Audit shows Sidney Public Schools operating in the black

As the year draws to a close, the primary focus of Monday’s School Board meeting was the 2012-2013 audit completed by Rauner and Associates. The Nebraska Department of Education and state statutes require that all schools complete annual audits.

Julie Peetz, a representative from Rauner and Associates, came to the meeting to walk the board through the year’s finances.

The audit revealed that Sidney Public Schools’ funds have remained fairly constant over the last few years. The beginning and ending positions showed a net increase of $350,335 between the cash equivalents, cash with fiscal agent...