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Hatboro‑Horsham board approves audit acknowledgement, $5 million transfer, capital projects and multiple policy first readings
Summary
At its Jan. 27 legislative action meeting the Hatboro‑Horsham School District board acknowledged an unqualified 2023–24 audit, approved a $5,000,000 one‑time transfer to the capital reserve, approved capital projects and first readings of five policies, and approved agreements including a school bus stop‑arm camera program.
The Hatboro‑Horsham School District Board of School Directors on Jan. 27 moved forward on a suite of fiscal, facilities, personnel and policy items, including acknowledgement of an unqualified independent audit, a one‑time $5,000,000 transfer from the general fund to the capital reserve fund, several capital projects and the first readings of five policies. Several items were approved by voice vote; a contested roll call took place only on the first reading of revised policy 308.
Key actions at a glance
- Audit: The board acknowledged receipt of the district’s 2023–24 independent audit report, which contained an unqualified opinion that the financial statements were fairly presented. (Motion made by David Brown; second Theresa Brown; approved.)
- One‑time operating transfer: The board approved a one‑time operating transfer of $5,000,000 from the general fund to the capital reserve fund. (Motion presented as part of finance committee items; mover: Theresa Brown; second: DJ…
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