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Independent auditor issues unmodified opinion for Wappingers CSD; single-audit delayed pending federal supplement
Summary
EFPR presented the district’s 2024–25 financial statements to the board, reporting an unmodified (clean) opinion, an increase in general fund balance and a state-required finding about unassigned fund balance limits; the federal single audit remains pending because of a federal delay.
EFPR, the district’s external auditor, presented results of the audit for the year ending June 30, 2025, to the Wappingers Central School District Board of Education on Oct. 6, reporting an unmodified (clean) opinion on the financial statements and no internal control weaknesses identified during the audit.
Tom Smith of EFPR told the board the auditors will issue an unmodified opinion, the highest-level audit opinion, meaning the financial statements were “fairly stated, the numbers in there are supported.” He said the district’s consolidated revenues exceeded…
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