External auditors issue unmodified opinion on FY2025; board accepts audited statements

Jonathan Nybarger, the audit officer in charge, presented the district's fiscal-year 2024–25 audit and related communications, and the board subsequently voted to accept the audited financial statements.

Nybarger told the board his team issued an unmodified opinion under the Kansas regulatory basis of accounting, which is the highest standard available under that basis, and reported no financial-statement findings and no single-audit findings for the child nutrition and special education clusters. He said there was one immaterial uncorrected misstatement related to accrued payroll that the auditors considered immaterial to the overall statements. The auditor also noted a negative unencumbered cash balance in federal funds at year-end (about $726,615) that typically results from timing differences while the district waits for federal reimbursements; other funds (gifts and grants, federal funds, bond and interest) showed expenditures that exceeded the adopted budget and will require finance-team follow-up.

Board members asked clarifying questions about stewardship, electronic fund/wire transfer controls and the timing of federal reimbursements; the auditor recommended reviewing controls over electronic transfers as a general governance practice. After discussion, the board moved and voted to accept the audited financial statements for the fiscal year ending June 30, 2025. "We issued an unmodified opinion under the Kansas regulatory basis of accounting," Nybarger said during his presentation.