West Linn-Wilsonville School District Receives Clean 2020-21 Financial Audit

Posted by West Linn-Wilsonville on 8/12/2022 2:00:00 PM

West Linn-Wilsonville School District NEWS RELEASE

For Immediate Release

August 12, 2022

CONTACT: Andrew Kilstrom, Director of Communications; kilstroa@wlwv.k12.or.us

West Linn-Wilsonville School District Receives Clean
2020-21 Financial Audit

The audit company, Pauly, Rogers & Co., presented the completed 2020-21 audit during the August 11 School Board Work Session. 

The completed audit reported no issues or exceptions in any of the audit findings, giving the district a “clean” opinion without reservations. Pauly, Rogers & Co. conducted their audit in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards issued by the Comptroller General of the United States. 

“I can share that your staff were highly cooperative and knowledgeable about their duties and accounting standards,” said Senior Partner Roy Rogers in a written statement to the West Linn-Wilsonville Business Office. “The audit went smoothly with no particular issues. As you might know we audit more School Districts than any firm in the state so we have a very good lens of comparison with other Districts. You can rest assured that your staff were competent in completing their duties. … Congratulations to you all.”

The West Linn-Wilsonville School District hired Pauly, Rogers & Co. to complete an audit for fiscal year 2020-21 in April after terminating its existing contract with TKW Accounting due to long delays and uncertainty regarding completion.

The favorable results of this audit are consistent with every annual audit conducted of the school district’s finances and financial practices. In February of 2022, the West Linn-Wilsonville School District was awarded the Certificate of Achievement for Excellence in Financial Reporting for the fiscal year ending June 30, 2020. The Certificate of Achievement for Excellence in Financial Reporting is awarded by the Government Finance Officers Association of the United States and Canada and is the highest form of recognition in the area of governmental accounting and financial reporting. 

The recorded presentation by Pauly Rogers & Co to the School Board as well as the summary of results of the 2020-21 audit can be accessed through the Board Meeting district webpage

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