Wrightstown board accepts clean audit; combined fund balance about $9.7 million

The Wrightstown Community School District Board of Education on the evening it met accepted the district’s annual audit from Kirby Rose, which issued a clean, unmodified opinion on the financial statements as of June 30, 2025. The motion to approve the audit carried on a 7‑0 voice vote.

Auditor David Lynch of Kirby Rose told the board the district’s combined fund balance across all funds is about $9,700,000, with the largest share—just under $6,700,000—held in the general operating fund. Lynch said the unassigned portion of the general fund compared to current‑year general fund expenditures (roughly $18.3 million) equates to about 36.4 percent, a reserve level he described as within a healthy range.

“Our opinion … presented fairly, in all material respects, the respective financial position of the governmental activities, each major fund,” Lynch said, reading from the auditors’ report. He noted the general fund increased by roughly $14,000 for the year and that the district’s total net outstanding debt was “just over $15,000,000.”

Lynch also reviewed the audit’s internal control reporting and said the district received a recurring financial‑reporting finding common across Wisconsin districts following changes to government accounting standards. He reported no instances of noncompliance in the state‑program testing performed for this year.

Board members asked follow‑up questions about the statements and the management communication letter that accompanies the audit. After discussion the board moved to accept the Kirby Rose audit report as presented; the motion passed by voice vote, recorded as 7‑0.

The board’s acceptance of the audit completes the district’s fiscal reporting steps for the year; Lynch noted the firm files the required financial information with state education authorities within statutory deadlines.