Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2019

Comprehensive Annual Financial Report
Fiscal Year Ended June 30, 2019

Unfortunately the school system received two adverse opinions from our auditor Cohn Reznick. Our budget had difficulty to provide the same level of service for our students and staff. We have a growing health care deficit ( up to 39.2 million). Fortunately, we are able to have some fund balance (15.2 million) from last year. We are working on creating a plan to pay down this deficit in a reasonable amount of time.

The audit report is here:

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