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Yough finance staff presents audit and PDE grant plan; board approves staying within Act 1 index
Summary
Finance staff reported that the 2023–24 audit has been filed and accepted by state and federal reviewers, and the board approved a resolution to remain within the Act 1 index for the 2025 tax year. The district presented plans to seek an investment-grade audit by Schneider Electric for two PDE energy grants that require a 25% local match.
Yough School District finance staff told the board that the district's 2023–24 audit has been completed, filed with the Pennsylvania Department of Education and the Federal Clearinghouse, and accepted by both reviewers.
Mr. Myers said the district's Act 1 index is 5.4 mills and that the board must stay within the Act 1 index of 4.98 mills for the 2025 school year; the board approved a bundled motion that included the resolution to stay within that…
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