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Westfield district receives positive audit report

November 28, 2012
By DIANE R. CHODAN (dchodan@observertoday.com) , Westfield Republican / Mayville Sentinel News

WESTFIELD - Certified Public Accountant Michael Corey presented an audit report that had "no serious fault" to the Westfield Board of Education at its recent meeting Tuesday, Nov. 13.

"The books are in good shape," Corey said.

He complimented Alan Holbrook, business manager and district clerk, for the job he does.

Article Photos

Photo by Diane R. Chodan
Certified Public Accountant Michael Corey, far right, presents his independent audit report to the Westfield Board of Education. Board of education members listening to the report from left to right are: Edward LeBarron; Phyllis Hagen; Joy Bodenmiller; and Marie Edwards.

Corey noted the assets for the district are on a downward slope. He gave several reasons: capital depreciating over time, such as buildings; state aid is down; and the district has used assets to pay off its debts.

While there were no serious faults, there is room for improvement. He noted the school lunch program was running a small deficit.

To read the entire article, visit www.observertoday.com/page/content.detail/id/578428/Positive-audit-presented-to-Westfield-school-board.html.

 
 

 

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