School district’s finances get clean bill of health

Iola's school district's financial report received a favorable rating from the district's auditors Monday.

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Local News

November 12, 2025 - 2:40 PM

Neil Phillips, CPA, goes over the district’s audit report with USD 257 board members. Photo by Sarah Haney / Iola Register

The local school district’s financial report passed with flying colors according to USD 257’s annual audit.

Neil Phillips, CPA with Jarred Gilmore & Phillips, walked school board members through the report at their meeting Monday evening.

Phillips noted the district earned an unmodified or “clean” opinion under the regulatory accounting basis required by the Kansas Department of Education. 

It’s an important distinction, he said, noting “no further modifications are needed.”

According to the audit, the district began the fiscal year…

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