District receives good audit report for previous year

Posted November 30, 2017 at 9:47 pm

WWG — Blake Bode, of Eide Bailly auditing firm, gave a report on the districts finances for the 2016-2017 year ending June 30, 2017. Bode noted that despite a budget shortfall last year, the district had a slight increase of $21,000. The increase stopped previous, fairly high, decreases in fund balances since 2014.

The general revenue state source decreased by about 5 percent; Local Property Taxes increased by about 3 percent; Local and county sources increased by about 1 percent; a significant change in General Fund expenditures was in Salaries and Wages which decreased by about 4 percent; employees benefits rose by about 2 percent.

Property tax levied rose by about $160,000. Pupil units rose by 3 students. Since 2013 Pupil Units dropped from 426 in 2013 to 390 in 2017.

Please see this week’s edition of the Westbrook Sentinel Tribune for the full story and more pictures.

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