System surplus shrinks posted Thursday, January 24th, 2013 @ 12:00 pm  E-mail Story |  Print Story  Monroe City Schools closed out the 2012 fiscal year with a $1.59 million surplus, an audit said. Certified public accountant Francis Huffman delivered the audit to the School Board Tuesday during its regular meeting. The audit also showed a decrease in the school system's general fund surplus of $1.59 million. Huffman said it was a planned decrease in the surplus. "This was a planned decrease by the board during the past fiscal year," Huffman said. "Even though it was a decrease, it was a planned decrease." ..... For the full story, subscribe to the The Ouachita Citizen's NEW E-Edition!