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Board Receives Clean Single Audit for FY 2024–25, $48.5M Committed to Capital Reserves
Summary
Auditors told the Bethlehem Area School District board the FY 2024–25 single audit contained no material weaknesses or federal-program findings; the general fund had an $11.7M surplus and a fund balance just over $84M, with $48.5M committed for capital reserve transfers.
The Bethlehem Area School District received a clean single audit for the fiscal year ended June 30, 2025, auditors told the combined committees on Monday.
Hank Miller, a partner presenting the report, said the audit found "no findings" for the financial statements and no findings in the federal compliance portion of the single audit. "There were no findings noted…
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