Lindbergh Board of Education Approves Clean Audit Report
Oct. 27, 2022
The Lindbergh Schools Board of Education voted at the Oct. 18 regular meeting to approve the completed audit report with no issues or exceptions in any of the audit findings, giving the district a “clean” opinion without reservation. This audit was conducted by independent CPA auditing firm Fick, Eggemeyer and Williamson, and the favorable results of this audit are consistent with years of annual audits conducted of the school district's finances and financial practices.
Missouri law states that an audit of all financial, transportation, and attendance records must be completed every two years in public school districts. Lindbergh chooses to bring in an independent firm every year to audit the district’s books.
During the Oct. 13 meeting of the Finance Board Advisory Committee, a representative from Fick, Eggemeyer and Williamson presented the annual audit report in detail and also provided committee members an opportunity to ask questions without district employees present.
“An independent auditor who is not regularly engaged as an employee of the school district performs the examination and ensures it is made in accordance with generally accepted auditing standards, including such reviews and tests of the system of internal controls and of the books, records and other underlying data.” said Joël Scheible, Chief Financial Officer. “This positive feedback reaffirms for us that we are operating the district’s budget with a high level of accountability and responsibility.”
Lindbergh’s financial statements present fairly, in all material respects, the respective financial position of the governmental activities, each major fund and the aggregate remaining fund information as of June 30, 2022.
“Our school district has a long tradition of responsible use of taxpayer dollars, and over the last four years specifically we have made efforts to find efficiencies and redirect existing funds to directly impact student learning,” said Board of Education President Jennifer Miller. “This validation from a third-party, independent auditor is a reassuring confirmation that our business practices are sound.”