Audit finds school district in strong financial shape

The Katonah-Lewisboro School District finished the fiscal year in good financial shape, according to a recent external audit.

At the school board meeting on Oct. 6, Domenick Consolo of O’Connor, Davies, Munns & Dobbins presented his company’s external audit of the district and said that it was “certainly a very positive year” for the district.

According to the audit, which is available on The Ledger’s Web site, “a moderate amount of unanticipated revenues and underexpenditures allowed the district to increase its unassigned fund balance” and return $2,254,012 to the taxpayers by factoring it into the budget.

via www.acorn-online.com

[posted by Brent]

Comments

[robert dixon]

Hi All:

Brent has moved to California and is no longer posting.

I am sure we all wish him well. Certainly I do.

Don: this has been a great blog. Thanks.

Adieu-Bob D