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Audits & Financial Healthi

FACNCES

8

Districts

2/5

Clean Audits

8/8

Healthy

Financial health scores and federal audit results for school districts serving your community.

What are school district audits & financial profiles?

Single Audits are required by federal law for any organization spending $1M+ in federal awards. An independent auditor reviews financial statements and compliance with federal program requirements.

An unmodified (clean) opinion means no significant issues were found. A material weakness indicates a serious gap in financial controls that could lead to misstatement of financial reports.

Financial Profile evaluates each school district on five financial indicators — fund balance, spending patterns, cash reserves, and debt levels — assigning a score from 1.00 to 4.00 and a designation:

Recognition: Strong financial position (3.50-4.00)

Review: Adequate financial position (2.50-3.49)

Early Warning: Potential concerns (1.50-2.49)

Watch: Significant concerns (1.00-1.49)

Sources: FACNCES

Financial Healthi

Argenta-Oreana CUSD 1Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.80 / 4.0

Better than 36% of districts statewide

Cerro Gordo CUSD 100Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.70 / 4.0

Better than 27% of districts statewide

Decatur SD 61Adequate

Adequate financial position — meets minimum standards

Financial Profile Score3.25 / 4.0

Better than 5% of districts statewide

Maroa Forsyth CUSD 2Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.70 / 4.0

Better than 27% of districts statewide

Meridian CUSD 15Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.80 / 4.0

Better than 36% of districts statewide

Mt Zion CUSD 3Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.70 / 4.0

Better than 27% of districts statewide

Sangamon Valley CUSD 9Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.90 / 4.0

Better than 47% of districts statewide

Warrensburg-Latham CUSD 11Healthy

Strong financial position — well-managed reserves and spending

Financial Profile Score3.90 / 4.0

Better than 47% of districts statewide

Audit Opinionsi

Sangamon Valley CUSD 9Adverse

Most recent audit found serious concerns. Clean audits in 3 of 2 years (150%).

Clean years

3 of 2

Total audits

3

Warrensburg-Latham CUSD 11Clean

Most recent audit found no significant issues. Clean audits in 4 of 5 years (80%).

Clean years

4 of 5

Total audits

5

Meridian CUSD 15Adverse

Most recent audit found serious concerns. Clean audits in 5 of 5 years (100%).

Clean years

5 of 5

Total audits

5

Decatur SD 61Clean

Most recent audit found no significant issues. Clean audits in 4 of 4 years (100%).

Clean years

4 of 4

Total audits

4

Cerro Gordo CUSD 100Adverse

Most recent audit found serious concerns. Clean audits in 2 of 2 years (100%).

Clean years

2 of 2

Total audits

2

Audit Timelinei

Sangamon Valley CUSD 9

2024Adverse
Kerber, Eck & Braeckel LLPPDF
2023Adverse
FLOYD & ASSOCIATES CPASPDF

Warrensburg-Latham CUSD 11

2025Clean1 weakness
Lauterbach & Amen, LLPPDF
2024Adverse
FLOYD & ASSOCIATES CPAsPDF

Meridian CUSD 15

2025Adverse
FLOYD & ASSOCIATES CPAsPDF
2024Adverse
FLOYD & ASSOCIATES CPAsPDF

Decatur SD 61

2019Clean
BKD, LLPPDF
2018Clean
BKD, LLPPDF

Cerro Gordo CUSD 100

2024Adverse
Phillips and Associates, CPAs PCPDF
2023Adverse
Phillips and Associates, CPAs PCPDF

Statewide Context

Audit Results

69.3% of statewide districts received clean audit opinions

115 total material weaknesses statewide

Financial Health Distribution

Recognition: 730 (yours)
Review: 85 (yours)
Early Warning: 16
Watch: 10

Statewide median score: 3.9

Showing most recent audit per district. Full audit history available with a paid plan. View plans →