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Audit finds unmodified opinion; board approves $8.845 million in 8% spend authority including a $5.5M device purchase
Summary
Auditors issued an unmodified opinion on the district's fiscal 2024 statements and reported a $70.2M fund balance; the board approved $8,845,391 in 8% spend authority for capital and technology projects, including a planned refresh of roughly 3,700 staff devices at an estimated $5.5 million.
The district's independent financial auditor told the Dorchester School District 2 board that the fiscal year ended June 30, 2024 financial statements received an unmodified opinion and that the district's total fund balance rose by about $5.3 million to roughly $70.2 million.
"We issued an unmodified opinion this year," auditor Emily Sobchak of Greenfinney Collie said, adding that the audit provided "reasonable assurance that the financial statements are materially correct." She reported an unassigned fund balance of approximately $64.9 million, representing about 23% of budgeted operating expenditures, and noted no significant internal…
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