YCSD Announces Positive Audit Results

The Yorktown Central School District is proud to announce the successful completion of its annual financial audit for the close of the 2022-2023 school year, exemplifying the District’s commitment to financial transparency and accountability.

At the Board of Education meeting on October 2, the District's external auditors presented an audit summary and highlighted the following key points:

• The District earned an unqualified, or “clean,” opinion for both its basic financial statements and the extra classroom activities report. This signifies that there were no identified issues that would compromise the integrity of these reports.

• The management letter, a tool used to convey any recommendations or control deficiencies, noted zero findings, a commendable achievement that speaks to the District's robust internal control systems.

• The District closed the fiscal year with a general fund unassigned fund balance that complies with New York State real property tax law.

Additionally, the extra classroom activity fund, which comprises numerous student clubs and associated activities across various buildings, also received no reportable findings. The independent auditor remarked that it is “very uncommon to not have findings,” praising the District for this accomplishment two years in a row.

Board members expressed gratitude toward the District’s business office for their hard work and toward the auditor for their diligence and collaboration.