Results of District 5 Audit Detailed

District 5 AuditAlan Grimsley of the accounting firm of Derrick Stubbs & Stith presents his report on the Lexington Richland District 5 2010-11 fiscal year audit.

The district finished the year ended June 30 with a balance of $49,816,000, with a general fund balance of $24,646,085, according to Grimsley.