Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Audit topic
No spam. Unsubscribe anytime.
Audit: Rainier SD 13 receives clean financial‑statement opinion; board adopts plan to address state‑level exceptions
Summary
Clear Trail CPAs reported an unmodified (clean) opinion on the district's financial statements and no federal award findings; state minimum standards had exceptions and a management letter noted material weaknesses. The board accepted a required plan of action.
Auditors from Clear Trail CPAs told the Rainier School District 13 board on March 9 that the district's financial statements received an unmodified (clean) opinion, but the state minimum standards compliance review identified exceptions and the management letter noted some material weaknesses and areas for improved disclosures.
Audit partner Tara Camp presented the governing‑letter summary: "we issued an unmodified opinion on the financial statements. That is a clean opinion with no reservation," she said during her presentation. Camp added that the federal awards (single audit) showed no noncompliance or questioned costs. The audit team also noted implementation of new GASB standards and indicated the audit process took extra effort while working with a new business manager.
The board reviewed the statutorily required plan of action to address audit findings and moved to accept it. District leaders emphasized the plan's focus on correcting the identified exceptions and strengthening internal controls; the motion carried on a recorded vote.
Next steps: administration will pursue the corrective items in the plan of action, report progress to the board and incorporate necessary policy or procedural updates before the next audit cycle.
