SPNRD financial practices declared sound - starherald.com: Local News

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SPNRD financial practices declared sound

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Posted: Monday, December 24, 2012 11:03 am

The South Platte Natural Resources District received a clean bill of health in its financial practices, according to the annual audit results presented to the board of directors at the District’s December board meeting.

Presenting the report, Rachel Smith from Rauner and Associates, told the directors the District’s audit resulted in a Qualified, or clean, opinion showing no significant problems. The audit, examining the 2012 fiscal year ending in June, showed the District holds $3,080,875 in combined net assets, including $387,024 total liabilities.

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