Little change to SCC's auditSt. Croix Central School District’s audit report for the 2010-11 school year showed little change.
St. Croix Central School District’s audit report for the 2010-11 school year showed little change.
Tom Kortas of Larson Allen, LLP presented the district’s audit report to the board at the regular school board meeting in December.
According to the report, the general fund balance remained virtually the same as the prior year-end with an increase of only $2,806.
The district paid $1.3 million in debt last year, lowering the debt total to $14.8 million.
Following the board meeting, Superintendent David Bradley commented that the general fund balance was “by design.”
“Our practice the past several years has been to take a close look at our budget toward the end of June; and if we have some money remaining in our budget, we go ahead and purchase some needed classroom technology before the end of the fiscal year on June 30th,” he said. “We did that again this past summer.”
Kortas complimented District Accountant Jennifer Kleschold and the district office staff for their detailed and accurate financial records.