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GFW hears 2020 audit report

by Doug Hanson

The GFW School Board heard some positive news on January 11 at its regular monthly meeting. Layne Kockelman, an auditor for ADBO Eick & Meyers, reported that the downward trend of the District’s General Fund Balance has leveled off and is starting up. Kockelman showed that from fiscal year 2016 to 2017, the District saw a large dip in its General Fund balance due to the budget staying at the $10 million mark and the average daily attendance dropping by 35 students. The cost per student dropped about $400 in 2020 as the budget balance leveled off.

For the complete story, check out the January 20 issue of the Winthrop News.

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