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Scotia-Glenville board accepts 2024–25 audit, corrective action plan
Summary
The Scotia-Glenville Central School District board accepted the external auditor’s clean opinion on the 2024–25 financial statements and approved the district’s corrective action plan after a brief discussion and one abstention.
The Scotia-Glenville Central School District Board of Education voted to accept the external auditors’ 2024–25 financial report and the district’s corrective action plan.
Auditor Amy Pedrick of West and Company told the board the firm issued a “clean opinion” on the district’s financial statements and reported no material weaknesses in internal controls. “Your business office does a phenomenal job of getting the books and records ready for audit,” Pedrick said, noting the district completed the audits weeks ahead of the state filing deadline.
The audit presentation emphasized that long-term statements use full-accrual accounting and therefore show long-term liabilities — notably the “other post employment benefit accrual” for retiree health and dental — that New York State does not allow districts to prefund. Pedrick urged board members to review the fund-based financial statements (general fund, school lunch, special aid) for the district’s near-term fiscal health, saying, “If I were a board member and I were going to pick up these documents, I would look specifically at pages, 18 and 20.”
Board members who served on the audit committee told the full board they were comfortable with the report. The audit committee had reviewed the full 77-page document in a separate meeting; the auditor noted only minor management letter comments related to extra-classroom activity funds (student club fundraisers and sales tax) and no findings for federal grants tested, including the child nutrition cluster.
After discussion the board moved and seconded the motion to accept the audit and corrective action plan; the motion carried with unanimous votes recorded at the meeting except for one abstention recorded by a board member who said they had just arrived and could not vote.
The board’s adoption completes the district’s audit filing and authorizes the district to proceed with the corrective actions outlined in the plan.
Clarifying details in the presentation: the audit report includes (1) the independent auditor’s report (pages 1–3), (2) management’s discussion and analysis (pages 4–15), (3) fund-based financial statements (fund balance detail recommended on pages 18 and 20), and (4) the single-audit compliance report for federal programs (the district exceeded the $750,000 federal threshold for single-audit requirements). The audit document was described as ready for state and federal filing weeks before the October 15 due date.
The board did not identify additional follow-up actions beyond implementation of the corrective action plan and the routine oversight by the audit committee.
