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Tooele Today
By the People, for the People
Tooele County School District Earns Top Marks on Financial Audit
Independent audit finds district's financial statements 'materially correct' and in compliance with state and federal requirements.
Published on Feb. 11, 2026
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The Tooele County School District received a 'clean' or unmodified audit opinion from an independent financial services firm, indicating the district's financial statements are reliable and its spending is in compliance with state and federal regulations. The audit covered the district's basic financial statements, budgetary and compliance matters, and federal program expenditures.
Why it matters
A 'clean' audit is an important validation of the school district's financial management and transparency, which is crucial for maintaining public trust and securing future funding from taxpayers and government sources. The findings demonstrate the district's commitment to responsible stewardship of public resources.
The details
The audit, conducted by the financial services firm Squire, examined three key areas of the school district's finances for the fiscal year ending June 30, 2025. Auditors found the district's basic financial statements to be 'materially correct,' allowing district leaders to make reliable financial decisions. The state auditor also issued an unmodified opinion. For federal programs like child nutrition, Title I, and mental health services, the auditors found no questioned costs and determined expenditures were appropriate.
- The audit was conducted for the fiscal year ending June 30, 2025.
- The audit report was presented to the school board on January 20, 2026.
The players
Tooele County School District
A public school district serving students in Tooele County, Utah.
Squire
A 50-year-old financial services company with offices in Orem and Salt Lake City that specializes in audit and assurance, tax services, advisory services, and other financial services.
Thomas Hezseltine
Audit and assurance department manager for Squire, the firm that conducted the audit of the Tooele County School District.
What they’re saying
“The district's financial statements are 'materially correct.' You can make decisions and visions, financial and budget decisions, based on those statements. They are reliable.”
— Thomas Hezseltine, Audit and Assurance Department Manager, Squire (tooeleonline.com)
“We issued an 'unmodified or clean opinion' of the financial statements, which is the 'best grade we can give.'”
— Thomas Hezseltine, Audit and Assurance Department Manager, Squire (tooeleonline.com)
What’s next
The Tooele County School District will continue to maintain its strong financial management practices and transparency to ensure it remains eligible for state and federal funding.
The takeaway
The Tooele County School District's clean audit demonstrates its commitment to responsible stewardship of public resources, which is essential for maintaining community trust and securing future funding to support student success.
