Athletics

Financial Documents

STATE FINANCIAL REPORTS

All financial reporting is due the Pennsylvania Department of Education by June 30 of each calendar year. Deadlines for the state report are due June 30 and October 3.

AUDITOR GENERAL REPORT

The Plum Borough School District is required, by law, to have all District accounts audited at the close of each fiscal year (June 30). Audits, official inspections of an organization’s financial accounts by an independent entity, are performed on our record of the accounts. They are performed on the local, state, and federal levels.

More specifically, Pennsylvania conducts annual state audits. They are completed by the General Auditor to gauge District performance and adherence to fiscal soundness.

Audited Financial report

On the local level, annual audits are conducted by independent auditors to gauge District performance and fiscal responsibility.

BOND RATINGS

Credit ratings are forward looking opinions about an issuer’s relative creditworthiness. They provide a common and transparent global language for investors to form a view on and compare the relative likelihood of whether an issuer may repay its debts on time and in full. The district receives credit ratings from both S&P and Moody's. The district's current credit ratings from each service is listed below:

S&P as of October 26, 2021 - BBB Positive

Moody's as of July 26, 2023 - A3

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