C12.01 - School Internal Accounts Activity Funds Audit Report for Fiscal Year 2018/2019 (Superintendent's Office)

In Accordance with the Hillsborough County Public Schools District Audit Plan and State Board of Education Rule 6A-1.087(2), the Auditing Services Department has audited the School Internal Accounts Activity Funds for Fiscal Year 2018/2019

Audits for the 241 school sites with internal accounts were conducted during the 2019/2020 school year.  In the opinion of the Auditing Services Department, financial and operational management of the School Internal Accounts Activity Funds is satisfactory and generally in compliance with statutes, regulations, and School Board policies, with specific exceptions noted.

Summary of Results for Fiscal Year 2018/2019

Exemplary audits: 79 school sites or 33 percent

Satisfactory audits: 145 school sites or 60 percent

Needs Improvement audits: 15 school sites or six percent

Unsatisfactory audits: two schools or less than one percent

Please note that 30 school sites have received an exemplary rating for more than five consecutive years.

 Summary of Results for Fiscal Year 2017/2018

 Exemplary audits: 78 school sites or 32 percent

 Satisfactory audits: 153 school sites or 63 percent

 Needs Improvement audits: 12 school sites or 5 percent

 Unsatisfactory audits: one school site or less than one percent 

School sites with Unsatisfactory audits submitted a corrective action plan to their Area Superintendent. To assist school sites, we increased training, peer mentoring, Area Leadership involvement, and added a review of personnel assignments.

* Continuously improve processes and systems

* Establish a strong foundation of financial stewardship

Approve the School Internal Accounts Activity Funds Audit Report for Fiscal Year 2018/2019.

Manuel A. Ippolito, Manager, Auditing Services Department, manuel.ippolito@sdhc.k12.fl.us, (813) 272-4304

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.