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Independent auditors issue clean FY2025 opinion; retiree health liabilities highlighted
Summary
Auditors from UHY presented the Worcester County Public Schools' FY2025 audited financial statements to the board and issued an unmodified opinion. The audit highlighted a large retiree health insurance liability, new GASB accounting pronouncements implemented during 2025, and no material internal-control weaknesses.
Independent auditors from UHY reviewed the Worcester County Public Schools' fiscal 2025 financial statements and delivered an unmodified (clean) opinion to the Board of Education at its Oct. 21 meeting.
"In our opinion, the financial statements present fairly in all material respects the respective financial position of the Board of Education of Worcester County," auditor Daniel Enser said during the presentation. He also noted two new Governmental Accounting Standards Board pronouncements…
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