St. Croy auditors issue clean opinion; one child‑nutrition compliance finding reported

The board heard CliftonLarsonAllenauditors summarize the district’s annual financial audit and accepted the report by motion.

The auditor, identified as Sarah from CliftonLarsonAllen, told the board the firm issued an unmodified (clean) opinion on the district’s financial statements, a result district staff praised as evidence of strong accounting practice. The audit required implementation of GASB guidance on compensated absences (presented as an accounting conversion recorded in the notes to the financial statements) and included additional disclosures related to that change.

The audit firm also reported one compliance finding in the child‑nutrition cluster: a reviewer noted that signature lines on applications had not been completed by one of the required verifying officials. District staff said the omission was addressed during the audit fieldwork and that they expect corrected procedures and documentation going forward; auditors noted that, if the district requires a single audit next year, that program would be tested again.

During the presentation auditors described other routine audit matters: implementation of federal changes to single‑audit thresholds and capitalization policies, capital project spending activity and district debt defeasance activity during the year. After the presentation a board member moved to accept the audit report; the motion was seconded and carried by voice vote.

The board did not take any additional corrective action at the meeting beyond accepting the report; staff said they would continue to track the child‑nutrition documentation issue and incorporate any required corrective steps into internal controls.