HFCS WAS GIVEN AN UNMODIFIED OPINION FOR THE 2019-2020 AUDIT RESULTS.
The annual external audit was presented to the Hoosick Falls CSD at the September 17, 2020 Board of Education meeting. An external audit of the District is required each year by New York State and can result in three possible opinions: adverse, modified and unmodified. An unmodified opinion means the information presented was an accurate representation of the financial status of the District. Only one instance of noncompliance material to financial statements was identified. The District General Fund unrestricted, unreserved fund balance exceeded the 4% limitation. Corrective action will be was taken by administration by June 30, 2021.
To see the results of the 2019-2020 Audit of Hoosick Falls Central School District, click on the links below:
For the letter written to the HFCS Board of Education about required communications, click here: Letter to Board of Education.
To see the Financial Statements and Required Reports, click here: Financial Statements & Reports.
To view the Extraclassroom Activity Funds Report, click here: Extraclassroom Activity Funds Report.
The Board of Education will accept the corrective action plan for the financial statement finding at the October 15, 2020 meeting.