Board updated on additional past WSWSU financial mismanagement

WILMINGTON- Twin Valley School Board members confronted more fallout from past financial mismanagement at Windham Southwest Supervisory Union at their meeting Wednesday evening.
Superintendent Bill Bazyk said Twin Valley’s fiscal year 2024 fund balance is $142,343 lower than had been expected.  Before Twin Valley’s annual meeting, the supervisory union figured the district ended the year with a fund balance of over $906,000.  But this week, Bazyk said that, during the course of preparing for an official audit, additional accounting errors were found.


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