Several agreements, job descriptions, and some general business were the focus of the October meeting of the Scottsboro City Board of Education. They also made a decision about the fleet
The grand opening for its new campus on Corporate Parkway in Meadowbrook was May 3. The location was a former daycare and offers 9,000 square feet of space. The interior was completely renovated, and modifications were made to fit what WISE needed.
The grand opening for its new campus on Corporate Parkway in Meadowbrook was May 3. The location was a former daycare and offers 9,000 square feet of space. The interior was completely renovated, and modifications were made to fit what WISE needed.
By Nathan Prewett
LEEDS – The Leeds Board of Education heard a 2020 fiscal year audit report concerning the school system’s revenue and finances at a regular meeting on Tuesday, July 13.
Among the highlights of the report were that cash and cash equivalents was $3.6 million and property taxes receivable of $4.3 million by the end of 2020. The regular receivable was $668,000 and inventories, such as child nutrition items, was at $44,000. Total assets were $67.8 million.
Total liabilities were at $75 million. The total net position was negative $14 million but the report stated that this is common among school boards throughout the state. $8.7 million in revenue came locally, helping to reduce any deficit that had accrued. The general fund was found to have $6.7 million in assets.