Soap Lake School District completes successful audit with no findings
NANCE BESTON | Hagadone News Network | UPDATED 10 months, 1 week AGO
Soap Lake School District preschool students graduated this week, with their school holding a special ceremony for the event. The district also received a clean federal and financial audit this year.
COURTESY PHOTO/SOAP LAKE SCHOOL DISTRICT
SOAP LAKE — The Soap Lake School District has completed its annual financial and federal audit conducted by the Washington State Auditor’s Office. The audit results indicate a strong commitment to fiscal responsibility and compliance with both federal and state regulations.
For the 2023-2024 fiscal year, the district received an unmodified opinion, the highest rating available under applicable accounting standards. This rating highlights the accuracy of the district's financial statements and its adherence to best practices in financial management. Furthermore, the audit revealed no findings, significant deficiencies, or material weaknesses in the district's internal controls.
Superintendent Angela Rolfe expressed her pride in the district’s financial team and their consistent efforts toward sound fiscal management. She said the district is in good financial standing.
“We are proud of the audit results, which affirm the hard work and integrity of our district's business and financial team,” she said. “These outcomes underscore our commitment to responsible stewardship of public funds and our focus on ensuring that every dollar is used to support students.”
The audit included a thorough review of the district’s financial statements and its management of federal programs. Importantly, the district also received an unmodified opinion regarding its federal program compliance, confirming that the district met all compliance requirements.
Rolfe emphasized that the district remains dedicated to maintaining high standards of financial accountability.
“Our objective is to ensure that resources are managed effectively to support educational excellence for the Soap Lake community,” Rolfe said. “This commitment is at the heart of our mission and is vital to our students and staff.”
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