Auditors give Oxford Area SD clean opinion on 2024–25 finances; pension liability still large

Auditors give Oxford Area SD clean opinion on 2024–25 finances; pension liability still large

Pennsylvania / School Districts / Oxford Area SD

Independent auditors presented unmodified (clean) opinions on Oxford Area School District’s 2024–25 financial statements and federal single audit, reporting no control findings; they noted a net deficit driven largely by the district’s share of pension liabilities and said the district’s general fund performed slightly better than budgeted.

Oxford Area SD board approves $6.3M budget transfers, certifies 4.7% tax index and clears $14.5M energy‑savings amendment

Oxford Area SD board approves $6.3M budget transfers, certifies 4.7% tax index and clears $14.5M energy‑savings amendment

Pennsylvania / School Districts / Oxford Area SD

At its Nov. 18, 2025 meeting, the Oxford Area School District Board approved $6.3 million in budget transfers, certified a 4.7% Act 1 tax index for 2026–27 (making the district eligible to seek a voter referendum), approved payment of bills and cleared Amendment 2 to a guaranteed energy‑savings agreement totaling $14,500,580 (subject to solicitor review).

Powered by CitizenPortal.ai