Newspaper Article Archive of
The Kalona News
Kalona, Iowa
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Newspaper Article Archive of
The Kalona News

September 28, 2017 Highland Board holds annual business meeting
Article Pages -- as published on the The Kalona News website.

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ARTICLE DESCRIPTION:

Riverside

Business director Sue Rich took the reins early of the Highland school board meeting September 25 as she took the board through the district’s finances from the previous years, while getting the necessary approvals for the coming year.

First on the agenda was going over the district’s certified annual report.

As always, the general fund took up a majority of both the expenses and the revenues of the district budget, accounting for 77 percent of each. Total general fund revenues for the district last year totaled $8,569,674.93, while expenses totaled $7,919,599.99. The result is a surplus of $650,074.94.

With the surplus from the past year added to the beginning balance of the general fund, the district now has a positive balance of over $1 million dollars in their general fund ($1,191,670.26).

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