NLS board hears preliminary audit report
NEW LONDON -- The New London-Spicer School Board received the preliminary results of the district's annual audit at the regular meeting Monday.
While the final audit presentation will be made at the board's next meeting on Nov. 13, Business Manager Todd Netzke presented information that the projected unrestricted general fund balance is expected to increase to $181,011 on June 30 of this year.
That's $71,899 more than the July 1, 2011, balance of $109,112.
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