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External auditors issue unmodified opinion for Harrison Central; district used $5 million of prior reserves for capital
Summary
External auditors gave Harrison Central School District an unmodified (clean) opinion on the 2024–25 financial statements, reporting higher-than-budgeted revenues and a planned $5 million transfer to capital that reduced the district—s fund balance to $32.2 million.
PKF O'Connor Davies issued an unmodified ("clean") audit opinion on Harrison Central School District's financial statements for the 2024–25 fiscal year, and district officials said the books show higher-than-expected revenues and a planned transfer of $5 million from reserves into a capital projects reserve.
"We've issued a clean opinion or an unmodified opinion on the district's financial statements. That's the highest form of assurance that an auditor provides any client," Scott Olling, partner at PKF O'Connor Davies, told the Harrison Central School District Board of Education during the board's Oct. 22 meeting.
The auditors and district finance staff told the board that the district…
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