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Central SD 51 audit finds no significant issues, earns state Financial Recognition
Summary
An independent auditor told the board the district had no significant audit findings and received Financial Recognition from the Illinois State Board of Education — the district's ninth such rating in the past decade.
Jason Hohulin, auditor with Clorenza and Associates, Ltd., presented Central SD 51’s annual audit and reported that the review identified no significant findings. He told the board the district “received the highest possible rating. I'inancial Recognition. lrom the lllinois State Board ofEducation.”
The district has earned the state’s Financial Recognition rating nine times in the past ten years, the auditor noted. Board materials attached to the presentation said the rating reflects the district’s compliance with state financial-reporting standards and overall fiscal controls. The audit presentation was on the agenda under the audit item and was summarized for the board by Hohulin.
