(Griswold) The Griswold School District received a positive financial auditor report at Monday’s School Board meeting.
Griswold Schools Superintendent David Henrichs says the latest audit showed a 9.34-percent increase in revenue while expenditures decreased 5.9 percent, and the general fund balance increased 167-percent. “When we had our bond referendum meetings a few years ago, we told the public we anticipated saving the district $200,000-$250,000 per year by consolidating to one location,” said Henrichs.
Henrichs says they began tracking expenditures nearly one year ago when the new facility opened at Griswold. For example, from August to February, including staffing changes, the district saved $177,000. “We believe if school continued March through June, we would’ve hit our target, and that’s positive for our district,” explained Henrichs.
In June 2018, school district patrons voted in favor of the4 $9.9 million bond issue to build the new elementary building on the Griswold Middle/School High School Campus. The new facility combined three separate grade school facilities into one.
