BANGOR PUBLIC SCHOOLS: THREE YEARS OF AUDITS

Started by Shadowninja, Sep 19, 2026, 03:16 PM

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Shadowninja

BANGOR PUBLIC SCHOOLS: THREE YEARS OF AUDITS

Lady Budgetdown took a look at Bangor's last three audits.

Two things stood out.

Bangor's General Fund balance fell from $2.49 million to $1.39 million in two years — a decline of approximately $1.10 million, or 44.2%.

Then there are the audits themselves.

In 2024, auditors reported a material weakness in financial reporting controls.

In 2025, that material weakness remained — and auditors added a finding of material budget noncompliance.

Declining reserves are one thing.

Repeated audit concerns are another.

Together, they leave a pretty simple question:

What is Bangor doing to change course?

👑 With receipts and respect.