Serving Gogebic, Iron and Ontonagon Counties

GCC approves preliminary audit , gets marketing update

By MEGAN HUGHES

[email protected]

IRONWOOD - The Gogebic Community College Board of Trustees approved its most recent preliminary audit as presented on Tuesday evening.

Josh Sullivan, a Traverse City CPA with Rehmann Robson LLC, presented the report. He expressed appreciation to the GCC team for its work in helping the audit come together.

"Overall, when you look at the statement deposition, there was a decrease in overall assets of around $500,000," he said. "However, you also have a decrease of liabilities of about $3,000,000, for an overall increase in net position of around $2,000,00...