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Muhlenberg County Board approves clean FY24 audit; trustees and auditors outline budget outlook
Summary
Board received the fiscal year 2024 audit, heard a positive fiscal health report, approved the audit, and reviewed a draft 2026 budget that factors in declining one-time ESSER funds and upcoming construction costs.
The Muhlenberg County Board of Education approved the district’s fiscal year 2024 audit and reviewed a draft budget for fiscal year 2026 during its December meeting.
Andrew, lead auditor from the district’s audit firm, presented highlights from the FY24 audit and gave the district an unmodified (clean) opinion on its financial statements and federal program testing. He noted one significant deficiency related to the timing of recording certain accounts receivable receipts across fiscal-year boundaries — a timing issue rather than a misstatement in total tax revenue. The audit team reported that…
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