District Finances in Order
As required by law an annual independent audit of the District’s financial statements is completed. The District’s financial statements are available for each the fiscal year ending June 30. District finances are audited in accordance with generally accepted auditing standards. A clean opinion or “unqualified opinion” is issued by the independent auditors if no problems were found. An audit includes examining supporting evidence, testing account balances and assessing the accounting principles used as well as overall financial statement presentation.
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