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Washington Elementary board accepts audit, auditor flags material weakness in benefits accounting
Summary
The governing board accepted the district's annual financial and single-audit reports, receiving an unmodified (clean) opinion but hearing that auditors identified a material weakness tied to the employee benefit trust; management told the board it has begun corrective steps.
The Washington Elementary School District governing board voted unanimously March 26 to accept the district—s fiscal-year 2024-25 financial audit and USFR compliance questionnaire after an external auditor reported a clean opinion on the financial statements and federal programs but disclosed a material weakness related to the employee benefit trust.
Britney Williams of audit firm Heinfeld Meach told the board, "In our opinion, they are fairly stated,"…
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