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Finance committee reports audit clean opinion; assessment appeal could cost Spring‑Ford about $435,000 annually
Summary
The finance committee reviewed the district's 2024–25 financial results and audit (unqualified opinions) and flagged a Providence Town Center assessment appeal that the district estimates could reduce revenue by about $435,000 per year; the district is engaging counsel and an appraiser.
The Spring‑Ford Area School District finance committee told the board on Feb. 17 that the 2024–25 financial statements and the single audit for federal programs received unqualified audit opinions, and that the district’s year‑end results were close to budget.
Mrs. Westwood reported that local revenues are pacing well and special education expenses are…
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