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Resident flags $4.9M audit adjustments; superintendent says district financial position remains strong
Summary
A resident highlighted audit findings that report $4.9 million in material adjustments and alleged budget overspending of $2.6 million; the superintendent replied the district maintains over $30 million in fund balances and is in a healthy fiscal position while the board pursues corrective action.
A speaker identified as Mary Kay told the Frontier Central School District board that the recent audit report showed two material deficiencies, including material audit adjustments of $4,900,000 in the general fund and what she characterized as budget overspending of more than $2,600,000 for the fiscal year ended June 30, 2025. She said the unassigned fund balance is reported as zero and urged the board and…
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