External auditors give Brunswick Central School District a clean opinion; board accepts audit

Teresa Ellis, the audit supervisor from Bonadio, told the Brunswick Central School District board that auditors will issue an unmodified opinion on the district—inancial statements for the period ending June 30, 2025, and on the extra-classroom activity financial statements. "An unmodified opinion is the highest level of assurance an auditor can give you," Ellis said as she summarized the engagement.

The auditor reported no material weaknesses or significant deficiencies in internal control over financial reporting and no instances of noncompliance that would materially affect the financial statements. Ellis also noted the district's unreserved, undesignated fund balance stood at 3.86%, under the statutory 4% limit for schools.

Board members thanked the business office for its cooperation during the audit. After the presentation the board moved to accept the audit summary as presented; the motion was seconded by a board member and carried by voice vote.

Why it matters: An unmodified auditor opinion signals the auditors found the district—inancial statements to be presented fairly in all material respects. The fund balance figure is relevant to property taxpayers because state rules limit how much a school can retain without appropriation, and the district reported being under that cap.

The board did not receive any findings requiring immediate corrective action from the auditors; the management letter and required communications will be available through the district's business office for trustees and the public to review.

Next step: The board recorded acceptance of the audit summary and documented the reports in its records. The district's business office will maintain the audit deliverables, including the management letter and correspondence to the audit committee.