District news
Forensic audit identifies financial-control and reporting deficiencies
What happened
The district's forensic audit says the 2024-25 overrun depleted the General Fund and left an approximately $1.78 million unassigned fund-balance deficit; it describes control, reporting, and escalation deficiencies.
Why it matters to families
The audit documents material financial-management risks and corrective work that can affect the district's ability to sustain programs and meet oversight requirements.
The evidence
The IMG report describes the deficit, budget overruns, account deficits, and findings about internal financial controls and reporting.
The source
Investigative Management Group Forensic Audit ReportSee the full record for South Country Central School District.
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