The Responsibility of the Board of Education in School District Finances
|
|
- Doris Lloyd
- 5 years ago
- Views:
Transcription
1 The Responsibility of the Board of Education in School District Finances
2 In This Module: How to measure effectiveness How can we evaluate the effectiveness of a school district using a systemic approach Core values, vision, & mission of an effective school district & the financial implications Financial policies & procedures to support an effective school district Evaluating fiscal health
3 But Before We Begin. Some Interesting Food For Thought..
4 What is 55 / 38 / 7? How do We Communicate? Albert Mehrabian (UCLA)
5 Perception? Reality? Reality Stimuli Communication & Interpersonal Relations Texts & Cases William V. Haney Sensation Learning Perception Response
6 Effectiveness How Can We Measure Effectiveness?
7 Systemic Approach Quantitative Measurement Qualitative Measurement Subjective Criteria Rating
8 Systemic Approach in Evaluating a School District
9 How are the Elements of an Effective District Reflected in Your District? Core Values Vision Mission
10 Discussion Topics What are the major challenges facing your district this year? How do they impact the systemic elements for the effectiveness of your district? What is the financial impact?
11 STRONG FISCAL POLICIES & PROCEDURES - THE FOUNDATION OF AN EFFECTIVE SCHOOL DISTRICT
12 Importance of Board of Education Policies Develop strong academic, administrative, & operational policies Result Increased internal controls Monitor compliance with policy Hold employees accountable for compliance with policy Solve problems through systemic policy development:
13 Systemic Policy Development
14 Required Policies & Procedures
15 Designations Intended to reflect a specific aspect of policy compliance & involve a choice made by the board. Usually reviewed as part of the board reorganization meeting in July Common Designations: official banks, news papers, certify payroll, internal & external auditors, claims auditor, & audit committee Boards also have the ability to make additional designations during the school year
16 Procedures & Policies Procedures are the detailed steps behind policies Procedures often are implemented by administrative regulations Administrative regulations identify the specifics of Who, When, & What
17 Strong Fiscal Policies & Procedures Stipulate the Following: The creation, issuance & analysis of fiscal reports The responsibilities of various fiscal officers: Superintendent, Business Official, Treasurer, Internal Auditor, etc. Financial operations: purchasing, budget, transfer, investment, credit card, travel, & meals The governance of extracurricular funds
18 Begin with Good Accounting Practices Adhere to the Uniform System of Accounts Addresses GASB Pronouncements (Governmental Accounting Standards Board) Provides for checks & balances Full disclosure & complete transparency Follows GAAP (Generally Accepted Accounting Principals) Adheres to General Municipal Law (GML), Ed Law & NY Codes, Rules & Regulations (NYCRR) Contains mechanisms to identify & correct fiscal issues Appropriate involvement of BOE in monitoring progress
19 Revenue & Expenditure Policies & Procedures
20 Measuring Fiscal Health
21 Sound Fiscal Health Cash to meet expenditures Sufficient revenues Fiscal Health Minimum reliance on fund equity Meet long term debt & maintain good credit rating Education services at a level that meets needs of all students BOE / Administration commitment to professional development & continuing education
22 Sound Fiscal Health Fiscal Health Long range fiscal plan that is compared frequently & monitored Maintains buildings to avoid major renovations Files all state & federal claims in a timely & accurate manner Experienced auditing firm Interaction between BOE & administration relating to the district s fiscal status & trends
23 Fiscal Distress Over expended or over encumbered appropriations Inadequate budgetary appropriations and / or revenues to carry the district through a fiscal period Cash flow deficit Fund balance depletion or erosion Inability of the Special Aid and / or School Lunch Fund to pay back inter-fund loans
24 Summary
The Responsibility of the Board of Education in Managing School District Fiscal Fitness New York State School Boards Association, Latham NY
The Responsibility of the Board of Education in Managing School District Fiscal Fitness Develop Fiscal Policies and Procedures Legal Required by law Education General Municipal NYCRR Local Contractual
More informationGREENVILLE CENTRAL SCHOOL DISTRICT. Financial Statements and Required Reports as of June 30, 2016 Together with Independent Auditor s Report
GREENVILLE CENTRAL SCHOOL DISTRICT Financial Statements and Required Reports as of June 30, 2016 Together with Independent Auditor s Report CONTENTS INDEPENDENT AUDITOR S REPORT... 1-2 REQUIRED SUPPLEMENTARY
More informationIDENTIFYING CHARACTERISTICS
Class specifications are intended to present a descriptive list of the range of duties performed by employees in the class. Specifications are not intended to reflect all duties performed within the job.
