Park Rapids School in positive fiscal shape
The Park Rapids School District is in "very positive" financial territory, the board learned Monday night.
The district has nearly doubled its general fund balance, Derek Flanagan of Eide Bailly, certified public accountants, reported. He assured the board the "district is headed in the right direction."
The general fund balance, reserved and unreserved, at the end of the fiscal year totaled $2,016,272; this compares with $1,085,758 in 2009.
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