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Milwaukee board accepts FY2025 audit; auditors report clean opinion but cite control weaknesses and DPI-designated deficit
Summary
External auditors gave Milwaukee Public Schools an unmodified ("clean") opinion on FY2025 financial statements but identified material‑weakness categories and recommended improvements; the board voted to accept the audit as administration works to close a $46 million DPI‑reported deficit.
The Milwaukee Board of School Directors voted to accept the Milwaukee Public Schools FY2025 audit after CliftonLarsonAllen (CLA) delivered an unmodified opinion but highlighted material‑weakness categories and control recommendations.
CLA principal Jake Linnell told the board the audit resulted in a "clean opinion," meaning the financial statements were free of material misstatement. He said the audit focused on significant account balances, transaction classes and estimates and that the district had sped up its reporting timeline by issuing the statements eight months earlier than in the previous year. "Our opinion that's included within the financial statements is an unmodified opinion or what's commonly referred to as a…
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