More informationHOLLAND TOWNSHIP BOARD OF EDUCATION COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2017
HOLLAND TOWNSHIP BOARD OF EDUCATION COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2017 Prepared by Holland Township School District Department of Administration HOLLAND TOWNSHIP
More informationThe following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a
The following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a private CPA firm. The document was placed on this web
More informationGreenville Central School District
Greenville Central School District Financial Statements and Required Reports Under OMB Circular A-133 as of June 30, 2015 Together with Independent Auditor s Report CONTENTS INDEPENDENT AUDITOR S REPORT...
More informationThe following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a
The following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a private CPA firm. The document was placed on this web
More informationFISCAL ACCOUNTING AND REPORTING
I. STATEMENT OF PHILOSOPHY FISCAL ACCOUNTING AND REPORTING The Hudson City School District considers it most important that accurate financial records be developed and maintained on a consistent and systematic
More informationGASB 54 Fund Balance Classifications. Presented to the Croton-Harmon Board of Education on May 8, 2014
GASB 54 Fund Balance Classifications Presented to the Croton-Harmon Board of Education on May 8, 2014 GASB-Governmental Accounting Standards Board Vision Greater accountability and wellinformed decision-making
More informationCOLUMBIA SCHOOL DISTRICT. Audited Financial Statements For the Year Ended June 30, 2016
Audited Financial Statements TABLE OF CONTENTS INDEPENDENT AUDITOR S REPORT 1 MANAGEMENT S DISCUSSION AND ANALYSIS 4 BASIC FINANCIAL STATEMENTS 13 Government-wide Financial Statements Exhibit A Statement
More informationWEST IRON COUNTY PUBLIC SCHOOL DISTRICT. Financial Report with Supplemental Information Prepared in Accordance with GASB 34.
Financial Report with Supplemental Information Prepared in Accordance with GASB 34 June 30, 2016 1 TABLE OF CONTENTS Page INDEPENDENT AUDITOR S REPORT... 4 ADMINISTRATION S DISCUSSION AND ANALYSIS... 8
More informationThe following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a
The following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a private CPA firm. The document was placed on this web
More informationApprises the Board of Trustees of activities and strategic direction of the institution.
William A. Mitchell Senior-level executive with extensive experience in financial and strategic planning; information technology; human resources; accounting and financial operations; facilities management
More informationDENMARK-OLAR SCHOOL DISTRICT NO. TWO BAMBERG COUNTY, S. C. BASIC FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION JUNE 30, 2017
DENMARK-OLAR SCHOOL DISTRICT NO. TWO BAMBERG COUNTY, S. C. BASIC FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION JUNE 30, 2017 THIS PAGE IS INTENTIONALLY LEFT BLANK DENMARK-OLAR SCHOOL DISTRICT NO. TWO
More informationMoran Township School
Basic Financial Statements with Supplementary Information June 30, 2010 Contents Independent Auditor s Report 1 2 Administration s Discussion and Analysis 3 10 Basic Financial Statements District wide
More informationFinancial Statements University of New Hampshire Foundation, Inc. June 30, 2017 and 2016
FY 17 Financial Statements University of New Hampshire Foundation, Inc. 9 Edgewood Road, Durham, NH 03824 Table of Contents Table of Contents Independent Auditors' Report... 3-4 Management s Discussion
More informationThe following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a
The following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a private CPA firm. The document was placed on this web
More informationFinancial Statements University of New Hampshire Foundation, Inc. June 30, 2016 and 2015
FY 16 Financial Statements University of New Hampshire Foundation, Inc. 9 Edgewood Road, Durham, NH 03824 Table of Contents Table of Contents Independent Auditors' Report... 3-4 Management s Discussion
More informationThe William Paterson University of New Jersey
The William Paterson University of New Jersey (A Component Unit of the State of New Jersey) Financial Statements and Management s Discussion and Analysis Table of Contents Page Independent Auditors Report
More informationCOMPREHENSIVE ANNUAL FINANCIAL REPORT FISCAL YEAR ENDED JUNE 3D, 2011
FOUNDATION ACADEMY CHARTER SCHOOL COMPREHENSIVE ANNUAL FINANCIAL REPORT FISCAL YEAR ENDED JUNE 3D, 2011 FOUNDATION ACADEMY CHARTER SCHOOL Foundation Academy Charter School Board of Trustees Trenton, New
More informationKent State University. Financial Report June 30, 2010
Kent State University Financial Report June 30, 2010 Table of Contents June 30, 2010 and 2009 Page(s) Management s Discussion and Analysis (unaudited)... 1-8 Financial Statements Report of Independent
