Board Presented Fiscal Year 2009 Annual Financial Report
November 23, 2009
At its regularly scheduled meeting on Thursday, November 12, 2009 the Meridian CUSD #223 School Board was presented the Fiscal Year (F9) 2009 audit by Curt Kleckler, representing the Certified Public Accounting firm of Sikich..
The audit, also known as the Annual Financial Report (AFR), showed the district having revenues exceeding expenditures by $450,260 in the three major operating funds. The following table shows the three major operating funds for FY 09. The District also earned the state's highest financial designation of "Recognition".
| Fund | Revenue | Expenditure | Over/(Under) |
| Education | $14,834,841 | $14,148,489 | $686,352 |
| Operations and Maintenance. | $1,112,836 | $1,149,036 | ($36,200) |
| Transportation | $933,334* | $1,133,226 | ($199,892) |
| Total | $16,881,011 | $16,430,751 | $450,260 |
Note: 4th Quarter state reimbursement of approximately $200,000 was not distributed until after June 30, 2009.
Please click on the link below for the complete Annual Financial Report