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Upper Dublin finance committee accepts clean audit, reviews tax collections, food-service transfer and bond-refunding estimates
Summary
The finance committee accepted a clean annual audit, reviewed tax-collection performance (97.4% collected), approved a $17,746.33 transfer to close the food-service fund, and received an update from PFM estimating about $726,000 total potential savings from refunding two bond series.
The Upper Dublin School District finance committee on Wednesday accepted the district’s annual audit, reviewed monthly financials and discussed debt-refunding opportunities that administrators said could produce savings this fiscal year.
Administration reported the district’s auditors issued an unmodified (clean) opinion on both the financial statements and federal awards. "Our auditors issued an unmodified opinion for both our financial statements and federal…
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