ST. FRANCISVILLE — Auditors presented a positive year-end report Wednesday to the West Feliciana Parish School Board for the 2013-14 fiscal year.
The audit by Postlethwaite & Netterville indicates the School Board received $25.6 million in revenues, a slight decrease of $69,188 from the previous year. Expenses were $24.2 million, a decrease of $446,102 from 2013. Total net income for the year was more than $1.3 million, increasing the total reserve fund balance to slightly more than $4.8 million.
“It was a good year,” accountant Mike Schexnayder said at Tuesday’s meeting. “You operated with a surplus and you have a good strong fund balance.” He cautioned the board that, like many others across the state, it will face some funding challenges in the future.
“It’s a good audit, there are no findings to report and no instances of non-compliance,” Schexnayder added.
In an unrelated matter, West Feliciana Parish Director of Public Works Jim Ferguson, who is spearheading the cleanup of the old high school location on Pecan Grove, received permission from the board to begin negotiations with Baton Rouge-based Terracon for the project. He estimated the site could be cleared by the end of 2015 or early 2016. He said Parish President Kevin Couhig is working to relocate the Food Pantry and the Clothes Closet.
Ferguson said if a contract can’t be reached with Terracon, two other firms would be next in line for negotiations.
“This is just seeking the right to negotiate a contract with Terracon,” Ferguson said.