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Winfield SD 34 audit finds no material weaknesses; fund balance rose to $6.14 million
Summary
The FY24–25 audit completed without material weaknesses; capital outlay fell to $209,274 from over $1.3 million and the district ended the year with a $6,144,008 fund balance, up $454,419.
District finance leaders told the board the FY24–25 audit proceeded smoothly and identified no material weaknesses or noncompliance under government auditing standards.
The audit was conducted by a single auditor over about three and a half days; the district reported capital outlay expenditures decreased to $209,274 from over $1.3 million the previous year following completion of referendum projects. Year‑end fund balances totaled $6,144,008, an increase of $454,419. The district noted it now has only one outstanding referendum‑related debt, with other debts paid or refinanced.
