Board accepts clean annual audit; auditors report no control deficiencies

The Rumson-Fair Haven Regional High School Board accepted the Annual Comprehensive Financial Report dated June 30, 2024, after a presentation by Brian Waldron of HFA District Auditors. Waldron told the board that the audit opinion was unmodified and that auditors found no control deficiencies, summarizing the report as a clean audit: "The audit was an unmodified opinion. The audit found no control deficiencies. It is a clean audit," (as presented to the board).

The acceptance of the audit was included in the Finance agenda items (14–24) approved on a motion by Mr. Grant and seconded by Mrs. Whitehouse; the roll-call vote recorded a majority yes. The finance packet presented specific fund totals for Nov. 15, 2024: General Fund $629,655.88; Special Revenue Fund $14,111.11; Capital Projects Fund $467.60; Food Services Fund $113,171.53; for a bill-list total of $757,406.12. Payroll amounts listed in the packet were $601,858.86 (10/31/24) and $608,429.95 (11/15/24), with Total Expenditures shown as $1,967,694.93.

Board members approved multiple related finance items at the same time, including donations (hockey duffle bags and a refrigerator) and consultant approvals. The board did not identify any control issues or request further audit follow-up during the public session.