Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Independent audit finds Contoocook Valley financial statements fair; board approves manifest, transfers and donations amid concern over special-education costs
Summary
Auditors reported an unmodified opinion on the district’s financial statements and no single‑audit findings. The board approved a manifest for $2,110,772.11, several donations and budget transfers including a roughly $500,000 transfer to special‑education transportation; members requested detailed breakdowns for that overrun.
Plodzik & Sanderson manager Kyle Gingress presented the independent audit of the Contoocook Valley School District’s financial statements and delivered an unmodified opinion: “the financial statements fairly present the financial position” of the district’s governmental activities, Gingress told the board.
The audit highlighted standard items included in government‑wide reporting: capital assets, long‑term liabilities and the district’s proportionate share of New Hampshire Retirement System pension and OPEB liabilities. Gingress noted the district’s unassigned general‑fund balance and pointed meeting participants to note 14 for the itemized fund‑balance detail; the transcript records an unassigned fund balance of approximately $500,000 and a retained contingency of $384,009.
Gingress also reviewed…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
