Mount Sinai board accepts auditor’s report, approves routine motions; bond planning moves forward

The Mount Sinai Union Free School District Board of Education on Oct. 22 accepted an external audit for the fiscal year ending June 30, 2025, approved routine minutes and personnel motions, and heard an update that architects are preparing state paperwork on the district’s recently approved bond.

Jill, the district’s external auditor, told the board that the audit showed the district is in good financial condition. “Our auditors’ report is a good report, and I hope you noticed when you read the financial statements that you were in good financial condition,” she said. Jill reported the district had 4% in unassigned fund balance at year end — which she said is the maximum allowable against next year’s budget under real property tax law — and that the district had replenished reserves and continued to fund…