External auditors give Rochester City School District a clean opinion; board advances reports to December business meeting

The audit committee of the Rochester Board of Education heard a presentation from external auditors Drescher & Malecki on the district's financial statements for the year ended June 30, 2024, and voted to advance the annual reports for consideration at the board's Dec. 19 business meeting.

Drescher & Malecki presented an unmodified (clean) opinion on the district's financial statements, saying the statements "fairly represent" the district's financial position as of June 30, 2024. The auditors reported no corrected or uncorrected misstatements, no difficulties performing the audit and no reportable audit findings such as material weaknesses or significant deficiencies.

The audit firm emphasized that an external audit is a backward-looking snapshot for the fiscal year ending June 30, 2024, and outlined the main audit focus areas: cash and investments, receivables and revenue recognition, long-term and contingent liabilities (including workers' compensation and…