November 21, 2012 - Kerber, Eck & Braeckel LLP last week gave Lindbergh Schools an unqualified opinion on its audit of the district's finances for the fiscal year that ended June 30.
"… We're happy to report that we gave an unqualified opinion on the financial statements," Brian Wuertz, a certified public accountant with Kerber, Eck & Braeckel, told the Board of Education during its Nov. 13 meeting.
An unqualified opinion is the best opinion any organization can receive, and this is the 22nd consecutive year the school district has received an unqualified opinion.
The audit yielded no findings, restatements of accounts, material changes or management concerns, according to Wuertz.
"… We're happy to report we didn't have any deficiencies that needed to be reported to the district either on a financial-statement level or a title-program level," he said.
Wuertz praised Lindbergh Director of Accounts Kathy Wood for her hard work and cooperation with his firm.
"… Kathy Wood puts all the information together for us, does a magnificent job …," he said.
Board of Education President Vic Lenz also praised Wood's work.
"We certainly appreciate hearing the report. It's a great report. And I'd like to publicly compliment Kathy for her work on it because it's excellent, and we hear this every year, but we love hearing it …," he said.
The school board voted unanimously to accept the audit report.
Superintendent Jim Simpson told the Call he was pleased with the audit results.
Of receiving an unqualified opinion from Kerber, Eck & Braeckel, he said, "… For us, that's the home run that's expected above all home runs every year. Lindbergh's always been known as a squeaky-clean financial operation, and that trend is healthy and continues."
The audit report shows "everything is run by the book to the letter," he said. "I like that. I like that a lot because we have a lot of kids to educate and the last thing we need to be focused on is something wrong with our financial side of the picture.
"That needs to be rock solid so we don't have to devote any time to fixing that. We just devote all our time to the education of kids," the superintendent said. "... A big part of being a successful district is making sure that your ancillary support programs are highly effective and have a culture of maintaining high ethics each and every year.
"That allows all the main effort to be given to education, which is why we're here ...," Simpson said.