Auditor: Waimea district received an unmodified, or 'clean,' audit for FY2024–25

The district’s independent auditor, Carl Hogan of CliftonLarsonAllen (CLA), told the Waimea School Board the district received an unmodified opinion on its financial statements and compliance for the fiscal year ending June 30, 2025, a "clean audit report," and said required federal reporting on Title I and Child Nutrition was completed.

Hogan said the audit identified an adjustment related to compensated absences under new Governmental Accounting Standards Board guidance and noted the district’s local revenues and some state revenues came in better than budgeted. "Clean clean audit report, financially healthy," Hogan said during his presentation. He reported state-source revenues exceeded the budget by about $1,500,000 while expenditures ran roughly $900,000 higher than planned, primarily because of charter and special-education contracted services.

Board members asked whether audits occur every year; Hogan confirmed annual audits are required by state law and that the district’s annual financial report has been filed with and accepted by the Pennsylvania Department of Education. The audit slides also showed capital-projects borrowing in recent years and a remaining capital-projects fund balance of roughly $681,000 available for future projects.

The audit presentation included governance communications and internal-control observations; the auditor said management adjusted a financial-reporting item during the audit and that federal award testing covered Title I and the Child Nutrition Program. The board thanked the auditor and his firm for the report.