To the Financial Oversight Committee of the Iowa City Community School District:
In accordance with our professional standards and the engagement letter for our audit of the District's financial statements for the fiscal year ending June 30, 2027, we confirm that we are independent of the Iowa City Community School District and have complied with the relevant ethical requirements regarding independence under the standards of the American Institute of Certified Public Accountants, the standards of the U.S. Government Accountability Office contained in Government Auditing Standards, and the requirements of the Iowa Accountancy Act applicable to audits of governmental entities.
We have considered all relationships between our firm and the District that, in our professional judgment, may reasonably be thought to bear on independence, and have concluded that no relationships exist that would impair our independence in fact or in appearance. We have not provided any non-audit services to the District during the fiscal year that would compromise our independence under the relevant standards.
We further confirm that, during the year, no disagreements arose between our firm and District management on matters of accounting principles, the application of accounting principles to specific transactions, or the basis or disclosure to be made in the financial statements that would require communication to the Committee. Two items were discussed at the appropriate level of management during the course of the audit and are summarized in the management letter being transmitted separately. Neither item rises to the level of a significant deficiency or material weakness.
We welcome the opportunity to discuss any aspect of this confirmation, the management letter, or our planned approach to the FY27 engagement with the Committee at the regular open-meeting auditor session scheduled for September 8, 2027, and to meet with the Committee without management present at the conclusion of that session.
The Financial Oversight Committee acknowledges receipt of the independent auditor's independence confirmation dated July 12, 2027 and the accompanying management letter. The Committee reviewed both documents at its regular meeting of August 19, 2027, met with the engagement partner without management present in accordance with Board Policy 200.3G4 §4.a, and finds that no matters arising from the confirmation or the management letter require additional Board attention beyond those already reflected in the standing corrective-action tracker.
The Committee further confirms that the auditor will present the full FY27 audit report at the previously calendared open-session auditor meeting on September 8, 2027, and that the Committee will hold its annual closed-session meeting with the auditor immediately following, as permitted by Iowa Code § 21.5 and in accordance with Board Policy 200.3G4 §4.a.