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Carmel BOE hears unmodified audit, discusses repair reserve and posts long-form report
Summary
Auditor Scott Purser gave Carmel Central an unmodified opinion for the year ending June 30, 2024, noting revenues exceeded expenditures and citing an approximately $5–5.5 million positive variance. Trustees discussed establishing a repair reserve, corrective actions for extra‑classroom funds, and authorized posting the long-form audit to the district website.
The Carmel Central School District Board of Education received its independent audit on Dec. 17, 2024, when auditor Scott Purser told the board the district’s financial statements received an unmodified opinion and the audit found no material weaknesses or significant deficiencies.
"Your district had an unmodified opinion," Purser said, noting the audit reflects the financial information provided by district staff and the auditor’s review produced no findings that would affect the fairness of the statements. He said revenues exceeded budgeted expenditures for the year ending June 30, 2024, producing a multi‑million‑dollar positive variance that the presentation described at roughly $5…
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