Marysville schools face 'rare and alarming' audit
MARYSVILLE — State auditors last week provided the latest hit to the Marysville School District, questioning the district’s ability to continue operating in a “uniquely perilous” financial situation.
In a report released Aug. 5, state Auditor Pat McCarthy called the results of her office’s audit “rare and alarming.”
The audit found no deficiencies in the district’s financial reporting or internal controls, according to the report’s cover letter. However, auditors issued two findings, including one it classified as “extremely urgent.”
“The District’s financial condition places it at risk of being unable to meet financial obligations or provide services at current levels,” the audit said.
https://www.heraldnet.com/news/marysville-schools-face-rare-and-alarming-audit/
= new reply since forum marked as read
Number one >>>"found no deficiencies in the district’s financial reporting or internal controls"
Number two >>>.."risk of being unable to meet financial obligations"
If I did that, regarding my income, I'd scold myself for being pretty damn foolish! 