|DATE:||Tuesday, August 01, 2017|
|TO:||School Board Members|
|FROM:||Jeff Eakins, Superintendent|
|SUBJECT / RECOMMENDATIONS|
|School Internal Accounts Activity Funds Audit Report for Fiscal Year 2015/2016 (Business Services Division)|
|In accordance with the District Audit Plan and State Board of Education Rule 6A-1.087(2), the Auditing Services Department has audited the School Activity Funds for Fiscal Year 2015/2016.
Audits for the 244 school sites with internal accounts were conducted during the 2016/2017 school year. In the opinion of the Auditing Services Department, financial and operational management of the School Activity Funds is satisfactory and generally in compliance with statutes, regulations, and School Board policies, with specific exceptions noted.
Summary of results:
|• Establish a strong foundation of financial stewardship|
|FINANCIAL IMPACT (Budgeted: Yes)|
|These audits are conducted as part of the District's Board-approved Annual Audit plan and are budgeted as part of the Auditing Services Department's General Fund budget.|
|SUBMITTED BY: Manuel Ippolito, Manager, Auditing Services Department|
|Gretchen Saunders||Dr. Alberto Vázquez|
|Chief Business Officer
|Chief of Staff
|Hillsborough County Public Schools (Florida) * Mtg.#20170801_817 (Board Meeting followed by Public Hearing) * Section C Item# 13.01|