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NEW VEHICLES ARE A PRIORITY FOR AKRON CENTRAL SCHOOLS

Akron Central School District residents will vote at a special district meeting Nov. 15 on the purchase of five replacement vehicles for the district's fleet, at a maximum cost of $299,000.

The new vehicles -- three 66-passenger buses, one 28-passenger van and a four-wheel-drive vehicle -- are needed to replace aging vehicles and meet greater transportation demands, the district says.

Residents will also vote on a maintenance equipment referendum to buy a midsize truck not to exceed $30,000. Voters will cast separate ballots from 6 to 8 p.m.

The School Board appointed Janet Rosenberg as chairwoman for the special district referendum vote and Susan Brewer as clerk.

In a related matter, the board authorized issuing a bond anticipation note -- approved by voters in December -- to buy school buses and a maintenance vehicle not to exceed a total cost of $326,500.

Also Wednesday, an audit of the Akron school system prepared by Lumsden and McCormick shows that the district "ended its operations for the year in conformity with generally accepted accounting principles."

School Business Administrator Loraine Ingrasci reported that the audit showed general fund revenues of $16,693,299 and expenditures of $16,110,338, leaving the district in a "strong financial position once again." The auditors, she noted, had several recommendations for the Board of Education.

One suggestion was to appoint an oversight committee to lead implementation of new accounting standards beginning July 1, 2002.

The audit also recommended that the district's capitalization policies be reviewed and updated, because the new model will require depreciation of capital assets.

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