HICKORY, N.C. — Hickory City Schools ended the last fiscal year with a general fund balance of over $3 million, an increase of $18,000 during the year.
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The district’s fiscal savviness was praised by a partner of the firm that performed an audit for the school system, but he also warned of challenges ahead.
During a presentation to the Hickory City School Board of Education on Nov. 10 Andy Deal, a partner at Anderson, Smith & Wike, said many districts across the state haven’t been able to boost their general fund balances.
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VIDEO: School bus and cars collide on Highway 127 South in Hickory
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