More informationWILLIAMSVILLE CENTRAL SCHOOL DISTRICT, NEW YORK Basic Financial Statements, Required Supplementary Information, Supplementary Information and Federal
WILLIAMSVILLE CENTRAL SCHOOL DISTRICT, NEW YORK Basic Financial Statements, Required Supplementary Information, Supplementary Information and Federal Awards Information for the Year Ended June 30, 2017
More informationELLENVILLE CENTRAL SCHOOL DISTRICT. Financial Statements For the Year Ended June 30, 2017 Together with Independent Auditor s Report
ELLENVILLE CENTRAL SCHOOL DISTRICT Financial Statements For the Year Ended June 30, 2017 Together with Independent Auditor s Report CONTENTS INDEPENDENT AUDITOR S REPORT... 1-2 REQUIRED SUPPLEMENTARY INFORMATION
More informationSAN FRANCISCO STATE UNIVERSITY. Financial Statements. June 30, (With Independent Auditors Report Thereon)
Financial Statements (With Independent Auditors Report Thereon) Table of Contents Page(s) Independent Auditors Report 1 2 Management s Discussion and Analysis (Unaudited) 3 14 Financial Statements: Statement
More informationBOROUGH OF LAUREL SPRINGS SCHOOL DISTRICT LAUREL SPRINGS, NEW JERSEY
BOROUGH OF LAUREL SPRINGS SCHOOL DISTRICT LAUREL SPRINGS, NEW JERSEY COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2012 27300 Borough of Laurel Springs School District Table
More informationKent State University (a component unit of the State of Ohio)
Kent State University (a component unit of the State of Ohio) Financial Report Including Supplementary Information June 30, 2018 Table of Contents June 30, 2018 and 2017 Page(s) Independent Auditor s Report...
More informationMontcalm Community College. Years Ended June 30, 2018 and Financial Statements and Supplementary Information
Montcalm Community College Years Ended June 30, 2018 and 2017 Financial Statements and Supplementary Information Board of Trustees June 30, 2018 Karen Carbonelli Carol Deuling-Ravell Robert Marston Roger
More informationFinancial Statements June 30, 2017 Rogers State University
Financial Statements Rogers State University www.eidebailly.com Table of Contents Independent Auditor s Report... 1 Management s Discussion and Analysis... 4 Financial Statements Statement of Net Position...
More informationMILLBRAE SCHOOL DISTRICT COUNTY OF SAN MATEO MILLBRAE, CALIFORNIA AUDIT REPORT. June 30, 2013
MILLBRAE SCHOOL DISTRICT COUNTY OF SAN MATEO MILLBRAE, CALIFORNIA AUDIT REPORT June 30, 2013 CHAVAN &ASSOCIATES, LLP CERTIFIED PUBLIC ACCOUNTANTS 1475 SARATOGA AVE., SUITE 180 SAN JOSE, CA 95129 This Page
More informationMiddlesex School District Financial Statements For The Year Ended June 30, 2011
Middlesex School District Financial Statements Middlesex School District Table of Contents Page Number -- Independent Auditors Report 3-4 -- Management Discussion and Analysis 5 EXHIBIT I Statement of
More informationThe following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a
The following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a private CPA firm. The document was placed on this web
More informationUNDERSTANDING THE BUDGET
Welcome to Harford County Public Schools Program-based Budget The program-based budget presents a different view of how funds are allocated. This format is part of the continuing effort to produce a more
More informationMount Prospect School District 57
Annual Financial Report Year Ended June 3, 216 ANNUAL FINANCIAL REPORT For the Year Ended June 3, 216 TABLE OF CONTENTS Independent Auditors' Report 1-4 Management's Discussion and Analysis (Unaudited)
More informationMillbrae Elementary School District First Interim for Fiscal Year Board of Trustees
Millbrae Elementary School District First Interim for Fiscal Year 2016-2017 Board of Trustees Frank Barbaro Denis Fama Lynne Ferrario Maggie Musa D. Don Revelo Administration Vahn Phayprasert, Superintendent
More informationTable of Contents. Transmittal... i Introduction Executive Overview...1 Organization Chart...7. Community Profile...8. GFOA Budget Award...
Table of Contents Transmittal... i Introduction Executive Overview...1 Organization Chart...7 Community Profile...8 GFOA Budget Award...18 Budget Calendar...19 How to use this document...20 General Fund
More informationChapter 1 Table of Contents 1-1
Chapter 1 Table of Contents Chapter 1... 1-1 INTRODUCTION... 1-2 Authority... 1-2 Authoritative Requirements... 1-2 Objective and Purpose... 1-4 Background... 1-4 ACCOUNTING OVERVIEW... 1-6 Accounting:
More informationCHAFFEY COMMUNITY COLLEGE DISTRICT
CHAFFEY COMMUNITY COLLEGE DISTRICT ANNUAL FINANCIAL REPORT JUNE 30, 2011 AND 2010 TABLE OF CONTENTS JUNE 30, 2011 FINANCIAL SECTION Independent Auditors' Report 2 Management's Discussions and Analysis
More informationASHFORD BOARD OF FINANCE REGULAR MEETING JANUARY 24, :00 p.m.
