by KATE EVANS
The Morgan County Board of Education’s financial state was improved this past year of Fiscal Year 2020 despite the COVID-19 pandemic, Morgan County Schools Treasurer Ann Bell said in her annual financial review at the September 22 school board meeting.
Net position
The school board’s total net position (assets minus liabilities) as of June 30 was $13,525,283, an increase of $2,352,336 from Fiscal Year 2019, Bell said in her report. Net position is…
