Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Kershaw County schools receive clean audit; auditors flag ESSER drop and a bookkeeping retainage error
Summary
Auditors issued an unmodified (clean) opinion for Kershaw County School District but warned the end of ESSER funding will tighten budgets; a year‑end retainage accrual error was corrected and reported as a finding.
The Kershaw County School District received an unmodified — or "clean" — audit opinion at its board meeting, district auditors told trustees, and finance staff were urged to continue strengthening internal controls as federal pandemic-era aid ends.
"We did issue an unmodified opinion," the auditor said, summarizing the year’s financial statements and the scope of the district audit. The auditor reported the district’s general fund balance at $20,800,000, an increase of roughly $1.5 million from the prior year, and an unassigned fund balance of $17,800,000, which the auditor said represents 14.8% of the district’s FY25 budgeted expenditures. By comparison, the Government Finance Officers Association recommends a minimum of 16.67%; the district’s own policy requires 12%.
The auditor warned trustees that ESSER and other COVID-era funding streams are…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