ASHFORD BOARD OF FINANCE REGULAR MEETING JANUARY 24, 2013 7:00 p.m. Members Present: Cathryn Silver-Smith (Chairperson), Susan Eastwood (Clerk), Paul Canavan, Jane Cercena, Chuck Funk, Merrill Simpson,
More informationBoards Role in Finance & Budget Development. Presented by: NJSBA Field Services Representatives
Boards Role in Finance & Budget Development Presented by: NJSBA Field Services Representatives It s all about & Budgetary & Finance Definitions Budget plan for the appropriation, encumbrance and expenditure
More informationUniversity of NORTH ALABAMA FINANCIAL REPORT 2017
University of NORTH ALABAMA FINANCIAL REPORT 2017 Table of Contents September 30, 2016 PART I FINANCIAL STATEMENTS Independent Auditor s Report... 1 Management s Discussion and Analysis... 4 Statement
More informationCHESTERFIELD COUNTY SCHOOL DISTRICT CHESTERFIELD, SOUTH CAROLINA
CHESTERFIELD, SOUTH CAROLINA AUDITED BASIC FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION JUNE 30, 2013 TABLE OF CONTENTS Page INTRODUCTORY SECTION Principal Officials 1 FINANCIAL SECTION Independent
More informationThe William Paterson University of New Jersey
The William Paterson University of New Jersey (A Component Unit of the State of New Jersey) Financial Statements and Management s Discussion and Analysis Table of Contents Page Independent Auditors Report
More informationMoran Township School
Basic Financial Statements with Supplementary Information June 30, 2009 Contents Independent Auditor s Report 1 2 Administration s Discussion and Analysis 3 10 Basic Financial Statements District wide
More informationUniversity of Southern Indiana 2018 Financial Report
University of Southern Indiana 2018 Financial Report Presented by Steve Bridges Presented by Jeff Sickman University of Southern Indiana Controller and Assistant Treasurer Agenda Audit opinion Definition
More informationAcademy Charter High School. of Monmouth County. Academy Charter High School. Lake Como, New Jersey COMPREHENSIVE ANNUAL FINANCIAL REPORT
Academy Charter High School of Monmouth County Academy Charter High School Lake Como, New Jersey COMPREHENSIVE ANNUAL FINANCIAL REPORT Fiscal Year Ended June 30, 2016 COMPREHENSIVE ANNUAL FINANCIAL REPORT
More informationGUILDERLAND CENTRAL SCHOOL DISTRICT AUDITED FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES JUNE 30, 2017
AUDITED FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES JUNE 30, 2017 C O N T E N T S PAGE INDEPENDENT AUDITORS REPORT... 1 2 MANAGEMENT S DISCUSSION AND ANALYSIS... 3 11 BASIC FINANCIAL STATEMENTS Statement
More informationLANETT CITY BOARD OF EDUCATION. ANNUAL FINANCIAL REPORT September 30, 2017
ANNUAL FINANCIAL REPORT September 30, 2017 ANNUAL FINANCIAL REPORT September 30, 2017 Independent Auditor s Report... 1 Management s Discussion and Analysis... 3 Basic Financial Statements Government-Wide
More informationJacksonville State University Financial Statements September 30, 2017 and 2016
Financial Statements September 30, 2017 and 2016 Table of Contents September 30, 2017 and 2016 PART I FINANCIAL STATEMENTS PAGE Independent Auditor s Report... 1 Management s Discussion and Analysis...
More informationWEST IRON COUNTY PUBLIC SCHOOL DISTRICT. Financial Report with Supplemental Information Prepared in Accordance with GASB 34.
