The Rainy River District School Board is reporting a surplus for the last school year.
Manager of Financial Services Meaghan Cox says much of the over $3-million, though, is the direct result of legislated measures contained inside Bill 115, reducing sick day and retirement gratuities for teachers.
Cox says other efficiencies the board was able to control help in saving about 775-thousand in the 2011-12 school year.
The auditor also gave a clean report, finding for the first time no issues related to funds collects by school groups.
