MUSD Receives ‘Very Good and Clean Audit’ from Independent Auditor

(Moorpark, California) January 25, 2024—It was a “very good and clean audit.”

That was the opinion given Jan. 16 to the Moorpark Unified Board of Education by independent auditor Taylor Ulrich, a certified public accountant and signing director with Clifton Larson Allen LLP

The Minnesota-based accounting firm, one of the largest in the U.S., recently completed the annual audit of Moorpark Unified School District and found no budgetary issues during the nearly yearlong process.

Starting last spring, accountants with Clifton Larson Allen LLP visited each MUSD school site and the district’s main office to review financial documents and compliance-related procedures. The districtwide audit was completed in November.

“We gave an unmodified opinion this year, which is a clean opinion, and it is the highest we can give,” Ulrich said to the board which had also received a 90-page report detailing the accounting firm’s findings. “It means that the financial statements and notes are done in conformity with the accounting standards in the U.S.”

The audit is required by state law to examine the District's General Fund and all special purpose funds, and shows that Moorpark Unified’s accounting process is accurate and the district meets criteria set by state and federal guidelines to receive funding.

“I would like to commend the district on a very good and clean audit,” Ulrich said.

Assistant Superintendent of Business Services Lynn David and Director of Fiscal Services Cathie Roberts lead MUSD through the audit process each year.

“This is our regular, annual audit,” David said. “By having an independent auditor review our procedures and protocols in how we spend local, state and federal tax dollars, it shows we’re following safe and responsible business practices across the entire district.”

The accountancy firm also audited the district’s Measure S bond fund.

The $39.5 million bond passed by voters in November 2008 and supervised by a volunteer oversight committee has been used for modernization, repairs and upgrades at school sites districtwide. The bond money has been fully spent and this year marks the last that Measure S funds will be audited.

Ulrich said of the Measure S spending that “all of the expenditures that we looked at were appropriate and in line with what the voters approved.”