Financial Report with Supplemental Information Prepared in Accordance with GASB 34 June 30, 2009 1 TABLE OF CONTENTS INDEPENDENT AUDITOR S REPORT... 4 ADMINISTRATION S DISCUSSION AND ANALYSIS... 7 BASIC
More informationALLENDALE COUNTY SCHOOL DISTRICT FAIRFAX, SOUTH CAROLINA FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION FOR THE FISCAL YEAR ENDED JUNE 30, 2016
FAIRFAX, SOUTH CAROLINA FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION FOR THE FISCAL YEAR ENDED JUNE 30, 2016 FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION FOR THE FISCAL YEAR ENDED JUNE 30,
More informationRIVERSIDE ELEMENTARY SCHOOL DISTRICT NO. 2
ANNUAL FINANCIAL REPORT FISCAL YEAR ENDED Issued by: Business and Finance Department This page intentionally left blank. TABLE OF CONTENTS Page INDEPENDENT AUDITORS' REPORT...1-2 MANAGEMENT'S DISCUSSION
More informationHendrick Hudson Central School District, New York
Financial Statements and Supplementary Information Year Ended June 30,2014 Table of Contents Page No. Independent Auditors' Report Management's Discussion and Analysis Basic Financial Statements District-Wide
More informationThe accompanying notes are an integral part of these financial statements. 13
COUNTY OF MARQUETTE, MICHIGAN STATEMENT OF NET POSITION December 31, 2012 Primary Government Governmental Business Type Component Activities Activities Total Units ASSETS Cash and equivalents $ 11,686,626
More informationUNDERSTANDING THE BUDGET
Welcome to Harford County Public Schools Program-based Budget The program-based budget presents a different view of how funds are allocated. This format is part of the continuing effort to produce a more
More informationCLEARVIEW LOCAL SCHOOL DISTRICT LORAIN COUNTY, OHIO
LORAIN COUNTY, OHIO AUDIT REPORT For the Year Ended June 30, 2014 Board of Education Clearview Local School District 4700 Broadway Avenue Lorain, Ohio 44052 We have reviewed the Independent Auditors Report
More informationHUNTERDON COUNTY VOCATIONAL SCHOOL DISTRICT BOARD OF EDUCATION COMPREHENSIVE ANNUAL FINANCIAL REPORT. For the Fiscal Year Ended June 30, 2016
HUNTERDON COUNTY VOCATIONAL SCHOOL DISTRICT BOARD OF EDUCATION COMPREHENSIVE ANNUAL FINANCIAL REPORT For the Fiscal Year Ended June 30, 2016 Prepared by Hunterdon County Vocational School District Department
More informationRecent Significant GASB Pronouncements. William Feng, Chief Accountant October 2018
1d. GASB Review 1d. Recent Significant GASB Pronouncements William Feng, Chief Accountant October 2018 0 What is GASB? Governmental Accounting Standards Board (GASB) is the independent organization that
More informationGRANVILLE CENTRAL SCHOOL DISTRICT FINANCIAL REPORT JUNE 30, 2017
FINANCIAL REPORT JUNE 30, 2017 TABLE OF CONTENTS PAGE INDEPENDENT AUDITOR S REPORT 1-3 SECTION A MANAGEMENT S DISCUSSION AND ANALYSIS MANAGEMENT S DISCUSSION AND ANALYSIS A1 A6 SECTION B BASIC FINANCIAL
More informationSUPERINTENDENT MONITORING REPORT February 15, 2011 Executive Limitations: 3.3 Financial Conditions (Balance Sheet) and Activity (Income Statement)
SUPERINTENDENT MONITORING REPORT February 15, 2011 Executive Limitations: 3.3 Financial Conditions (Balance Sheet) and Activity (Income Statement) Policy 3.3 Summary The Superintendent shall neither cause
More informationSEAGULL SERVICES a Florida registered d/b/a for SEAGULL INDUSTRIES FOR THE DISABLED, INC. REPORT ON AUDIT OF FINANCIAL STATEMENTS For the Year Ended
REPORT ON AUDIT OF FINANCIAL STATEMENTS (with comparable totals for 2017) TABLE OF CONTENTS PAGE INDEPENDENT AUDITOR'S REPORT 1-2 FINANCIAL STATEMENTS Statement of Financial Position 3 Statement of Activities
More informationTHE SABIS INTERNATIONAL CHARTER SCHOOL FINANCIAL STATEMENTS
THE SABIS INTERNATIONAL CHARTER SCHOOL FINANCIAL STATEMENTS for the years ended June 30, 2017 and 2016 years ended June 30, 2017 and 2016 C O N T E N T S Independent Auditors Report... 1 Management s Discussion
More informationGreenwood County School District Number 52
Greenwood County School District Number 52 Report on Financial Statements For the year ended June 30, 2017 Board of Trustees Term of office Name From To Paul Cobb, Chairman July 1, 2016 June 30, 2019 Dayne
More informationMILLBRAE SCHOOL DISTRICT COUNTY OF SAN MATEO MILLBRAE, CALIFORNIA AUDIT REPORT. June 30, 2016
MILLBRAE SCHOOL DISTRICT COUNTY OF SAN MATEO MILLBRAE, CALIFORNIA AUDIT REPORT June 30, 2016 CHAVAN & ASSOCIATES, LLP CERTIFIED PUBLIC ACCOUNTANTS 1475 SARATOGA AVE., SUITE 180 SAN JOSE, CA 95129 This
