Amherst Central audit returns unmodified opinion; board discusses appointing replacement for resigned member

Charles Trotzee, director with the district’s audit firm, told the Amherst Central School District Board the district’s draft financial statements for the year ended June 30, 2025, received an unmodified opinion and that auditors found no material weaknesses in internal controls.

"The opinion that you're receiving is an unmodified opinion," Trotzee said, summarizing the audit results. He told the board the audit package is currently in draft because the federal compliance supplement and state retirement valuation numbers have not yet been released; those items must be incorporated before the single-audit opinion is finalized.

Trotzee said the district generated about $4.4 million in fund balance over the last five years and placed a large portion of that increase into reserves this year. He identified two new reserves established during the year — a liability reserve and an insurance reserve — and said the district’s assigned fund balance rose to about $1.9 million. Trotzee…