Verndale school transfers between funds to cover building project
Brian Jacobson of Carlson Highland presented the Verndale School Board with its 2009 audit by his accounting firm at its November meeting -- and a bit of a surprise.
While the general financial health of the district is good, the administration had to transfer $180,000 from its general fund to cover a deficit in the health and safety fund that went back a number of years.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at email@example.com and we can help you.