NLS school officials approve audit, final levy
NEW LONDON -- The New London-Spicer School Board approved the audit of the district's finances through June 30, 2011, and certified the final 2012 local tax levy of $4,039,684 at the regular meeting Monday.
The audit, performed by Conway, Deuth and Schmiesing, found that the district had an unassigned general fund balance of $109,123 on June 30 of this year. The fund recovered $355,614 from June 30, 2010, when the district had a negative unassigned general fund balance of $246,491.
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