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Board accepts clean audit; approves consent agenda items
Summary
The Maranek Union Free School District board accepted an independent auditor's unmodified opinion and approved routine consent-agenda items after brief discussion; the audit showed the general fund rose to $40.3 million and the district's unassigned fund balance sits at the 4% cap.
The Board of Education of the Maranek Union Free School District accepted an independent auditors' report for the year ending June 30, 2025, after the district's auditor reported an unmodified, or "clean," opinion.
"We issued an unmodified opinion, which is a clean opinion," said Mark Hownan, director with PKF O'Connor Davies, describing that the financial statements were "fairly stated" in all material respects. Hownan said the district's general fund balance rose from $36.8 million at the start of the year to $40.3 million at year end and explained that restricted reserves and encumbrances accounted for a large portion of the balance.
The resolution read by the chair directed the board to accept the general-purpose financial statements, supplemental schedules and the auditors' management letter for the year ending 6/30/2025. A board member moved the resolution and a second was recorded; the chair called for the vote.
Hownan walked the board through revenues and expenditures in the audit packet, noting $163.2 million in actual revenues (driven largely by property tax and state aid) against a final budget of $159.3 million, and he highlighted that the district's unassigned fund balance of $6.7 million equals the 4% cap allowed under New York rules for unassigned reserves.
The board also approved the consent agenda that included approval of minutes, personnel actions, agreements and amendments, budget transfers, declarations of obsolete property, recommended special-program arrangements, and acceptance of gifts and donations. A motion and second were made and the chair called for the vote.
The board did not record a roll-call tally in the transcript for the audits or the consent agenda; the minutes and formal meeting record should be consulted for the official vote counts and any dissenting statements.
