we have mr. dana who will speak on the audit on pages 3-17. hi. speaker: good evening, board members, president fewer, vice-president murase and guadalupe guerrero. sorry about that. i have invited leonard dana from the 12-13th district audit to give you the board, a short presentation pertaining to the sfusd 12/13 audit. in addition, mr. dana is able to answer any questions after his presentation. also present is the manager on the audit. nathan middleman. mr. dana? speaker: thank you for accommodating us. i have another time commitment item tonight. i won't take much of your time. but just to let you know we have completed the audit and submitted the audit to the state. just to let you know that all of the opinions are unqualified meaning they change the wording this year. now they are called unmodified opinions which means it's a clean opinion. everything is fairly stated and that goes for the financial statements, state compliance and federal compliance as well. we did not make any audit adjustments during the year or during the audit as well.

dana, there were defenders and detractors of mr. christie weighing in on the scandal today. former mayor giuliani said politics are most definitely at play here. take a listen. >> i think there's a real incident that was unfortunate and bad and the governor apologized for that. i don't want to minimize for that but you take that and now you have pile-on. >> so is he right, dana? have the political sharks tasted blood in the water here? >> sure. there's a plitd call pile-on. inevitably there will be. the problem of the governor is there is a legal investigation and an investigation in the state legislature and that's what's the source of these back and forth with wildstein and the potential vulnerability that christie faces and if it's just a lot of people politically motivated people hollering, that wouldn't get the traction here but there seems to be some fire where the smoke is. >> okay. perry, let's let you weigh in. new jersey assemblyman wisniewski said he's skeptical of the governor's explanation. take a listen to this. >> what i've said is i have skepticism about the