From Staff Reports
The Slaton Independent School District Board of Trustees heard a report on the annual financial report Thursday evening (Dec. 10) during its regular monthly meeting.
Art Martin presented the 60-page report to the Board. In it, he highlighted the several areas of report, adding it was an overall clean audit.
One of these was the use of reserves, but added they were still in a good financial position as not all of the reserve money was used.
Martin also addressed some minor matters such as budget variances. One of these was a deficit of $200,000 after expenditures hit $17.7 million but revenue was at $17.5 million. Money from the general fund was used to cover this.
Superintendent Jim Andrus gave an update on the school District. Enrollment is down 32 students from the past school year, adding they are “beating the drum” to get students to come back. He added this is happening in virtually every District statewide and SISD was doing what it could to stop the student loss.
For more information, please read the Thursday edition of The Slatonite.