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Board accepts clean audit; approves consent packages and hires new Absegami football coach
Summary
The board received a clean audit and accepted the comprehensive financial report showing more than $8 million in fund balances, approved consent business, transportation, education and personnel packages, and confirmed a personnel hire for the Absegami High School football program.
The Greater Egg Harbor Regional High School District board accepted a clean audit and comprehensive financial report presented by district staff and moved to approve multiple consent packages and personnel items.
Tom (identified in the meeting as the staff member presenting the audit) told the board the audit binder and annual comprehensive financial report show a district in stable financial condition. He reported fund‑balance details at the end of the fiscal year: an excess surplus of $1,742,000; a designated amount in the current budget of $1,000,007.42; a maintenance reserve of $831,000; a capital reserve of $951,000; an unemployment reserve of $356,000; and an unassigned fund balance of $1,900,000 — total fund balances “over $8,000,000” as presented to…
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