June 19, 2007
Status:
Receive Auditor General - State of Florida – Broward County District School Board Financial, Operational, and Federal Single Audit for the Fiscal Year Ended June 30, 2006.
As part of the continued effort to improve accountability, the Auditor General, State of Florida performed the Broward County District School Board Financial, Operational, and Federal Single Audit for the Period July 1, 2005 through June 30, 2006. The Auditor General provided a Financial, Operational and Federal Single Audit report. The Auditor General reported that The Broward County District School prepared its financial statements in accordance with prescribed financial reporting standards. The Auditor General reported that the District has established and implemented procedures that generally provide for internal control of District operations and complied with provisions of law, administrative rules, regulations, contracts and grant agreements. The report identified eleven audit findings/recommendation intended to promote accountability in the District and improvements in the District’s operations.
Also, the Auditor General audited the District’s Federal awards for compliance with applicable Federal requirements. The Food Donation, Child Nutrition Cluster, Vocational Education, Twenty-First Century Community Learning Centers, Disaster Grants, and Student Financial Assistance Cluster programs were audited as major Federal programs. The results of their audit indicated that the District materially complied with the requirements that were applicable to the major Federal programs tested. This report is intended to be used as a resource for Management and Staff.
The Audit Committee reviewed and approved this report for transmittal to the School Board during the Committee’s May 17, 2007 meeting.
The source of funds to perform the Operational Audit Report is the Auditor General, State of Florida’s budget allocation.
Requested Action
Receive Auditor General - State of Florida – Broward County District School Board Financial, Operational, and Federal Single Audit for the Fiscal Year Ended June 30, 2006.
Summary
As part of the continued effort to improve accountability, the Auditor General, State of Florida performed the Broward County District School Board Financial, Operational, and Federal Single Audit for the Period July 1, 2005 through June 30, 2006. The Auditor General provided a Financial, Operational and Federal Single Audit report. The Auditor General reported that The Broward County District School prepared its financial statements in accordance with prescribed financial reporting standards. The Auditor General reported that the District has established and implemented procedures that generally provide for internal control of District operations and complied with provisions of law, administrative rules, regulations, contracts and grant agreements. The report identified eleven audit findings/recommendation intended to promote accountability in the District and improvements in the District’s operations.
Also, the Auditor General audited the District’s Federal awards for compliance with applicable Federal requirements. The Food Donation, Child Nutrition Cluster, Vocational Education, Twenty-First Century Community Learning Centers, Disaster Grants, and Student Financial Assistance Cluster programs were audited as major Federal programs. The results of their audit indicated that the District materially complied with the requirements that were applicable to the major Federal programs tested. This report is intended to be used as a resource for Management and Staff.
The Audit Committee reviewed and approved this report for transmittal to the School Board during the Committee’s May 17, 2007 meeting.
School Board Goals
| Goal 3 - All operations of the school system will demonstrate best practices while supporting student achievement. | ||
| Goal 4 - All stakeholders will work together to build a better school system. |
Financial Impact
The source of funds to perform the Operational Audit Report is the Auditor General, State of Florida’s budget allocation.
Source of Additional Information
Pat Reilly 754 321-8300
Associated File Attachments
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AuditorGeneralReport2007-164 (Files) | |
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ExecutedARF (Files) |