Perry Township Schools is proud to announce the successful completion of
its annual financial audit for the 2024-2025 fiscal year. The independent audit, conducted by
Forvis Mazars and reviewed and approved by the Indiana State Board of Accounts, resulted in an
unmodified opinion —the highest level of assurance an organization can receive.

The comprehensive review confirmed that the district’s financial statements accurately represent
its financial position and that internal controls remain robust. This “clean” audit marks the fifth
consecutive year Perry Township Schools has met these rigorous standards, reinforcing its
commitment to transparency and the responsible stewardship of taxpayer dollars.

Key Highlights of the Audit:
Zero Material Weaknesses: No significant deficiencies were found in the district’s
internal financial reporting or processes.
Regulatory Compliance: Full compliance with state and federal guidelines regarding the
use of grant funding and educational allocations.
Fiscal Stability: Verification of healthy reserve funds and sustainable long-term debt
management.

“Our community places a high level of trust in our team to manage public resources effectively.
This audit is a testament to the hard work of our business office, operations teams, academic
teams, and our school building staffs. It is also a testament to our commitment to ensuring every
dollar is directed toward providing a desire for lifelong learning that inspires all students to
maximize their academic success,” said Perry Township Schools Superintendent Dr. Patrick
Spray.

“Maintaining strong internal controls and clean financial records in a district of this size requires
attention to detail. This report validates our team’s dedication to integrity and fiscal discipline
under the leadership,” said Perry Township Schools Chief Financial Officer Kent Hatcher.

Click here to view the final audit report, which is also available on the Indiana State Board of
Accounts website.