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Auditors give East Stroudsburg Area SD a clean opinion; pension and OPEB liabilities highlighted
Summary
External auditors presented a clean financial statement audit and a clean single-audit for federal awards, while flagging a negative net position driven by pension and OPEB liabilities and noting general-fund and capital variances.
External auditors told the East Stroudsburg Area School District board on Jan. 26 that the district received a clean opinion on its financial statements and a clean single-audit of federal awards, while summarizing several long-term liabilities and fund movements.
"It's a clean audit opinion on all of our audit areas," audit supervisor Rachel Gouger said, walking board members through the audit report.…
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