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Audit finds accounting weaknesses; NJEA delivers critical review as board and administration discuss corrective actions
Summary
A Bowman & Company audit and presentations from union research staff highlighted accounting and internal‑control issues, including unrecorded state aid and payroll discrepancies. District officials said migration to new financial software and year‑end cutoff timing contributed to the findings; a corrective action plan is underway.
A third‑party audit and a union‑commissioned analysis dominated discussion at the Washington Township Board of Education on June 10, when union representatives and the district’s auditor raised concerns about fiscal controls and several board members requested a detailed follow‑up.
The audit and union presentations: Two speakers from the New Jersey Education Association delivered a review of district fiscal practices and the audit results. Lou Randazzo, NJEA field representative, described the audit as “very eye opening” and said it identified several troubling accounting lapses. Greg Yorty, associate director of research for NJEA, gave a line‑by‑line summary of figures he said were pulled from the auditor’s report and the district’s state filings.
Key findings described during public comment and by union presenters included: - The audit noted unrecorded state aid and receivables on the order of $6.5 million, according to union remarks quoting the Bowman & Company report.…
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