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District audit shows stronger net position; board approves policies and consent items
Summary
Chief Financial Officer presented an audit showing increased net position and noted bond and fund activity; the board approved the consent agenda and a third-reading set of policy revisions during roll-call votes.
The School District No. Re-3 Fort Morgan chief financial officer presented highlights from the district audit during the Jan. 6 meeting and said the audit has been accepted by the Colorado Department of Education and the federal clearinghouse.
"When you look at this, it says general fund in that first column... the combined fund ... total is 13,500,000 which for this year was an increase of 22,600,000," the…
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