NEWBERRY — The Newberry County School District received an unmodified opinion on its financial statements and are in a good financial condition as of June 30, according to Greene Finney & Horton’s accountant Kevin Madden.
Madden presented the school district’s financial audit ending June 30 at Monday’s regular school board meeting at The Learning Center. An unmodified opinion is the best opinion received.
Madden praised the district for its good rates on loans which accounts to the good fund balance, he said.
He also explained that the district was 1 percent away from the budget last year.
Madden did inform the district to keep salaries and pension plans in the back of their mind for the future. He explained that when the payroll continues to go up, there is more than likely an adverse effect on salaries.
Madden also said there were no findings in significant deficiencies or material weaknesses. He praised the district for a good job when visiting and auditing Title I schools, IDEA and school improvement.
The audit was accepted unanimously by the board.
The board also unanimously passed two second and final readings for school board policy changes in regard to professional staff leaves and absences and support staff leaves and absences.
After a review by the district’s attorney, the wording changed in several instances to clarify. Human Resources Director Pam Arrington pointed out that a major portion of the reimbursement for unused leave was eliminated. All employees are advanced 12 sick days at the beginning but there will not be any retroactive reimbursement. The policy change is the same for professional and support staff.
Assistant Superintendent for Operations gave an update on the new district administration v in construction on Main Street/S.C. 219.
The window and storefront will start soon and the glass delivery is on its way. The interior sheet rock is complete and painting is ongoing, Suber said.
The concrete parking lot curbing is set to start as soon as the wet weather dries up.
Suber said the building only has temporary power but permanent power is on its way. They are waiting on Newberry Electric Cooperative to tie the power in, Suber said.