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Auditors give Niskayuna unmodified opinion; single-audit still pending
Summary
Bonadio Group told the district's Audit & Finance Committee the 2024–25 financial statements will receive an unmodified opinion, with no internal-control findings; a federal single-audit remains open pending an OMB compliance supplement and is expected to be complete by March 2026.
Alan Wofford, partner at the Bonadio Group, told the Niskayuna Central School District Audit & Finance Committee on Oct. 10 that the firm will issue an unmodified opinion on the district’s 2024–25 financial statements.
Wofford said the auditors found no internal control or compliance findings and that the district’s unassigned general-fund balance—about $4.6 million—meets the New York State guideline of roughly 4 percent of next year’s budget. He also told the committee that a separate single-audit, required because the district spent more than $750,000 in federal funds, is not yet complete because the…
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