More informationGREAT MEADOWS REGIONAL SCHOOL DISTRICT BOARD OF EDUCATION COMPREHENSIVE ANNUAL FINANCIAL REPORT. For the Fiscal Year Ended June 30, 2016
GREAT MEADOWS REGIONAL SCHOOL DISTRICT BOARD OF EDUCATION COMPREHENSIVE ANNUAL FINANCIAL REPORT For the Fiscal Year Ended June 30, 2016 Prepared by Great Meadows Regional School District Board of Education
More informationELIZABETH FORWARD SCHOOL DISTRICT
~ ~ ~ ~ ~ FINANCIAL STATEMENTS FOR THE YEAR ENDED ELIZABETH FORWARD SCHOOL DISTRICT ALLEGHENY COUNTY, PENNSYLVANIA FINANCIAL STATEMENTS AND OTHER INFORMATION REQUIRED BY OFFICE OF MANAGEMENT AND BUDGET
More informationBARTON COUNTY COMMUNITY COLLEGE. Financial Statements With Independent Auditors Report. For the Years Ended June 30, 2017 and 2016
Financial Statements With Independent Auditors Report For the Years Ended June 30, 2017 and 2016 Financial Statements With Independent Auditors Report For the Years Ended June 30, 2017 and 2016 TABLE OF
More informationGREENBRIER SCHOOL DISTRICT NO. 47 Greenbrier, Arkansas
Greenbrier, Arkansas REGULATORY BASIS FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION For the Year Ended June 30,2012 CONTENTS Page Number Independent Auditors' Report... 1-2 Regulatory Basis Financial
More informationNew York State School Boards Association 2009 Annual Convention October 17, 2009
Optimal School Budgeting During Tough Fiscal Times New York State School Boards Association 2009 Annual Convention October 7, 2009 Dr. Joseph L. Natale NYSSBA Director of AdvisorySolutions Efficiency &
More informationDURHAM TECHNICAL COMMUNITY COLLEGE
STATE OF NORTH f CAROLINA OFFICE OF THE STATE AUDITOR BETH A. WOOD, CPA DURHAM TECHNICAL COMMUNITY COLLEGE DURHAM, NORTH CAROLINA FINANCIAL STATEMENT AUDIT REPORT FOR THE YEAR ENDED JUNE 30, 2017 A COMPONENT
More informationSection F. Annual Budgetary Processes, Policies, & Fund Structure
Section F Annual Budgetary Processes, Policies, & Fund Structure F-1 Introduction This section of the operating plan presents the major budget policies and long term financial management tools that guide
More informationNATIVE VILLAGE OF BARROW. Year Ended December 31, 2016
NATIVE VILLAGE OF BARROW Basic Financial Statements, Required Supplementary Information, Additional Supplementary Information, and Compliance Reports Year Ended December 31, 2016 NATIVE VILLAGE OF BARROW
More informationINDEPENDENT AUDITORS COMMUNICATION WITH THOSE CHARGED WITH GOVERNANCE. October 4, 2013
Rehmann Robson 2330 East Paris Ave., SE Grand Rapids, MI 49546 Ph: 616.975.4100 Fx: 616.975.4400 www.rehmann.com INDEPENDENT AUDITORS COMMUNICATION WITH THOSE CHARGED WITH GOVERNANCE October 4, 2013 Board
More informationCharlevoix-Emmet Intermediate School District. Financial Statements
Charlevoix-Emmet Intermediate School District Financial Statements For the Fiscal Year Ended June 30, 2018 TABLE OF CONTENTS FINANCIAL SECTION PAGE Management s Discussion and Analysis 1-5 Report of Independent
More informationPLATTSBURGH CITY SCHOOL DISTRICT FINANCIAL REPORT JUNE 30, 2015 AND 2014
FINANCIAL REPORT JUNE 30, 2015 AND 2014 Contents INDEPENDENT AUDITOR'S REPORT 1-3 Management's Discussion and Analysis 4-9 Statements of Net Position 10 Statements of Activities 11 Balance Sheets - Governmental
More informationEVANS-BRANT CENTRAL SCHOOL DISTRICT, NEW YORK Basic Financial Statements, Required Supplementary Information, Supplementary Information, and Federal
EVANS-BRANT CENTRAL SCHOOL DISTRICT, NEW YORK Basic Financial Statements, Required Supplementary Information, Supplementary Information, and Federal Awards Information for the Year Ended June 30, 2017
More informationEAST TROY COMMUNITY SCHOOL DISTRICT
EAST TROY COMMUNITY SCHOOL DISTRICT AUDITED FINANCIAL STATEMENTS JUNE 30, 2015 James R. Frechette CERTIFIED PUBLIC ACCOUNTANT June 30, 2015 TABLE OF CONTENTS Page Independent Auditor s Report 1-2 Basic
More informationBRISTOL COMMUNITY COLLEGE (an Agency of the Commonwealth of Massachusetts) FINANCIAL STATEMENTS AND MANAGEMENT S DISCUSSION AND ANALYSIS
(an Agency of the Commonwealth of Massachusetts) FINANCIAL STATEMENTS AND MANAGEMENT S DISCUSSION AND ANALYSIS JUNE 30, 2017 Financial Statements and Management s Discussion and Analysis C O N T E N T
More informationBabson College Consolidated Financial Statements June 30, 2017 and 2016
Consolidated Financial Statements Index Page(s) Report of Independent Auditors... 1 2 Consolidated Financial Statements Consolidated Statements of Financial Position... 3 Consolidated Statements of Activities...
