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Board Presented FY 2008 Annual Financial Report

District once again earns state's "Recognition" designation

November 19, 2008

At its regularly scheduled meeting on Thursday, November 13, 2008 the Meridian CUSD #223 School Board was presented the Fiscal Year (F8) 2008 audit by Curt Kleckler, representing the Certified Public Accounting firm of Sikich..

The audit, also known as the Annual Financial Report (AFR), showed the district having revenues exceeding expenditures by $1,259,261 in the three major operating funds.  The following table shows the three major operating funds for FY 08.  The District also earned the state's highest financial designation of "Recognition".

 

Fund Revenue Expenditure Over/(Under)
Education $13,135,459 $11,772,674 $1,362,785
Operations and Maintenance. $1,042,923 $1,001,936 $40,987
Transportation $915,192* $1,059,703 ($144,511)
       
Total $15,093,574 $13,83,4313 $1,259,261

Note:  4th Quarter state reimbursement of approximately $150,000 was not distributed until after June 30, 2008.

Please click on link below for full Annual Financial Report

Click here for FY 08 Annual Financial Report

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