025 audit to the board on March 23, saying the auditors issued an unmodified (clean) opinion on the financial statements.
Nicholson told trustees the audit yielded a material weakness (2025-001) that stemmed from a $1.7 million restatement of beginning capital assets as of June 30, 2024, caused by a previously double-counted asset. He said…
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