Pine Knot News - A hometown newspaper with a local office, local owners & lots of local news

B&B Market Catering & Quality Meats. On top of Big Lake Hill in Cloquet.

Cloquet board talks finances, tuition agreement


October 29, 2021

While the final 2021 audit brought news of a $556,000 surplus for the Cloquet school district, superintendent Michael Cary cautioned board members that the extra money will eventually be spent on curriculum.

“That’s not new money that will stay in the coffers forever, it’s already assigned to a purpose,” Cary said.

Cloquet got an “unmodified opinion” on its audit, the best allowed for financial statements, according to the auditor from BerganKDV. Cloquet’s healthy fund balance acts as a good shock absorber, he said.

Members of Carlton and Cloquet tuition agreement committees...

For access to this article please sign in or subscribe.


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021