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Auditors give Shippensburg Area SD a clean opinion; district reports $590,550 general‑fund surplus and warns of future budget gaps
Summary
External auditors issued unmodified opinions on the district’s 2023–24 financial statements and compliance programs. Business staff reported a $590,550 increase in general‑fund balance for 2023–24 but projected multi‑million dollar deficits for 2025–26 unless taxes rise or other revenues are confirmed.
Auditors from Boyer & Ritter presented a clean set of audit opinions for the 2023–24 fiscal year and district staff outlined current fund balances and early 2025–26 budget scenarios.
The district’s independent auditor, Tina Gipe, told the committee the audit produced three unmodified opinions — one on the financial statements, one on internal control and compliance, and one on compliance for the district’s tested federal program. “This is the best possible result that we as auditors can provide,” Gipe said, summarizing the opinion on the financial statements.
The audit showed the district spent approximately $6.7 million in federal funds during the year, triggering a single‑audit (uniform guidance) review; the auditor reported an unmodified opinion on the child nutrition cluster, which had about $1.8 million in expenditures. Gipe said auditors identified no…
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