Audit gives district high marks

JOHNSTOWN – The Greater Johnstown School District Board of Education recently accepted the findings of the district’s annual audit, for which the district scored high marks.

Accountant Amy Pedrick of West & Company CPAs of Gloversville reviewed highlights of the independent auditor’s report with the school board during a meeting at Warren Street Elementary School.

The board directed Superintendent Robert DeLilli to file the report for the 2012-13 fiscal year to the state Education Department and the Hamilton-Fulton-Montgomery Board of Cooperative Educational Services.

Pedrick said her firm has been auditing the Johnstown school district for about four years.

“The audit went very, very well this year,” she told the board.

Pedrick said the district’s financial statements were presented fairly and the district received a “qualified opinion,” or the best audit review.

She said the district’s fund balance was decreased from more than $2 million to about $1.5 million, but that is an “overall healthy” figure for the district.

She said the school lunch fund deficit was decreased from $36,000 last year to $20,000 this year.

She said the district also received a “clean opinion,” or no findings, for a compliance audit of federal funds. Those federal funds include grant money the district receives.

Pedrick also noted the audit found no problems with a review of extra-classroom activity funds, which includes an accounting of club funds.

“This is nothing that would rise to a finding,” Pedrick said. “Overall, the audit went very, very smoothly.”

Board President Paul VanDenburgh credited School Business Manager Alice Sise and her staff, as well as West & Company.

“It’s a very clean audit,” he said. “My thanks to the district business office.”

VanDenburgh said the district needs to have a plan in place for its reserves, or undesignated funds. He said a plan is what the state is looking for from the district.

Sise agreed the district needs a plan on how it intends to use its reserves in the future.

Michael Anich covers Johnstown and Fulton County news. He can be reached at