School Board approves audit report, choir trip

Chuck Kajer, Managing Editor

The New Prague Area Schools approved its annual audit report and a trip by the high school choir to Orlando, FL, during its meeting Monday, Oct. 23.

The board also approved several policy revisions and awarded more contracts for the high school reconstruction project, and heard a report from Operations Director Tim Rybak on the opening of Eagle View Elementary.

Audit report

The board heard a report on the annual audit. Brock Geyen, of the firm Larson Allen, which conducted the audit, gave a presentation on the findings.

He said there were very few concerns raised during the audit, most of them minor. For example, he said there were some intermingling of student activities accounts and teacher convenience funds that were cleaned up during the year, but since they existed during the year, they need to be included in the report.

Another issue was that some of the student activities accounts ended the year with a negative balance. Those accounts were scheduled to be replenished with fundraisers this fall.

As of June 30, 2006, the district's general unreserved fund balance was $1.48 million, while the reserved fund balance was $1.55 million. The district's long-term debt was $70.48 million on June 30.

Geyen pointed to the food service fund balance, which was $176,688. The food service operation seems to be very efficient

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