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Independent auditors give Cobb County School District an unmodified opinion for FY2025
Summary
Malden and Jenkins presented an unmodified (clean) audit opinion for the fiscal year ended June 30, 2025, reporting no material weaknesses and an audited ending unassigned fund balance of $186,464,000 (1.31 months reserve); auditors flagged GASB pension liabilities and a pending federal compliance supplement delayed by the government shutdown.
Christopher McKellar, a partner at Malden and Jenkins, told the Cobb County School District board on Jan. 22 that his firm had issued an unmodified, or "clean," opinion on the district's financial statements for the fiscal year ended June 30, 2025. "We did provide an unmodified or clean opinion, which means that the financial statements present fairly in all material respects," McKellar said.
The auditors reported an audited ending unassigned fund balance of $186,464,000, which the firm said provides the…
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