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Audit finds no corrective actions; Manchester Township reports $1.6M drop in general fund balance
Summary
Auditors told the Manchester Township Board the district filed its annual report early and the audit showed no findings requiring corrective action; the general fund balance decreased about $1.6 million, driven by rising transportation and health-benefit costs.
Rob Provost, the auditors' partner in engagement, told the board that the district filed its annual material review ahead of most peers and that the audit found “no findings that required corrective action.” The district submitted its report on Dec. 20, he said, and earned a certificate of excellence for continuous strong financial reporting.
Why it matters: the audit also flagged a roughly…
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