MVSD Receives Outstanding Financial Audit Report for 19th Straight Year

MVSD Receives Outstanding Financial Audit Report for 19th Straight Year

     For an incredible 19th year in a row the Mountain View School District has received an “unmodified” audit opinion, the best opinion that can be rendered by an accountant, after the annual state required independent audit of its finances for the year ending June 30, 2017. 

    Conducted by the accountancy firm, CliftonLarsonAllen, LLP, auditors followed strict auditing standards and the state controller’s audit guidelines and reviewed attendance data, payroll and purchasing procedures, internal controls and instructional, state and federal programs.  They also visited school sites to review ASB and Booster Club records to ensure their financial statements were fairly and accurately presented.  After their comprehensive review, including 400 plus hours evaluating procedures, paperwork and documentation, the auditors gave MVSD the unmodified opinion, indicating that the District was successful in meeting all financial requirements for the 2016-2017 school year. 

     Leading MVSD’s audit was Tina Henton, CPA Principal, who commended the District and the Fiscal Services Department for the unmodified opinion and the superior fiscal accountability demonstrated. 

     “Commendations go to Darin DeKnikker, Assistant Superintendent of Business Services, Lisa Loop, Director of Fiscal Services and the fiscal services staff for the amazing job they do to ensure fiscal accountability,” said Henton.  “It was a pleasure to work with them and they provided our auditors with very solid and accurate fiscal records.”

     In addition, the accountancy firm also completed a Bond Financial and Performance Audit, which although not required, MVSD’s Board of Education requested for added transparency for the District’s Measure SS school bond.  The Financial Bond Audit and the Performance Audit also received an “unmodified” opinion, concluding that in all significant respects, MVSD has properly accounted for the expenditures of the funds held in Measure SS Bond Building Fund and that such expenditures were made on authorized bond projects.

          “The District’s 19 year track record is a testament to the hard work, expertise and attention to detail of our Fiscal Services staff as well as the internal control processes and financial procedures utilized at our schools and throughout the District,” said Lillian Maldonado French, Superintendent.  “Throughout all challenges and the ever-changing budget and funding situation from the state and federal government, we have been able to ensure that we maintain fiscal accountability and I greatly appreciate the efforts of all of our employees.  We are very proud of the unmodified opinions on all three of the audits conducted,” she added.  

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