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