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York Suburban audit returns clean opinions; new accounting rule lifts reported compensated-absence liability to about $5.9 million
Summary
External auditors delivered two clean opinions for York Suburban School District's 2024–25 financial statements and federal child-nutrition compliance, but a new accounting standard increased the district's reported compensated-absence liability to roughly $5.9 million; the board is scheduled to vote on final approval at the next meeting.
External auditors for York Suburban School District reported clean opinions on both the district's financial statements and federal program compliance for the year ended June 30, 2025, but cautioned the board the district's entity-wide liabilities rose after a new accounting requirement.
Jeffrey Kowalczyk, an outside auditor with Barbee Thornton and Company, told trustees the audit found the financial statements "fairly present the district, in all material respects, in accordance with generally accepted accounting standards." He said the federally required compliance work for the child nutrition cluster (National School Lunch and School Breakfast programs) likewise had…
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