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Board accepts FY2025 audit with unmodified opinion, notes significant deficiency on capital‑asset records
Summary
Beasley Mitchell and Company delivered an unmodified ("non‑modified") audit opinion for FY2025 and reported no federal program findings; auditors noted a significant deficiency for incomplete capital asset additions that was reconciled before issuance. The board voted to accept the audit.
Beasley Mitchell and Company audit manager Juan Garcia presented the South Central Regional Transit District's FY2025 audited financial statements and single‑audit results at the March 25 meeting.
"Our opinion reads that we are a non‑modified opinion," Garcia said, adding that the single‑audit of federal programs — including the…
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