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Independent audit finds no material weaknesses but shows general-fund loss of about $630,000
Mount Union Area Board of Education · May 29, 2024
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Summary
Young Oaks presented an unmodified audit opinion for the year ending June 30, 2023, reporting no material weaknesses or findings but showing a general-fund loss of roughly $630,000 and several long-term liabilities.
A representative from Young Oaks presented the district's audit for the year ended June 30, 2023, telling the board auditors issued an unmodified (clean) opinion and identified no material weaknesses, significant deficiencies or federal-program findings.
The audit…
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