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ACGC audit shows decrease in district's expenses, but slow stabilization overall

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COSMOS -- An audit of the Atwater-Cosmos-Grove City School District shows reductions in expenses has resulted in an increase in the net assets and reserve fund for the 2009-10 school year. But the state's delayed aid payment has weakened the district's cash fund.

In a report to the school board Monday, Steve Wischemann from Kern, DeWenter, Viere Ltd. of St. Cloud, said the state withheld about $1 million more from ACGC than the previous year.

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Carolyn Lange
A reporter for more than 30 years, Carolyn Lange covers county government and regional news with the West Central Tribune.
(320) 894-9750
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