Moose Lake Star Gazette - Serving Carlton and Pine Counties Since 1895

By Lois E. Johnson
Moose Lake Star-Gazette 

Audit report reviewed for Barnum Schools

 

October 24, 2019



The Barnum School Board accepted the audit report at the meeting of the board on Tuesday, Oct. 15.

Andrew Grice from the auditing firm of BergenKDV presented the report.

The report stated that 55 percent of revenue (income) is from state aid, 37 percent is from program revenues, 8 percent is from property taxes and other sources provide less than one percent of the revenue.

“The district’s total revenue was $9,049,024,” the report stated. “Expenses totaling $7,448,137 consisted mainly of regular, vocational and special education instruction costs of $3,692,068. Other areas of cost included support services (district, administrative, instructional and pupil), sites, buildings and equipment, fiscal and other fixed cost program, food service, community education and services, unallocated depreciation, and interest and fiscal charges on long-term debt.”

On another chart, revenues were listed at $8,474,534, and expenditures at $8,697,633, a difference of -$248,632 in the General Fund. The amount of $25,533 had to be transferred from the General Fund to the Food Service Fund to cover a deficit in that fund.

The number of students enrolled in the school district has decreased, Grice said.

“There was a decrease of 39 students in 2018-2019, and a decrease of 44 students over the last five years. Open enrollment was taken into account. There were 771 students by the end of the last school year. That’s a decrease of 4 percent.”

He also reported that the school district has less than a month of funds for expenditures. It should have two to four months of funds.

Business Manager Dawn Hultgren was thanked by a board member for “doing a wonderful job.”

The audit report is available for viewing at the district office.

In other business, the board accepted the resignation of Josh Earlywine, Boys Basketball IV Coach, and approved hiring AJ Palmer as the Head Girls Basketball Coach.

The next meeting of the board was set for Tuesday, Nov. 19, at 6:30 p.m.

 

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