More informationCONFLUENCE ACADEMY LEA A LOCAL EDUCATION AGENCY OF CONFLUENCE ACADEMY, INC. FINANCIAL STATEMENTS JUNE 30, 2016
A LOCAL EDUCATION AGENCY OF CONFLUENCE ACADEMY, INC. FINANCIAL STATEMENTS JUNE 30, 2016 Contents Page Independent Auditors Report... 1-3 Management s Discussion And Analysis... 4-10 Financial Statements
More informationWASHBURN UNIVERSITY OF TOPEKA FINANCIAL STATEMENTS JUNE 30, 2017
FINANCIAL STATEMENTS JUNE 30, 2017 Index Page Independent Auditors Report... 1-3 Management s Discussion And Analysis... 4-24 Financial Statements Statements Of Net Position... 25-26 Statements Of Financial
More informationAUBURN ENLARGED CITY SCHOOL DISTRICT. Financial Statements For the Year Ended June 30, 2016 Together with Independent Auditor s Report
AUBURN ENLARGED CITY SCHOOL DISTRICT Financial Statements For the Year Ended June 30, 2016 Together with Independent Auditor s Report AUBURN ENLARGED CITY SCHOOL DISTRICT TABLE OF CONTENTS JUNE 30, 2016
More informationDISTINCTIVE COLLEGE PREP
DISTINCTIVE COLLEGE PREP FINANCIAL STATEMENTS WITH SUPPLEMENTAL INFORMATION JUNE 30, 2018 DISTINCTIVE COLLEGE PREP TABLE OF CONTENTS INDEPENDENT AUDITORS' REPORT... 3 4 MANAGEMENT S DISCUSSION AND ANALYSIS...
More informationJOHNSON COUNTY COMMUNITY COLLEGE FINANCIAL STATEMENTS JUNE 30, 2017
JOHNSON COUNTY COMMUNITY COLLEGE FINANCIAL STATEMENTS JUNE 30, 2017 Contents Independent Auditor s Report 1 2 Management s Discussion and Analysis 3 13 Financial Statements Statements of net position 14
More informationFY 2 ANNUAL FINANCIAL REPORT INCLUDING INDEPENDENT AUDITOR'S REPORT
FY 2 ANNUAL FINANCIAL REPORT 0 1 8 HARALSON COUNTY, GEORGIA FOR THE FISCAL YEAR ENDED JUNE 30, 2018 INCLUDING INDEPENDENT AUDITOR'S REPORT - TABLE OF CONTENTS - Page SECTION I FINANCIAL INDEPENDENT AUDITOR'S
More informationTEAGUE INDEPENDENT SCHOOL DISTRICT
TEAGUE INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL AND COMPLIANCE REPORT JUNE 30, 2018 TEAGUE INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL AND COMPLIANCE REPORT FOR THE YEAR ENDED JUNE 30, 2018 TABLE
More information- Annual Appointment by the Board of Education Board of Education Appointment
SAMPLE POLICY SCHOOL DISTRICT BOARD OF EDUCATION POLICY CLAIMS AUDITOR Job Description (Adoption Date) NOTE 1: The New York State accountability legislation of 2005 (Chapter 253) removed the word internal
More informationADELPHI UNIVERSITY. For the years ended August 31, 2016 and 2015
Independent Auditors Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government
More informationNORTHWEST MISSISSIPPI COMMUNITY COLLEGE Audited Financial Statements For the Year Ended June 30, 2016
NORTHWEST MISSISSIPPI COMMUNITY COLLEGE Audited Financial Statements For the Year Ended June 30, 2016 NORTHWEST MISSISIIPPI COMMUNITY COLLEGE TABLE OF CONTENTS INDEPENDENT AUDITOR S REPORT... 1 MANAGEMENT
More informationFive-Year Budget Projection and Reserve Fund Report. Horseheads Central School District October 2010
Five-Year Budget Projection and Reserve Fund Report Horseheads Central School District October 2010 1 Five Year Budget Projection We ve used estimates based on the best available information to create
