Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board approves district audit showing smaller-than-expected use of fund balance
Summary
The South Fayette board approved the 2024–25 audit after auditor Steve Niedenberger presented financial results showing about $73 million in general-fund revenue, roughly $76 million in expenditures, and an actual use of fund balance near $1.9 million — less than the budgeted $5.0 million.
The South Fayette Township School District board on Monday approved the 2024–25 audit after an auditor summarized the district’s financial position and answered questions from board members.
Steve Niedenberger, the presenting auditor, said the district reported roughly $73 million in general‑fund revenue and just over $76 million in general‑fund expenditures for 2024–25, producing an actual use of fund balance of about $1.9 million compared with a budgeted use of just over $5.0 million. He highlighted capital-projects fund assets of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
