Independent auditors give Hendrick Hudson CSD unmodified opinion; district ends year with $30.3 million in general fund balance

HENDRICK HUDSON CENTRAL SCHOOL DISTRICT — External auditors from PKF O'Connor Davies told the Hendrick Hudson Board of Education on Oct. 8 that the district received an "unmodified opinion" on its 2025 financial statements and ended the year with a general fund balance of about $30,304,062.

The auditors, represented by partner Chris Koff and manager Claudia Legau, said an "unmodified opinion" is the highest level of assurance their firm can provide and noted the district finished the year with stronger-than-budgeted revenues and lower-than-expected expenditures. The presentation also highlighted restricted reserves set aside to cushion the district against the loss of a large taxpayer and a multi-step plan to reconcile capital-project and cafeteria accounting.

Why it matters: An unmodified opinion means the auditors found the financial statements fair under U.S. generally accepted accounting principles. The district's larger fund balance and restricted reserves give administrators options as they plan for future years amid uncertainty about state and federal education funding.

PKF said the district closed the year with nearly $30.3 million in general fund balance and a $32 million…