School finances remain strong

By Katie Friedman, Correspondent:

At its most recent meeting, Monday, November 8, the Maple Lake School Board heard and accepted the School District’s annual financial audit as prepared by Schlenner Wenner & Co., presented by Certified Public Accountant Ashley Meagher.

Meagher told the board the audit had been performed in accordance with government standards and that the report was a “clean,” or unmodified, opinion – meaning that the financial statements had been fairly presented.

She mentioned a single material weakness in the area of internal controls: an insufficient segregation of duties, which is a common feature in small school districts across the state.

A trend analysis of pupil units showed a slight decrease over the past five years, with a count of 775 as of June 30, 2021, as compared to 829 on the same date in 2020.

For more details regarding the audit, pick up a copy of the Messenger!