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Board receives clean audit; district reports $17M invested, enrollment steady at 3,062
Summary
The board heard the 2023–24 Annual Comprehensive Financial Report (ACFR) and auditor's management report; auditors issued a clean opinion with zero findings. The finance summary noted $17 million invested (about $2 million in NJARM), roughly $908,000 total interest earned, and total enrollment of 3,062 used for state aid reporting.
The Voorhees Township Board of Education reviewed the district’s 2023–24 Annual Comprehensive Financial Report (ACFR) and the Auditor’s Management Report (AMR) Monday; the auditors issued a clean opinion and reported zero findings.
Miss Haley, the board secretary presenting the financial highlights, said the district has $17,000,000 invested overall, including roughly $2,000,000 in the New Jersey Cash Management Fund (NJARM). She said the district earned about $157,008.23 from those two specific investments and about $908,000 in total interest across all accounts, which the district is using to support…
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