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State audit found a $1 million general fund deficit

Financial
Excerpt from Union County School Board 2026-04-14 - Attachment #14 (Auditor General, Financial and Federal Single Audit, Report No. 2026-166, March 2026, Union County District School Board for the Fiscal Year Ended June 30, 2025).pdf for State audit found a $1 million general fund deficit
Official source excerpt: Union County School Board 2026-04-14 - Attachment #14 (Auditor General, Financial and Federal Single Audit, Report No. 2026-166, March 2026, Union County District School Board for the Fiscal Year Ended June 30, 2025).pdf; editorial caption by Our School Board · source-evidence

What happened

Auditor General Report No. 2026-166, presented to the board on April 14, 2026, found that at June 30, 2025 the general fund had a deficit of about $835,000. Its unassigned balance was a deficit of about $1.04 million, or negative 4.98% of general fund revenue. The audit says available money dropped sharply.

Why it matters to families

A negative fund balance means the district had no cash cushion for its day-to-day operating fund. This led to the cuts, the state emergency oversight and the line of credit.

The evidence

Auditor General financial and federal single audit, Report No. 2026-166 (March 2026), for the fiscal year ended June 30, 2025.

The source

Attachment #14 (Auditor General, Financial and Federal Single Audit, Report No. 2026-166, March 2026, Union County District School Board for the Fiscal Year Ended June 30, 2025)

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