Greendale audits for 2024–25 return 'clean' opinion; auditors flag IT security and recommend best practices

Lauterback audit representatives briefed the board on the district’s fiscal‑year 2024–25 audit and issued an unmodified (clean) opinion on the financial statements for the year ended June 30, 2025. The auditors reported an increase in the district’s accumulated fund balance of about $281,185, leaving an ending balance near $5.77 million, which administration said was largely attributable to favorable revenue and expenditure variances.

Brad Porter of the audit team said the firm found no disagreements or difficulties during the audit and identified no internal‑control findings. The firm listed five management recommendations, with particular emphasis on IT security awareness and monitoring as a rising risk. "It's very important that we're bringing awareness and constantly prioritizing cyber related security," Porter said.

The auditors also recommended an outstanding check write‑off policy; administration reported that the district implemented such a policy effective November 2025 and has remitted stale checks as required. Board and finance staff discussed drivers of the fund‑balance increase; the business office said the board budgeted a $400,000 surplus for 2025–26 and is tracking toward a projected reserve near 16%, above the board's 15% policy minimum.

The board discussed whether to extend the audit contract; members praised the audit team's thoroughness and proactive recommendations and agreed to consider timing for a more detailed discussion with the citizen finance committee.

Next steps: administration will continue routine budget monitoring, provide more detailed budgetary schedules (pages cited in the audit report), and bring any contract‑extension questions back to the board later.