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Special School District reports clean audit but warns of multi‑year deficits
Summary
The Special School District of St. Louis County received a clean financial‑statement audit but finance leaders told the governing council on March 2 that timing issues, state funding shortfalls and rising personnel and substitute costs have left the district running multi‑year deficits and needing action to reach a balanced budget.
The Special School District of St. Louis County’s governing council heard a clean audit opinion and a stark budget forecast on March 2.
CFO Cindy Reidelman told the council the district’s financial‑statement audit returned a clean opinion with no findings, but the district is running persistent deficits driven largely by rising salary costs and timing issues for tax and state revenue. “We cannot sustain this. We have to get to a balanced budget,” Reidelman said during the presentation.
Why it matters: the audit’s clean opinion confirms the district’s fiscal reporting is in order, but staff presented multi‑year internal forecasts that show deficit spending continuing into the FY27–FY29 window unless the district takes greater corrective action. Reidelman’s presentation described a fund‑balance…
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