The School Board of Broward County, Florida
Created : March 02, 2014 at 06:40 PM
Meeting: Regular School Board Meeting :  K. Office of Financial Management  
K-4. Comprehensive Annual Financial Report for Year Ended June 30, 2013 (C)  
December 17, 2013
Status: 
 
 

Quick Summary / Abstract
Approve the audited Comprehensive Annual Financial Report for the year ended June 30, 2013.

The audited Comprehensive Annual Financial Report (CAFR) is prepared in accordance with Generally Accepted Accounting Principles.  The CAFR will be submitted to both the Association of School Business Officials International (ASBO) and the Government Finance Officers Association (GFOA) for consideration of the Certificate of Excellence and the Certificate of Achievement for Excellence in Financial Reporting awards. In order to be awarded these respective Certificates, the District must publish an easily readable and efficiently organized report.  The District has received the Certificate of Excellence for the preceding thirty years from ASBO and has received the Certificate of Achievement for Excellence for the preceding seventeen years from GFOA.  The CAFR was reviewed and approved by the Audit Committee on November 14, 2013.  In addition, our external auditors have audited the financial statements and have rendered an unqualified opinion.

Copies of all supporting documents is available online via the Broward County Public Schools eAgenda at :  
http://eagenda3.broward.k12.fl.us/cgi-bin/WebObjects/eAgenda.

There is no financial impact to the District.


Requested Action
Approve the audited Comprehensive Annual Financial Report for the year ended June 30, 2013.


Summary
The audited Comprehensive Annual Financial Report (CAFR) is prepared in accordance with Generally Accepted Accounting Principles.  The CAFR will be submitted to both the Association of School Business Officials International (ASBO) and the Government Finance Officers Association (GFOA) for consideration of the Certificate of Excellence and the Certificate of Achievement for Excellence in Financial Reporting awards. In order to be awarded these respective Certificates, the District must publish an easily readable and efficiently organized report.  The District has received the Certificate of Excellence for the preceding thirty years from ASBO and has received the Certificate of Achievement for Excellence for the preceding seventeen years from GFOA.  The CAFR was reviewed and approved by the Audit Committee on November 14, 2013.  In addition, our external auditors have audited the financial statements and have rendered an unqualified opinion.

Copies of all supporting documents is available online via the Broward County Public Schools eAgenda at :  

http://eagenda3.broward.k12.fl.us/cgi-bin/WebObjects/eAgenda

School Board Goals
Goal 3: Effective Communication


Financial Impact
There is no financial impact to the District.


Source of Additional Information
Scott Krutchik 754-321-2270



Associated File Attachments
cafr_2013.pdf (Files)  
ExecutedARF (Files)