Serving Gogebic, Iron and Ontonagon Counties

Wakefield-Marenisco hears good, bad news on audit

By P.J. GLISSON

[email protected]

WAKEFIELD - The Wakefield-Marenisco School Board heard an audit report of good and bad news from accountant Karl Ahonen of Ironwood at its Monday evening meeting.

"The school is in very good shape compared to other school districts," said Ahonen after noting that, as of June 30, 2018, the district's combined liability for its retirement fund and retiree health care fund is more than $6.5 million.

"Those are big numbers for this school district," he said, but added, "The state does not use these numbers in determining your (acknowledged) deficit."

Aside f...