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Mifflin County SD audit: clean opinion despite long-term pension and OPEB liabilities
Summary
Auditor Dan Bradley told the school board the district received an unmodified ("clean") opinion for the year ended June 30, 2025, while noting large long-term pension and OPEB liabilities that widen the accrual-basis deficit but do not affect near-term cash operations.
Auditor Dan Bradley presented the independent audit of the Mifflin County School District for the year ended June 30, 2025, and said the firm issued an "unmodified or clean opinion" on the district's financial statements. The audit shows a deficit on the statement of net position driven largely by long-term pension and other post-employment benefit (OPEB) liabilities, which Bradley estimated at about $84,000,000 combined for governmental and business-type activities.
Bradley told the board the governmental activities column shows a deficit of $3,986,000 but the general fund — the primary operating fund — had a…
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