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Midland Borough SD board approves year‑end financial statements
Summary
On Jan. 13, 2025 the Midland Borough SD Board of School Directors approved the district balance sheet and year‑end statements for Dec. 31, 2024, and accepted the budget‑vs‑actual report after unanimous votes by members present.
The Midland Borough School District Board of School Directors approved its balance sheet as of Dec. 31, 2024, and the Statement of Revenues, Expenditures and Changes in Fund Balance for the year ended Dec. 31, 2024 at its regular meeting on Jan. 13, 2025. The board also approved the budget‑and‑actual statement for the same period.
The financial approvals were made on a motion by board member Stephanie Pennington, seconded by Chris Becker; "all members present voting Yes" was recorded. Six directors were present at the meeting that began at 7:07 p.m. These approvals conclude the board’s recorded year‑end financial reporting steps for 2024 and leave routine follow‑up to district administration and auditors as needed.
