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Auditor: clean audit for Little Egg Harbor Township schools, warns of $432,000 food-service surplus and $134,000 after‑school fund deficit
Summary
External auditor reported a clean audit for the year ending June 30, 2024, but recommended a plan to spend down roughly $432,000 in the food-service fund on allowable child‑nutrition expenses and noted a $134,000 deficit in the community‑school fund that may require a general‑fund transfer.
Mike Garcia of Ford Scott & Associates told the Little Egg Harbor Township Board of Education that the district received a clean audit for the fiscal year ending June 30, 2024, with no formal findings or required corrective actions. "I am happy to report that there are no findings or recommendations here, so it's a clean audit," Garcia said.
Garcia said the auditors offered two suggestions the board should act on. First, the food‑service fund ended with an "ending unrestricted net position" of about $1,187,900, which the auditor calculated exceeded the federal guidance minimum by roughly $432,000. "That means they're going to want you to spend down $432,000 by either…
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