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Auditors give Greater Johnstown SD a clean opinion, note two common findings and ESSER funding decline
Summary
External auditors issued an unmodified opinion on the district’s 2024 financial statements, reported continued improvement in the governmental fund balance and noted two audit findings related to journal entries and financial-statement preparation.
Wessel and Company presented the district’s single-audit highlights to the Greater Johnstown School District board on Jan. 6 and issued an unmodified (clean) audit opinion for the fiscal year ended June 30, 2024.
Audit manager Brandon Myers told the board the district’s governmental fund balance increased to about $14 million in 2024 from about $11.2 million in 2023. The auditors attributed a major year-to-year net-position swing to expiring federal ESSER funds;…
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