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Board certifies $138.5 million in fixed assets after $3 million increase tied to sports facility, outdoor classrooms and buses
Summary
The board approved the districts fixed assets certification for audit reporting, which shows a roughly $3 million increase from completion of a sports facility, outdoor classroom additions and bus purchases; ending fixed assets reported at $138,542,276 (as of 06/30/2024).
The Moriarty‑Edgewood School District board approved a fixed assets certification on Oct. 15 that the finance director said is needed for the districts annual audit.
Miss Young (finance director) told the board the districts fixed assets (items with value over $5,000) rose by about $3,000,000 in the 2023–24 school year, driven principally by completion of a sports facility, additions of outdoor…
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