HCPS FL Logo Auditing
Information Item
DATE: Tuesday, July 26, 2011
TO: School Board Members
FROM: MaryEllen Elia, Superintendent
SUBJECT / RECOMMENDATIONS
School Internal Accounts Activity Funds Audit Report for Fiscal Year 2009/2010 (Auditing)
EXECUTIVE SUMMARY

In accordance with the District Audit Plan and State Board of Education Rule 6A-1.087(2), the District Auditing Office has audited the: 

School Activity Funds for fiscal year 2009-2010

Audits for the 245 school sites with internal accounts were conducted during the 2010-2011 school year.  In the opinion of the District Auditing Office, 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:

  • Exemplary audits 80 school sites or 33%
  • Satisfactory audits 155 school sites or 63%
  • Unsatisfactory audits 10 school sites or 4% 

Please note:  20 school sites have received an exemplary rating for more than five consecutive years.  School sites with unsatisfactory ratings submitted a corrective action plan to their Area Director.  Additionally, increased training, peer mentoring, Area Directors' involvement and a review of personnel assignments were implemented.  The majority of unsatisfactory ratings were related to new or inexperienced personnel.

STRATEGIC OBJECTIVES
• Align financial resources to support the district’s strategic goals • Demonstrate best financial practices
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 District Auditing Office’s General Fund budget.

EVALUATION
July 26, 2012
SUBMITTED BY: 
Manuel Ippolito   Kenneth R. Otero
Auditing Manager
813-272-4204
  Deputy Superintendent
(813) 272-4101
    A 9.02
Hillsborough County Public Schools (Florida) * Mtg.#20110726_468 (Board Meeting followed by Public Hearing) * Section A Item# 9.02