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Audit shows Willmar Schools has shrinking fund balance

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WILLMAR -- The Willmar School District has seen its enrollment and its unreserved fund balance shrink in recent years, but it ended the 2008 fiscal year with a balance equal to 10 percent of expenditures, according to information from the district's annual audit.

Paul Harvego, an auditor from Conway, Deuth and Schmiesing, provided a summary of the audit's findings to the Willmar School Board Monday evening.

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