By Lexi MooreThe Hills-Beaver Creek School Board meeting Monday night began with a presentation from Meredith Mammen, a Certified Public Accountant with the firm Turbes Drealan Kvilhaug & Co out of Worthington.Mammen presented an audit of the Hills-Beaver Creek school district’s fiscal year ending June 30, 2004.School district officials were allowed to include a Management’s Discussion and Analysis report with the auditor’s report. This report gave them an opportunity to justify the finding of the audit.The H-BC district ended the fiscal year with a deficit of $838,781. Total revenue was $2,772,962 while total expenditures were $3,611,743.According to the report, H-BC’s general fund balance decreased by $483,579 from the prior year due to a number of factors, including:ohigher utility costs due to a faulty heating system; ohigher transportation costs due to the increase of fuel and maintenance on the buses; oincreased special education payments, increased costs due to higher insurance; othe locker room project cost, which exceeded the $400,000 bond issue.Mammon explained that the bond issue money for the locker room was actually received and included as revenue during the 2003 fiscal year, but the project was not paid for as an expense until the 2004 fiscal year. These numbers are reflected in the deficit.Board members asked questions and made recommendations for future budgets before voting to approve the audit prepared by Turbes Drealan Kvilhaug and Co.