Auditor reports unmodified opinions for LCPS finances; no current-year findings

Patillo, Brown & Hill auditors presented highlights from the district udit for the year ended June 30, 2025, reporting unmodified opinions on both the financial statements and federal compliance testing and no current-year findings.

Lead auditor Mr. Garner explained federal guidance timing challenges: a draft federal compliance supplement and a later-than-usual final document delayed state review and contributed to the audit—alendar slipping. He said the auditors submitted required materials by the federal due date and that the audit process ultimately showed the district—inance and purchasing teams had well-maintained records.

Mr. Garner said the unmodified opinion is "the highest level of assurance that auditors can give," and explained that auditors provide reasonable—not absolute—assurance by sampling transactions and testing internal controls. He also noted this year—ew audits have no adjustments or findings and that LCPS—inance staff performed strongly in providing documentation.

Superintendent Ruiz and board members thanked the finance and purchasing teams for receiving national recognition, noting a Government Finance Officers Association budget award and a National Procurement Institute award; the board praised the district for transparency and sound practices.

The auditors stood for questions; board members asked whether the federal timing issues affected other districts. Mr. Garner said delays and the draft federal supplement were unusual and that fewer than 10% of audits typically have no adjustments and no findings.

The audit was presented after the superintendent's report per an agenda amendment; the board accepted the report and had no additional actions at the meeting beyond acknowledging the audit results.