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USD 422 adopts GAAP waiver, sets mileage and petty cash limits, approves auditor and salary
Summary
The Kiowa County school board adopted a GAAP waiver (Resolution No. 2101), set the mileage reimbursement rate at $0.45, established petty cash limits, approved VonFeldt, Bauer & VonFeldt as auditors and set the elementary/junior high principal's salary at $74,000.
The board voted to adopt Resolution No. 2101, granting a waiver from generally accepted accounting principles that includes fixed asset accounting, on a motion recorded by J. Wynn Fleener. The board also set the 2020-21 mileage reimbursement rate at $0.45 per mile and established petty cash limits of $1,500 for the clerk and $150 each for the high school and elementary/junior high.
VonFeldt, Bauer & VonFeldt was approved as the auditing firm for the district's budget and auditing services for 2020-21. Separately, the board set the 2020-21 salary for Stephanie White-Neuhold, elementary/junior high principal, at $74,000 on a motion by Paul Kendall. Each motion passed on recorded votes as shown in the minutes.
