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Presenter Mr. Volteland reports district in sound financial condition and compliance with federal rules
TROY CITY SCHOOL DISTRICT Board of Education · November 6, 2024
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Summary
An external presenter, introduced as Mr. Volteland, told the board the district's external audit found compliance with federal regulations tied to federal funding, healthy reserves near New York State's 4% fund-balance guideline, and no internal-control issues; the full audit is linked under the agenda.
Mr. Volteland, introduced by the board as the external presenter, gave a high-level overview of the district's external audit and compliance review.
"The district's in very sound financial condition," he said, adding that the audit examined internal controls and…
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