Audit: Middlesex Borough School District has 'no findings,' auditor tells board

Auditor Bob Swisher told the Middlesex Borough Board of Education on Dec. 3 that the districthad no findings in this yearaudit. "We had no findings in the report this year," Swisher said, summarizing the independent review of the districtfinancial statements and compliance with New Jersey rules and regulations.

Swisher said the board is positioned to add to its capital reserve and maintenance reserve. "The district is in very good financial shape," he said, adding that those reserves help the district manage unexpected costs without immediate tax impacts. He offered to take questions and then concluded his remarks.

The auditor's comments were delivered during the board's presentations segment. No audit findings or corrective actions were reported to the board in the meeting record provided. The board did not take a formal vote on the audit at this meeting; the audit report was presented to members and the public during the presentation portion of the agenda.

Next steps noted in the presentation included continuing standard compliance monitoring and maintaining reserve levels; no specific dollar amounts or formal action items tied to the audit were listed on the meeting record presented.

The presentation began with Swisher introducing himself as the auditor and ended without any follow-up motions recorded on the public agenda.