Draft audit shows clean opinion; auditor flags capital-outlay budget violations and one funding misallocation

Draft audit shows clean opinion; auditor flags capital-outlay budget violations and one funding misallocation

North Carolina / School Districts / Transylvania County Schools

The district's draft 2024-25 financial statements received a clean (unmodified) opinion, the auditor reported increases to several fund balances, but cited two significant deficiencies: capital-outlay budget violations (repeat finding) and a media specialist temporarily charged to an incorrect allotment (corrected before year-end).

District audit returns clean opinion; auditors flag capital outlay budget practices and a staffing funding error

District audit returns clean opinion; auditors flag capital outlay budget practices and a staffing funding error

North Carolina / School Districts / Transylvania County Schools

Auditor reported an unmodified (clean) opinion for Transylvania County Schools' 2024-25 financial statements but identified two notable findings: repeat budget violations in the capital outlay fund and a prior misallocation of a media specialist's salary to an ineligible allotment that was corrected before year-end.

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