District’s finances healthy, but still lacking
Auditor calls Hayden School District "a clean penny" despite fund decrease
December 12, 2008
Hayden — Matthew Scoggins, auditor from Colorado CPA Services, gave the Hayden School District a clean bill of health in a report of the district’s 2007-08 audit.
Complimenting their bookkeeping practices and accountability, Scoggins said the district is a “clean penny” that conformed to standard accounting practices.
“We really feel good. It’s been a great year,” he said to the Hayden School Board during a meeting Thursday night.
This news came as the district had a decrease in net assets of $16,237 last year from the year before, bringing the total net assets of the district to $5.34 million.
The district is also struggling with funding to pay off more than $200,000 in debts associated with the district’s Babson-Carpenter Career and Technical Education Center.
Kevin Kleckler, director of career and technical education at Hayden High School, told the board he had raised $12,600 in pledges in the last month and has applied for a number of grants, including two requests for $100,000 each.
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Even if the money is granted, Kleckler said he is unsure if the money will become available in time for the district to pay off bank loans due at the end of June.
“I think we’re on track. I wish I could say we’re going to be able to slam dunk it, but I think we’re going to be OK,” Kleckler said. “I think raising $12,600 every three weeks when the economy is tanking the way it is : I think we’re doing all right.”
School Board President Brian Hoza suggested the district charge a per-student fee to students using the facility through Colorado Northwest Community College programs to pay for maintenance. The district does not receive any money from the college for use of the facilities.
Kleckler said he would also like assistance in filling out the numerous grant applications.
Grant writer Ruth McBride, who is funded through the Education Fund Board, is available to help the Hayden and South Routt school districts.
Superintendent Greg Rockhold said McBride has already been given a list of requests but he would contact her again to look over additional grant requests written by Kleckler.
– To reach Zach Fridell, call 871-4208 or e-mail email@example.com