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Lanesboro School Board hears audit report


Fri, Nov 16th, 2012
Posted in Lanesboro Education

By Jade Sexton

Pam Ristau, CPA, presented the Lanesboro City Council the 2011-2012 audit report at their regular meeting on November 15, and the board approved it as presented.

Ristau said the district had a decrease in their general fund balance, but it’s still a strong balance, and she doesn’t have any concerns. The fund balance is $3.4 million, and Ristau said many districts their size are at less than $100,000.

The Food Service budget has a strong base, and has a balance of $36,000. Ristau noted that most school districts in the area are breaking even with their food service.

The area with the greatest decrease was Community Service, which includes the daycare. That area had the largest loss of $77,000. It is currently operating at a negative balance, and Ristau said they may have to allocate money from the general fund to make up for it at some point.

The debt service fund is up $11,000 this year, and the district is paying off two bonds.

Ristau commented that Lanesboro has a good, strong district and is doing very well.

Winter Sports

Coaches for winter sports were approved. The head boys’ basketball coach will be John Smith, with Chris Hanson as assistant coach. Cody Hungerholt and Brett Klaehn will be coaching junior high boys. Kelly McMillen is the girls basketball head coach, with Gina Klennert as assistant coach. Junior high girls’ basketball coaches are Jared Pierce and James Semmen.

Other Business

The board approved having an early out the day before Christmas break. On December 21 the students will get out at 11:32 a.m.

Superintendent Jeff Boggs reminded the board they will have the tax hearing and the budget at their next meeting on December 20 at 7p.m.

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