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Chariho committee accepts clean fiscal‑2025 audit, hears budget and capital‑plan updates and approves routine motions
Summary
Auditor Mary Sahadi presented an unmodified fiscal‑2025 audit with no findings; the committee unanimously accepted the audit, approved a bus‑monitor variance, budget transfers and a transportation resolution, and discussed a planned public forum and potential website upgrade for the elementary capital plan.
The Chariho Regional School Committee voted unanimously on Dec. 16 to accept the district’s fiscal‑year‑2025 audit after an auditor presented an "unmodified" opinion and reported no findings in the financial statements or in the 'yellow book' internal‑controls report.
"Again this year, the district has what's referred to as an unmodified report, which basically means that you have no findings," auditor Mary Sahadi told the committee while reviewing the financial statements, fund balances and notes. She reported government‑wide capital assets (net of depreciation) at approximately $21 million, a net pension liability of about $34 million (mostly attributable to the teacher plan), and an other‑post‑employment (OPEB) liability…
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