Hopkins County School Board Receives Audit at Special Meeting
THE HOPKINS COUNTY BOARD OF EDUCATION RECEIVED THEIR ANNUAL AUDIT YESTERDAY AT A SPECIAL CALLED MEETING.
WES ALFORD OF ALFORD NANCE AND JONES PRESENTED THE AUDIT AND SAID THAT THE BOARDS FINANCES WERE IN ORDER. ALFORD SAID THAT THE HOPKINS COUNTY SCHOOL SYSTEM HAD A GENERAL FUND BALANCE OF 7.5 MILLION, WHICH IS 2-3 MONTHS EXPENSES.
THE BOARD LAST YEAR HAD A LOSS OF 500-THOUSAND DOLLARS DUE TO A DECREASE OF FEDERAL FUNDS AND THE PURCHASE OF 7 SCHOOL BUSES.
AND THE AUDIT FIRM, AS WELL AS BOARD MEMBERS HEAPED PRAISE ON THE DISTRICTS NEW FINANCE MANAGER, EDIE TATE.