MANCHESTER – A clean audit led to the Township School District receiving a financial award during a recent School Board meeting.
Dave Gannon, of the accounting firm PKF O’Connor Davies, reviewed the district’s audit report for the fiscal year 2019-20 during that Board meeting. He praised the district staff for their cooperation with the audit and their ongoing commitment to quality record keeping.
Gannon also reported that the district received an unmodified opinion on the district’s financial statements for that school year, which means that they fully complied with county and state regulations and there were no audit findings or recommendations.
Along with the general audit, Gannon reported his firm also does an audit for federal and state programs and Manchester had earned an unmodified opinion there. He also reported that the district continues to do an excellent job of improving the financial situation at the state Regional Day School in Jackson, which is managed by the district.
Gannon announced that the district received the Certificate of Excellence in Financial Reporting from the International Association for School Business Officials for the 25th consecutive year, noting that the school district is one of only 30 in the state to achieve the recognition this year.
He presented the award plaque to Business Administrator Craig Lorentzen who stated, that receiving a clean audit is a district-wide effort. Lorentzen thanked his board office staff and the staff and administration in the schools for their dedication and efforts during the audit process.
“Receiving the Certificate of Excellence in Financial Reporting is a testament to the board, administration and district staff and their goal to provide a thorough and efficient education while remaining in compliance with federal, state, and local laws and guidelines,” Lorentzen said.
Lorentzen added, “this award validates the district’s commitment to fiscal integrity, transparency, and high-quality financial reporting.”
