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Franklin Township school business administrator reports clean FY25 audit but lists four findings
Summary
School business administrator Steven Freid told the board the district received an unmodified (clean) opinion for the FY25 audit while publicly reading four management comments on food-service reserves, payroll agency reconciliations, journal entry controls, and student activity account reconciliations.
Steven Freid, the district’s school business administrator, told the board the FY25 financial audit resulted in an unmodified opinion — the highest-level (clean) audit outcome — but he was required by statute to read the auditor’s management comments into the minutes.
"We received an unmodified opinion on the audit report, which is…
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