More informationComprehensive Annual Financial Report
Comprehensive Annual Financial Report of the City of Brigantine Board of Education (A component unit of the City of Brigantine) Brigantine, New Jersey For the Fiscal Year Ended June 30, 2013 TABLE OF
More informationSCOTT MARUNIAK, TREASURER
BASIC FINANCIAL STATEMENTS (AUDITED) FOR THE FISCAL YEAR ENDED JUNE 30, 2016 SCOTT MARUNIAK, TREASURER TABLE OF CONTENTS Independent Auditor s Report... 1-2 Management s Discussion and Analysis... 3-11
More informationMOUNTWEST COMMUNITY AND TECHNICAL COLLEGE. Financial Statements as of and for the Years Ended June 30, 2013 and 2012, and Independent Auditors Report
MOUNTWEST COMMUNITY AND TECHNICAL COLLEGE Financial Statements as of and for the Years Ended June 30, 2013 and 2012, and Independent Auditors Report MOUNTWEST COMMUNITY AND TECHNICAL COLLEGE TABLE OF CONTENTS
More informationSimmons University Financial Statements June 30, 2018 and 2017
Financial Statements Index Page(s) Report of Independent Auditors... 1 2 Financial Statements Statements of Financial Position... 3 Statements of Activities... 4 Statements of Cash Flows... 5... 6 26 Report
More informationMILLBRAE SCHOOL DISTRICT COUNTY OF SAN MATEO MILLBRAE, CALIFORNIA AUDIT REPORT. June 30, 2014
MILLBRAE SCHOOL DISTRICT COUNTY OF SAN MATEO MILLBRAE, CALIFORNIA AUDIT REPORT June 30, 2014 CHAVAN & ASSOCIATES, LLP CERTIFIED PUBLIC ACCOUNTANTS 1475 SARATOGA AVE., SUITE 180 SAN JOSE, CA 95129 Received
More informationLANETT CITY BOARD OF EDUCATION. ANNUAL FINANCIAL REPORT September 30, 2016
ANNUAL FINANCIAL REPORT September 30, 2016 ANNUAL FINANCIAL REPORT September 30, 2016 Independent Auditor s Report... 1 Management s Discussion and Analysis... 3 Basic Financial Statements Government-Wide
More informationWINFIELD TOWNSHIP SCHOOL DISTRICT COMPREHENSIVE ANNUAL FINANCIAL REPORT FISCAL YEAR ENDED JUNE 30, 2016
COMPREHENSIVE ANNUAL FINANCIAL REPORT FISCAL YEAR ENDED JUNE 30, 2016 1 Winfield Township School District Winfield, New Jersey Comprehensive Annual Financial Report For The Fiscal Year Ended June 30, 2016
More informationCLINTON COMMUNITY SCHOOL DISTRICT
CLINTON COMMUNITY SCHOOL DISTRICT AUDITED FINANCIAL STATEMENTS JUNE 30, 2015 James R. Frechette CERTIFIED PUBLIC ACCOUNTANT June 30, 2015 TABLE OF CONTENTS Independent Auditor s Report 1-2 Basic Financial
More informationAUDITED FINANCIAL STATEMENTS
VILLAGE OF JACKSON AUDITED FINANCIAL STATEMENTS DECEMBER 31, 2016 James R. Frechette CERTIFIED PUBLIC ACCOUNTANT TABLE OF CONTENTS Table of Contents Page Independent Auditor s Report 1-2 Basic Financial
More informationKent State University. Financial Report June 30, 2008
Kent State University Financial Report June 30, 2008 Table of Contents Page(s) Management s Discussion and Analysis (unaudited)... 1-6 Financial Statements Report of Independent Auditors... 7-8 Statement
More informationTOWNSHIP OF FAIRFIELD REPORT OF AUDIT FOR THE YEAR ENDED DECEMBER 31, 2014
TOWNSHIP OF FAIRFIELD REPORT OF AUDIT FOR THE YEAR ENDED DECEMBER 31, 2014 TOWNSHIP OF FAIRFIELD TABLE OF CONTENTS Exhibit Page No. PART I Independent Auditor's Report 1-3 CURRENT FUND A Comparative Balance
More information