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Board approves unaudited financial report showing $4.01 million ending balance
Summary
The Rowan County school board approved the unaudited financial report for the period presented; the finance presenter reported a beginning balance of $5,889,321.55, receipts of $1,770,282.76 and expenditures of $3,649,596.03, leaving $4,010,008.28 pending auditor adjustments.
The Rowan County School Board voted to approve the unaudited financial report presented during the meeting. Miss Littleton, who delivered the financial figures, told the board: "We started out the month with $5,889,321.55. We brought in $1,770,282.76. We spent $3,649,596.03, and we ended with $4,010,008.28." Chair moved the motion, it was seconded, and the board voted in favor.
Board members and staff cautioned that the numbers are temporary until the auditors make final adjustments. Miss Littleton stressed this is a working document: "these are temporary numbers, and they will change when we come back to approve the final audit." The motion passed without recorded opposition.
