District audit reveals mixed results
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The Carlton school board received the results of the annual audit on Monday night and learned that this year’s deficit is lower than expected. Janel Bitzan of the accounting firm BerganKDV outlined the results via remote video presentation.
“The amended budget called for a decrease [in the general fund] of $463,000. The actual was a decrease of about $65,000. So about $397,000 better than you anticipated the fund balance to come out,” she said.
Why the big disparity between the anticipated and actual? Mostly it was federal dollars coming into the district.
“Your revenues from federal sources w...
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