Positive financial year for Aspermont School District

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MICHAEL EDGIN PRESENTS ASPERMONT ISD BOARD WITH THE ANNUAL FINANCIAL REPORT

Michael Edgin, with the accounting firm of, Edgin, Parkman, Fleming & Fleming, PC out of Wichita Falls presented the district's annual financial report just before the Christmas break. Overall, the AISD Board of Trustees learned that while there were some minor issues typical in administrative transitions, the district had a clean report and saw an increase to the year-end balance.

In comparing the district’s original budget compared with the final adopted as well as the actual budget at year’s end, Elgin said 2019 was reflective of good fiscal responsibility of the board and the district’s administration. He reminded the board that both the original and final adopted budget were balanced, and the final numbers at the end of the year exceeded expectations by over $100K.

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