School board hears favorable audit, discusses district report card

Two big items of discussion at the Nov. 13 Red Bud School Board meeting were the district’s audit and the school report card.

Auditor Bob Moore gave a glowing report to the board, commenting that they are “as good as it gets.”

He continued, “I hope the good news continues. This district is sound and prospering.”

Among the highlights in his report, Moore pointed out that this past year the district was able to collect more money from the state that was due, “so fund balances are good.”

He also noted that while two interfund loans will be on the books for awhile, these are due to having sold bonds for the high school’s addition. But with the district using the sales tax money they receive to repay the loans, it is not costing the taxpayers any interest, which is a saving of around $300,000 per year.

The board accepted the financial report as presented.

For the school report card, Curriculum Director Dustin Nail presented the board with information.

He pointed out that in the past, school districts were assessed on student proficiency, but now they are being assessed on student growth, which compares a student’s previous year’s score with their expected score and current score.

For more form the School Board meeting, please see this week’s print edition.