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External auditor reports clean single audit; no federal-award findings
Summary
External auditors reported a clean, unmodified single audit for the district's fiscal year ending June 30, 2025, finding no material weaknesses, significant deficiencies or federal-award noncompliance; auditors tested the special-education cluster and noted program dollar amounts and an upcoming federal threshold change.
Dwayne, an external auditor with Insuro, told the Audit Committee the district's single-audit components for the year ended June 30, 2025, produced an unmodified (clean) opinion and identified no material weaknesses, significant deficiencies or noncompliance with federal awards.
The auditor said the fiscal-year reporting schedule was split this year because the federal Office of Management and Budget delayed the annual compliance supplement until late November, after the district had to submit financial-statement reports by an October state deadline. Dwayne said many firms separated the single-audit components for that reason and that the district's approach reflected the delayed federal guidance.
Why it matters: Single audits review programs that spend federal funds. Dwayne told the committee the district administers about $6 million in federal awards; among the largest were the special-education cluster (~$1.5 million), Title I (~$1.3 million) and the school-lunch cluster (~$1.9 million). For the June 30, 2025 single-audit, auditors selected the special-education cluster for testing and found no federal-award findings.
Auditors also noted a federal Type A threshold of $750,000 for June 30, 2025, which will rise to $1,000,000 for the June 30, 2026 period because of federal changes. Dwayne said the district remains a low-risk auditee based on its recent history of no findings.
Next steps: Dwayne said staff would sign a management-representation letter and auditors would date and finalize the report. The district must submit the audit and a data-collection form to the Federal Audit Clearinghouse by the end-of-month deadline (the committee was told that submission is due no later than March 31 under the applicable timeline).
