The LaRue County School System ended fiscal year 2009 with $9.8 million, according to an audit prepared by Stiles, Carter & Associates, P.S.C.
The cash balance reflected $2.2 million increase in the general fund, Brian Woosley, accountant for the firm, told school board members Sept. 21. The primary reason for the increase was cost control measures and not spending contingency funds.
The district improved its financial position through an increase of $1.8 million in net assets – land, improvements, buildings, vehicles and construction in process.
If you currently subscribe or have subscribed in the past to the LaRue County Herald, then simply find your account number on your mailing label and enter it below.
Click the question mark below to see where your account ID appears on your mailing label.