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Rutherford schools receive clean audit; district reports $6.2 million fund balance

Rutherford Board of Education · December 4, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Auditor Alex Barice reported an unmodified opinion for the 2023–24 audit, listing a $6.2 million general‑fund balance and several restricted reserves; the board acknowledged two low‑level recommendations and a corrective‑action plan.

Alex Barice, the district auditor, told the Rutherford Board of Education on Dec. 2 that the district received an unmodified opinion on its 6/30/2024 financial audit, the highest level of assurance an auditor can issue.

Barice said there were no material weaknesses or significant deficiencies and described the district's fund balance and reserves: a general‑fund…

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