Gladstone Schools get clean audit
GLADSTONE — Gladstone Area Schools once again received a clean audit report for the 2016-17 school year. Alan Stotz, CPA, of Anderson, Tackman and Company was present at the Gladstone Area Schools Board of Education’s regular meeting Monday to discuss the audit.
“There’s no modifications — no qualifications,” Stotz said of the results of this audit.
During his remarks, Stotz also noted that the district’s general fund balance was listed at $855,393 at the end of the 2016-17 school year. This marked a significant increase from the beginning of the year, when the fund’s balance was recorded as $747,386.
“We actually added about $100,000 to (the) fund balance this year,” he said.
Anderson, Tackman, and Company did have two minor recommendations for the district. The recommendations were that two old outstanding checks and one old deposit in transit be investigated and that the board take steps to ensure the secretaries at Gladstone’s schools have sufficient bookkeeping training.
Otherwise, Stotz said, no issues came up in the district’s audit.
“All in all, it’s a clean audit — things went well, which is something the board has been used to hearing now for the last several years,” he said.
The board voted to accept the district’s audit report for the 2016-17 school year after Stotz’s presentation.
In other business, the board:
-approved a bond refunding resolution.
-adopted on first reading Neola Policy Updates Vol. 32, No. 1.
-accepted letters of intent to retire from Tim Barron, Kate Ignat, Carol Clark, and Lori Moulds.
-approved Kent King as Yearbook Advisor.